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Fantasy 360 (CSE:VRAR) sells first UNCONTAINED VR system

Media, Technology
CSE:VRAR
02 December 2021 13:45 (EDT)

Source: Fantasy 360 Technologies.

Fantasy 360 (VRAR) sold its first UNCONTAINED VR system at the 2021 IAAPA Expo.

The company showcased its hyper-immersive VR attraction, including its Deep Signal game, over four days to an estimated audience of 2,000.

It signed a definitive agreement with Autobahn Indoor Speedway to purchase the first unit with an option for nine more. The first unit is targeted for delivery in Q1 2022, while subsequent orders are slotted for delivery by mid-Q2 through Q3.

It also unveiled its pending acquisition of Synthesis VR with plans on making select Synthesis games available within UNCONTAINED in the near future.

Tim Bieber, CEO of Fantasy 360, stated,

“We loved being at IAAPA among our peers in the LBE industry and we’re excited to press ahead with building out our patent-pending technology platforms, which are unique in the industry. While some are still trying to figure out what the metaverse is, and while we still have much work to do to execute on our vision, we have a tangible product and it’s shipping now, which feels great after our years of hard work.”

Bill Harris, Autobahn Indoor Speedway’s Director of Development, added,

“We love UNCONTAINED’s unique combination of unmatched hyper-immersive player experience and its scalability, allowing us to rapidly add units inside or outside our locations with no operational disruption.”

Fantasy 360 Technologies, d.b.a. Immersive Tech, is building the physical metaverse with a focus on social entertainment, virtual reality and augmented reality attractions.

Fantasy 360 (VRAR) is up by 6.67 per cent and is currently trading at $0.40 per share as of 11:36 am EST.

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