Tech

Engage XR forecasts sales of almost €4m for 2023 as it aims to be cashflow positive next year

The Waterford-based tech company develops metaverse technology for clients including HSBC, Kia and Pfizer

David Whelan, chief executive, and Sandra Whelan, chief operating officer, of Engage XR. Picture: Shane O'Neill

Engage XR, a Waterford-based tech company, is on track to deliver full year sales of close to €4 million for 2023 as it continues to build out its business.

In a trading update issued to investors on Tuesday, Engage XR, which develops metaverse technology for clients including HSBC, Kia and Pfizer, said the past 12 months had seen significant change in the company as it sought to build recurring revenues in its engage platform.

The ...