I.S.A.A.C. and Imitera to Revolutionize Space Industry With Unique XR Solutions

We are proud to announce that Imitera and I.S.A.A.C, International Space Asset Acceleration Company AB the 16 of February 2023 signed a LOI agreeing on a new Joint Venture (JV). The purpose is to solve business challenges in the space industry through the use of Extended Reality (XR) applications. The JV, with the tagline "Take Space innovations to Earth via XR", will bring together the expertise of both parties to simplify the use of innovative XR solutions in the space industry.

The space industry is facing significant challenges in accessing, displaying, and demonstrating objects in the real world. We intend to address these challenges by utilizing the latest XR technologies and applications to help businesses in the space industry to reach out and better showcase their products and services. The JV will also explore opportunities to expand into other industries.

"We are thrilled to join forces with Imitera to bring cutting-edge XR solutions to the space industry," said Mattias Hansson, Founder and CEO of I.S.A.A.C "The potential for XR technology in the space industry is huge, and we are confident that our joint venture will play a major role in driving innovation and growth in this exciting field."

"The space industry is rapidly evolving, and we believe that XR technology has the potential to revolutionize the way we promote, interact with and experience innovations," said John Nilsson, CEO and Founder of Imitera. "We are proud to be working with I.S.A.A.C to bring our expertise and resources to this joint venture and to help businesses in the space and related industries to achieve their goals. We have already worked with space project Ariane 6 and we see a lot of further possibilities in the space industry."

We are committed to the joint vision of taking space innovations to earth and believe that XR by Imitera will play a key role to provide virtual access and create engagement in reality. Combining our expertises, networks and resources will lead to groundbreaking XR solutions for the space industry.

For more information, please contact

I.S.A.A.C: Mattias Hansson, CEO, info@i-s-a-a-c.com

Imitera: John Nilsson, CEO, info@imitera.com www.imitera.com

I.S.A.A.C – Bring Space to Earth!

I.S.A.A.C was founded in 2022 to help companies and organizations find knowledge destined for space to drive change on Earth. By matching existing advanced space research with urgent and current needs of companies and organizations, new business opportunities are created. There are already countless examples of this knowledge transformation, in areas such as medicine, environment, transport, communication, sustainability, entertainment and industry.

Imitera – A touch of reality

Imitera was founded in Stockholm 2018 to create professional Virtual and Augmented Reality experiences. Through unique applications developed on Slipstream, Imiteras multiuser XR(Extended Reality) platform, we help companies increase customer experience and drive business value. We focus on shared, unique and engaging meetings and experiences. Slipstream empowers interactivity, mobility and facilitates photogrammetry based content and user generated applications for the future Metaverse.

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