Latest news with #E6Apex
Business Insider
16 hours ago
- Business
- Business Insider
TruGolf Announces Acquisition of mlSpatial
Salt Lake City, Utah, June 11, 2025 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, has announced that it has executed a definitive agreement to acquire mlSpatial, a renowned AI and machine learning engineering firm. This strategic acquisition aims to advance the integration of artificial intelligence within TruGolf's industry-leading products, including the Apogee Launch Monitor, Launchbox, Multisport Arcade, and E6 Apex. The collaboration between TruGolf and mlSpatial began in March 2024 with a licensing agreement to co-develop an AI engine enhancing the 9-axis spin accuracy of TruGolf's Apogee Launch Monitor. Building upon this successful partnership, the full acquisition of mlSpatial will enable TruGolf to seamlessly incorporate advanced AI technologies across its entire product suite, delivering unparalleled user experiences, training suggestions, and player insights. 'We are very excited to bring mlSpatial and its AI and machine learning technology into the TruGolf family,' said Chris Jones, TruGolf CEO. He continued, 'Acquiring mlSpatial marks a significant milestone in our commitment to revolutionize golf simulation through cutting-edge AI integration. This acquisition empowers us to explore innovative applications of AI across our ecosystem, enhancing realism and interactivity for our users while lowering development costs.' Josh Pomazal, founder of mlSpatial, expressed enthusiasm about the acquisition: "We're excited to leverage TruGolf's extensive real-time data, collected daily, to continually refine our products with the advanced machine learning and AI models we've developed over the years." This acquisition solidifies our deep commitment to innovation and aligns with the broader industry trend of significant investments in AI infrastructure. Notably, in January 2025, President Donald Trump announced a private-sector initiative, the Stargate Project, aiming to invest up to $500 billion in AI infrastructure within the United States. This substantial investment underscores the rapid progress and importance of AI technologies across various sectors. TruGolf's acquisition of mlSpatial positions the company at the forefront of AI-driven innovation in golf simulation, promising enhanced performance and immersive experiences for enthusiasts worldwide. For more information, please visit About TruGolf Holdings TruGolf is a golf technology company, committed to making golf, easy. From innovative uses for AI to build content and enhance its image and spatial analysis, to gamified golf improvement plans, TruGolf is an industry leader in the growing technological revolution in the sport of golf. Since its founding, TruGolf has redefined what is possible in golf through technology. TruGolf's suite of Hardware, Software, and Web Products make it easier to Play, Improve, and Enjoy the game of golf. Forward-Looking Statements Some of the statements in this release are forward-looking statements, which involve risks and uncertainties. Forward-looking statements include, without limitation, whether the Company's compliance plan will be accepted by Nasdaq and the Company's expected future cash needs. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ''believes,'' ''estimates,'' ''anticipates,'' ''expects,'' ''plans,'' ''projects,'' ''intends,'' ''potential,'' ''may,'' ''could,'' ''might,'' ''will,'' ''should,'' ''approximately'' or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading "Risk Factors" in the Company's Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC's website,
Yahoo
09-04-2025
- Entertainment
- Yahoo
COMPETE AGAINST LEGENDS: DIGITAL LEGENDS and TRUGOLF BRING GOLF ICONS TO LIFE
Augusta, GA., April 09, 2025 (GLOBE NEWSWIRE) -- Remember the rush you felt hoisting your first trophy or watching your golf hero secure their first tour win. Now imagine feeling a similar rush if you could challenge, and maybe even beat, Mr. Ben Hogan in his prime at any of today's best golf courses? Imagine he's not just here to compete, but to talk with you as you play, look at your swing and maybe offer some advice on that stubborn fantasy becomes reality this fall. Ben had some thoughts earlier today in Augusta: Click here to see and hear Ben Hogan. TruGolf and Digital Legends have joined forces to create the ultimate simulator experience. This groundbreaking partnership allows golfers of all skill levels to tee off against the greatest legends in golf history—starting with the legendary Ben Hogan in his prime form. "This isn't just another golf simulation—it's a time portal to legendary golfers' golden eras," says Nathan Larsen, Chief Experience Officer at TruGolf. "Imagine analyzing your golf swing against Ben Hogan, hearing his voice improve your game, then testing your skills against Mr. Hogan at any of the courses he mastered. That's the once impossible experience we're bringing to golfers everywhere." Built on TruGolf's renowned E6 Apex platform, this revolution in golf simulation uses cutting-edge AI to recreate golf legends with stunning accuracy. Every signature swing, strategic approach, and playing style are meticulously revealed. "When I first saw today's most advanced technology bring Ben Hogan back to digital life, I was speechless," says Christian Tureaud, Co-Founder and CEO of Digital Legends. "The visual quality and AI-driven realism create an experience that's beyond immersive—it's like having these legends right there with you."Bryan Johnston, Board Member of Digital Legends, adds: "We're erasing the barriers of time. Whether you want to learn from legends of yesterday or superstars of today, this partnership makes that possible for both home users and commercial venues. While Mr. Hogan is our first signed athlete we can announce, it's only the beginning of what today's golfers can expect.' The technology will make its public debut at Augusta this week, with the full release scheduled for fall 2025. Golf enthusiasts can expect: Realistic challenges against legendary players at their peak Tournaments with you in the lineup against golf's greatest competitors AI-powered coaching from golf's sharpest minds and technicians Revolutionary commentary systems that respond to your game Era is no longer a barrier. History is no longer just for books. Golf's greatest legends are ready for your challenge. Contact: Bryan Johnston Bryan@ 516-301-8174 About TruGolf TruGolf is a golf technology company, committed to making golf, easy. From innovative uses for AI to build content and enhanced image and spatial analysis, to gamified golf improvement plans, TruGolf is an industry leader in the growing technological revolution in the sport of golf. Since TruGolf's founding it has redefined what is possible with golf through technology. TruGolf's suite of Hardware, Software, and Web Products make the game easier to Play, Improve and Enjoy. About Digital Legends Digital Legends is a sports & entertainment technology company driven by proprietary intellectual property. The company has secured and continues to expand on an IP portfolio that consists of multiple granted and pending patents, trademarks in a wide variety of classes. Digital Legends develops and deploys a diverse portfolio of Digital Legends that may be deceased, retired or active in Sports, Music, Lifestyle and assimilate them into today's marketplace in 'their prime'. Our Digital Legends compete and interact in real-time against living humans within multiple verticals and environments such as simulators, location-based entertainment experiences, made for television live-events, eSports & Mobile Apps, Gaming platforms, Metaverse, Augmented and Virtual environments and in to access your portfolio
