Companies

Waterford-based Engage XR reports ‘strong’ start to 2023 as revenue jumps 40%

The company expects to have AI client offerings later this year, ‘which will completely transform how users communicate, interact and build within the metaverse’

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

Engage XR, the Waterford-based virtual reality company, has said trading for the first three months of this year has been in line with the board’s expectations, with “strong revenue growth”.

Revenue in quarter one this year is up almost 40 per cent compared to the same period last year, according to a trading update from the company.

The group said it has witnessed “positive” interaction with business customers following the successful introduction of Engage Link, ...