PriceSensitive

ARHT Media (TSXV:ART) announces contract with NATO

Technology
TSXV:ART
09 September 2021 10:30 (EDT)
ARHT Media - CEO, Larry O'Reilly.

Source: ARHT Media.

ARHT Media Inc. (ART) has scored a contract with NATO Supreme Allied Command Transformation, the training and development division of NATO.

NATO has secured ARHT Media’s HoloPresence technology as the organization looks to reduce training-related travel expenses and reach those who are unable to attend training events in person.

ARHT Media will install its H-Series HoloPresence display systems and ARHT Engines at NATO’s two leading training facilities in the United States and Germany.

In addition, NATO will be showcasing this innovative technology at the NATO Training Technology Conference between September 14-16, 2021, attended by training leadership from NATO member countries from around the world.

Larry O’Reilly, ARHT Media’s CEO, commented on this significant contract.

“We are honoured that NATO has selected our HoloPresence technology to help make instructors that are most in-demand much more efficient by reducing the need for travel,” he said, “with the added bonus of reducing travel expenses as well as carbon emissions.”

“In addition,” he added, “the NATO Training Technology Conference will expose our technology to many more NATO countries beyond the U.S. and Germany.”

ARHT Media’s patented HoloPresence technology is a complete end-to-end solution that creates a sense of presence for audiences, as though the holographic presenter was actually live in the room.

“Our technology leadership executives have been extremely impressed with the lifelike experience and lack of latency of ARHT’s HoloPresence technology,” said NATO’s project leader Paul Thurkettle.

“We are continually looking,” he added, “to embrace technology to improve efficiencies, reduce costs and provide more compelling and impactful training and our experimentation with ARHT is very exciting.”

ARHT Media Inc. (ART) is currently up 5.0 per cent, trading at $0.21 per share as of 10:07 am ET.

Related News