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D-BOX Technologies (TSX:DBO) partners with Vesaro

Consumer, Technology
TSX:DBO
29 June 2022 11:15 (EDT)
DBOX Technologies - President and CEO, Sébastien Mailhot.

Source: D-BOX.

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.

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