Bilbao, Spain, December 15 - The Basque Government has awarded Virtualware (EPA: MLVIR) a 1.5 million euro contract to create and install 12 multi-user virtual reality rooms in vocational training centers across this Spanish region.
The contract was published on the Basque Public Procurement Platform on Dec 14. It is part of the Basque Government's strategy to integrate immersive technologies into education, preparing students for future jobs.
Based on Virtualware's proprietary VIROO platform, the same used by major companies such as GE Hitachi and ADIF, these VR Rooms will enable interactive, cost-effective, and secure learning experiences while helping to connect in collaborative virtual environments.
The easy-to-use platform allows teachers and students to create, manage, and deploy virtual reality learning resources quickly and easily.
With this new contract, a total of 34 vocational training centres across the whole of Spain will now be equipped with the VIROO platform, setting the standard for this type of technology in education.
The initiative places the Basque Country at the forefront of implementing advanced educational technologies.
Virtualware has pioneered the development of virtual reality solutions for large industrial, educational, and healthcare organizations. Since it was founded in 2004, the company has received a wide range of recognition for its achievements. In 2021, Virtualware was recognized as the world's most innovative VR company.
More than 40 companies and institutions worldwide, including Gestamp, Invest Windsor Essex, McMaster University, the University of El Salvador, and EAN University, are already using the company's VR as a service platform. The Enterprise VR platform has been the backbone for developing strategic defense projects, critical infrastructure training, and innovative education programs.
It is headquartered in Bilbao, Spain, and has offices in Hamilton, Ontario, Canada. Its shares have been listed on Euronext since April 2023 under the ticker MLVIR.
