Press Releases

XMReality signs new client deal with Kloppenberg

XMReality signs new client deal with Kloppenberg

XMReality has added Kloppenberg, a subsidiary of the Middleby Corporation, to its growing clientele. This collaboration further solidifies XMReality's position as a trusted partner for delivering cutting-edge remote support services to the food service manufacturing industry in the United States

XMReality AB appoints Frida Finér as new CFO

XMReality AB appoints Frida Finér as new CFO

Frida Finér will assume the position of CFO at XMReality AB on April 2, 2024, as the current CFO, Lotta Ekerbring, retires. With substantial experience in finance and international collaboration, amongst others with the United States, Frida will be an asset to the company's ongoing international growth

XMReality's CFO retires

XMReality's CFO retires

XMReality AB (publ) informs today that the company's CFO, Lotta Ekerbring, has announced her intention to retire. Lotta Ekerbring has been CFO at XMReality since 2022 and will leave her position in the spring of 2024. The company is now starting the process of finding a successor

Updated strategy drives customer growth and cost reductions at XMReality

Updated strategy drives customer growth and cost reductions at XMReality

2023 has been a year of record strong customer growth for XMReality as a result of an adjusted sales strategy, and the company has recently implemented several cost savings totaling SEK 20 million on an annual basis. The strategy adjustment and the associated cost reduction aim to reach the goal of positive cash flow in 2024

XMReality continues to increase its customer base in the US with Follett Products as the latest addition

XMReality continues to increase its customer base in the US with Follett Products as the latest addition

XMReality continues its growth in the US market, having increased the number of US customers by more than 160 percent so far this year. The latest addition is Follett Products, LLC, a distinguished provider of ice and beverage dispensing solutions, as well as medical-grade refrigerators and freezers for the foodservice and healthcare sectors. Follett Products has introduced XMReality's Remote Guidance™ software into its operations to deliver cutting-edge support to its customer base

XMReality selected by Freudenberg e-Power Systems

XMReality selected by Freudenberg e-Power Systems

Freudenberg e-Power Systems, a global leader in the development and production of emission-neutral energy systems for heavy-duty applications, has started to use XMReality for field service operations. Freudenberg is dedicated to providing energy systems contributing to a sustainable and clean future, and with XMReality Remote Guidance they are making field service operations more sustainable through less travel

XMReality has resolved on a directed share issue of approximately SEK 5.95 million at a subscription price of SEK 0.43

XMReality has resolved on a directed share issue of approximately SEK 5.95 million at a subscription price of SEK 0.43

The Board of Directors of XMReality AB (publ) (“XMReality” or the “Company”) has, with authorization from the annual general meeting held on May 4, 2023, resolved on a directed share issue of 13 834 884 shares at a subscription price of SEK 0.43 per share to Investment AB Spiltan, Rotakorn Electronics Holding AB, Rambas AB and certain other existing well-capitalized and reputable shareholders (the “Directed Share Issue”). Through the Directed Share Issue, XMReality will be provided with approximately SEK 5.95 million before transaction costs