- CEO
- David Patrick Whelan
- Full Time Employees
- 67
- Sector
- Technology
- Industry
- Software - Application
- Address
- Cleaboy Business Park Waterford Ireland X91 AX83
- IPO Date
- Mar 12, 2018
- Business
- ENGAGE XR Holdings plc (AIM: EXR), formerly known as VR Education Holdings Public Limited Company, develops and commercializes the ENGAGE platform, a virtual reality (VR), augmented reality (AR), and extended reality (XR) software solution for immersive education, corporate training, collaboration, and events; it also sells proprietary VR experiences such as Apollo 11 VR, Titanic VR, and Shuttle Commander through platforms including Oculus, Steam, and PlayStation stores. The company offers ENGAGE Link, a business-focused metaverse platform enabling corporations, professionals, education organizations, and event organizers to create customized virtual worlds, digital twins, and training environments with cross-platform support for VR/AR/XR devices, PCs, Macs, tablets, and smartphones; additional features include a no-code Experience Editor, AI Character Creator, School of AI initiative, immersive whiteboards, spatial VoIP, media streaming, and secure cloud file management with ISO 27001 certification, GDPR compliance, SSO, and 2FA. Founded in 2017 and headquartered in Waterford, Ireland, ENGAGE XR Holdings plc operates globally with significant revenue from North America (35%), the Middle East (28%), the UK, and other regions, serving over 200 organizations including KPMG, Lenovo, HSBC, KIA, PwC, Bank of America, OptimaED, and InspiredED across education, enterprise training, and professional services segments. Recent developments include a strategic refocus on education and training amid post-pandemic enterprise shifts, partnerships with Meta and Lenovo to distribute Meta Quest 3/3S headsets via resellers like TD Synnex, SHI, Insight, and Mace Virtual Labs; major license expansions with OptimaED (sixfold growth to over 3,000 licenses, developing 200+ US curriculum modules) and InspiredED; delivery of its largest deal in Saudi Arabia via PwC in early 2024; launch of AI integrations like School of AI and enterprise training tools; board changes with Karthik Manimozhi as Non-Executive Chairman and Marc Metis as Non-Executive Director (HTC representative) in 2024; and cost-saving restructurings in 2025 to align with recurring revenue growth targets aiming for cash flow breakeven by FY26.