DBOX Technologies - President and CEO, Sébastien Mailhot.
President and CEO, Sébastien Mailhot.
Source: D-BOX.
  • D-BOX (DBO) will work with Vesaro to install racing simulators worldwide
  • The simulators are part of the new Kindred Concepts entertainment centres, which will offer a realistic Formula 1 racing experience
  • The first venue is slated to open by year-end with up to 30 across the U.S., Middle East and Asia contemplated over the next five years
  • D-BOX creates immersive entertainment experiences through motion, vibration and texture
  • D-BOX Technologies (DBO) is unchanged trading at $0.11 per share

D-BOX (DBO) will partner with Vesaro to install racing simulators worldwide.

U.K.-based Vesaro is designing and manufacturing the simulators for the new Kindred Concepts entertainment centres, which will provide an immersive and fully licensed Formula 1 racing experience.

The companies will install 60 simulators in the first venue in London’s One New Change Center, with an opening scheduled for the end of this year. The project may include as many as 30 additional venues in the U.S., Middle East and Asia over the next five years.

“We really believe in this concept of sim racing centers and are proud to have been selected by Vesaro, our long-time partner in racing simulation,” stated Sébastien Mailhot, D-BOX’s President and CEO. “Each center will be supplied with state-of-the-art Vesaro simulators equipped with D-BOX haptic systems, giving racing fans the best immersive social racing experience.”

“Haptic systems are essential when it comes time to recreate the realism of a race, and D-BOX is the best in that field,” added Nevil Slade, Vesaro’s CEO.

D-BOX creates immersive entertainment experiences through motion, vibration and texture.

D-BOX Technologies (DBO) is unchanged trading at $0.11 per share as of 10:53 am EST.

More From The Market Online

Tilray Brands launches health-conscious cannabis drinks

Tilray Brands (TSX:TLRY) showcases two new cannabis-infused beverages from XMG to court more health-conscious consumers.

BlackBerry expands AI-powered cybersecurity service

BlackBerry (TSX:BB) releases the new and expanded CylanceMDR, a managed detection and response tool backed by its Cylance AI platform.

Qualcomm stock jumps on Q2 2024 earnings

Qualcomm (NDAQ:QCOM) shares rise nearly 10 per cent early Thursday on better-than-expected adjusted earnings and strong revenue guidance.

Fobi AI could address a market in the trillions: Why it’s time to buy

Fobi AI (TSXV:FOBI) is an essential stock to consider to capitalize on the exponential trends of digital wallets and artificial intelligence.