T-Mobile expands Accelerator program by creating 5G AR experiences for smart glasses | Your money

BELLEVUE, Wash.–(BUSINESS WIRE)–August 26, 2022–

T-Mobile (NASDAQ: TMUS) today announced that three new companies have joined its Accelerator program. Aiming to transform industries such as gaming, retail and shopping, the new entrants will work alongside other developers and entrepreneurs to create immersive experiences for augmented reality (AR) smart glasses using T-Mobile 5G, America’s largest, fastest and most reliable 5G network. and the Snapdragon Spaces™ XR development platform.

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Foundry Six (Los Angeles, CA): With AREALM from Foundry Six, you can turn your next hike with friends into an epic adventure! (Graphic: Business Wire)

The three new T-Mobile Accelerator participants include:

  • Foundry Six(Los Angeles, CA): With AREALM from Foundry Six, you can turn your next hike with friends into an epic adventure! This role-playing metaverse lets players experience all of their favorite real-world gameplay. Join player-versus-environment, player-versus-player, crafting, and dungeon-crawling encounters powered by augmented reality technology.
  • Stops(Tel Aviv, Israel):Stops is a location-based platform that helps businesses and influencers securely share their locations with their customers/followers across the metaverse. As a result, people can now experience nearby product content and locations through augmented reality whenever they stop by.
  • we r(New York, New York): weR is a deep technology company that provides an Augmented Reality/Artificial Intelligence platform to monetize and optimize retail spaces.

“5G and augmented reality have the potential to transform gaming, education, training, the way we communicate and more,” said John Saw, executive vice president of advanced and emerging technologies at T- Mobile. “With the T-Mobile Accelerator, we’re partnering with the brightest developers and entrepreneurs to advance the 5G ecosystem and bring groundbreaking new applications powered by 5G to life.”

As North America’s premier 5G launch partner for Snapdragon Spaces, T-Mobile Accelerator is working to fuel 5G innovation for AR smart glasses by leveraging heads-up displays, spatial awareness, and vision by computer in all sectors. Participants work directly with T-Mobile engineers and business leaders while using Lenovo ThinkReality A3 augmented reality smart glasses – the first device to support Snapdragon Spaces. Experts from Qualcomm Technologies, Inc. will also provide support for solutions built on the Snapdragon Spaces platform.

This incoming group is preceded by other participants including Beem, Krikey, Mawari, Mohx-Games, Pluto and VictoryXR. T-Mobile is also currently accepting applications from developers interested in creating immersive 5G experiences for AR glasses on Snapdragon Spaces.

Industry analyst firm GlobalData1 estimates that the AR and VR market will grow nearly 20-fold over the 10-year period between 2020 and 2030. Because augmented reality provides more accessible services, including ease of use via web services or smartphones (as opposed to bulkier virtual reality headsets), the augmented reality market has an advantage over the virtual reality market, according to GlobalData.

T-Mobile 5G, an innovation platform

T-Mobile Accelerator serves as a hub to spur ideas, innovation and action. Focused on collaborative experiences for growth, it offers year-round programming and activities, including entrepreneurial and tech community engagements, expert speakers, and mentorship sessions. Since its inception, the T-Mobile Accelerator has worked with 80 startups that have raised a total of over $190 million with 78% of former companies still in business today.

Follow T-Mobile’s official Twitter newsroom @TMobileNews to stay up to date with the latest company news.

Snapdragon and Snapdragon Spaces are trademarks or registered trademarks of Qualcomm Incorporated.

Snapdragon Spaces is a product of Qualcomm Technologies, Inc. and/or its affiliates.

5G: Coverage not available in some areas. Some uses may require a specific plan or feature; see T-Mobile.com. The fastest: Based on median and overall 5G speeds combined as per Ookla® analysis of Speedtest Intelligence® 5G data download speeds for Q2 2022. Ookla trademarks used under license and reprinted with permission . The most reliable: According to an audit report by an independent third-party umlaut containing crowdsourced data for user experience, including task completion collected from November 2021 to May 2022. Full details at: www.umlaut.com/en /benchmarking/USA.

About T-Mobile US, Inc.

T-Mobile US Inc. (NASDAQ: TMUS) is America’s supercharged carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will deliver reliable connectivity for everyone. T-Mobile customers benefit from its unmatched combination of value and quality, its unwavering obsession with giving them the best possible service experience, and its unmistakable drive for disruption that creates competition and innovation in the wireless. thread and beyond. Headquartered in Bellevue, Washington, T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Sprint. For more information, visit: https://www.t-mobile.com.

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KEYWORD: WASHINGTON CALIFORNIA NEW YORK UNITED STATES NORTH AMERICA ISRAEL MIDDLE EAST

INDUSTRY KEYWORD: METAVERSE SOFTWARE MOBILE/WIRELESS ENTERTAINMENT OTHER RETAIL HARDWARE 5G CONSUMER ELECTRONICS TECHNOLOGY RETAIL WEARABLE APPAREL/MOBILE TECHNOLOGY ELECTRONIC GAMES

SOURCE: T-Mobile US Inc.

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PUBLICATION: 08/26/2022 09:14 / DISK: 08/26/2022 09:14

http://www.businesswire.com/news/home/20220826005235/en

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Ryan H. Bowman