Source: D-BOX Technologies.
  • D-BOX Technologies (TSX:DBO) has renewed its partnership with Advanced SimRacing, a leading gear company in simulated racing
  • This partnership will enable Advanced SimRacing’s customer base the opportunity to build the ultimate racing simulator with D-BOX’s FIA-licensed haptic technology
  • The value of the haptic components to be sold by D-BOX under this agreement is expected to exceed C$2.6 million over the next year
  • D-BOX Technologies Inc. (DBO) opened trading at $0.10 per share

D-BOX Technologies (TSX:DBO) has renewed its partnership with Advanced SimRacing, a leading gear company in simulated auto racing.

This partnership will enable Advanced SimRacing’s customer base the opportunity to build the ultimate racing simulator with D-BOX’s FIA-licensed haptic technology. The value of the haptic components to be sold by D-BOX under this agreement is expected to exceed C$2.6 million over the next year.

Sébastien Mailhot, president and CEO of D-BOX, said this renewed partnership strengthens the company’s presence in the simulation industry and allows the team to provide a more immersive and realistic experience to the market.

“Through this partnership, we are able to integrate our cutting-edge motion technology with Advanced SimRacing’s state-of-the-art simulators, resulting in a truly unparalleled simulation experience. We are confident that our collaboration with ASR will continue to bring significant benefits to both of our businesses as we work together to push the boundaries of racing simulation technology,” Mailhot said.

Advanced SimRacing is a racing simulation chassis manufacturer and digital motorsport equipment retailer. Its simulators are designed to replicate the feel of driving a real race car, and D-BOX’s G5 actuators further enhance the realism and the precision of the sim racing experience. Advanced SimRacing has experience working with professional drivers from IMSA, F1, Lamborghini Super Trofeo, Porsche Cup, NASCAR and others.

D-BOX creates immersive entertainment experiences through motion, vibration and texture. It offers the first haptic system endorsed by the Fédération Internationale de l’Automobile. The company recently released its Q4 and fiscal 2023 financial results, highlighting total revenue growth of 60 per cent to $34.1 million for the year, including 49 per cent growth in Q4. Click here to learn more.

D-BOX Technologies Inc. (DBO) opened trading at $0.10 per share.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

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