philip lelyveld The world of entertainment technology

21Jun/23Off

Improbable to sell off metaverse defence business

... The company’s defence platform, Skyral, is based on the same technology as its metaverse technology, M2, and allows for the creation of complex synthetic environments. Improbable says: “Skyral is field tested and can be hosted and deployed wherever it’s needed, from hyper-scale cloud on sovereign soil to the bandwidth-denied environments of the battlefield.”

Peter Lipka, COO of Improbable, said: “We are very confident that with the support of NOIA, the business is on a great path moving forward to being one of the first new prime contractors in decades in the UK market. Improbable continues to transform to deepen its focus on the metaverse.” ...

See the full story here: https://www.verdict.co.uk/improbable-to-sell-off-unprofitable-metaverse-defence-business/

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