If you don’t know what Augmented Reality (AR) is, this quote from Apple CEO Tim Cook is all the motivation you need to get up to speed:
“AR Will play an important role in how we use technology in the future – and promises to be as influential in our society as the smart phoneâ€
 AR is essentially a technology that lays digital images and graphics over the real world.   As the name implies, Imagine AR (IP:CSE) is an Augmented Reality Company that enables businesses to create their own mobile phone AR campaigns with no programming or technology experience. More than just lip service, the Company recently signed a 5-year $300,000 deal with SlapItOn to provide AR for athletes and celebrities to engage fans. SlapItOn is owned by elite athletes including the likes of Troy Aikman, Mike Modano and Johnny Damon. Founder & CEO Mike Vanderjagt stated: Â
“ImagineARTM is the most advanced augmented reality mobile platform in the marketplace today. By integrating ImagineARTM with hi-tech vinyl decals, we will be launching our new SlapItOn Interactive product line featuring social media leaders in sports & entertainment globally.”
If Athletes know a winner when they see one, Imagine AR (IP:CSE) is the Augmented Reality company that allows small cap investors to participate in the growth of the space, which IP says is projected to grow ~ 2,000% in the next 4 years …. that is not a typo!
IP is not a one trick pony either. They started commercializing their mobile Augmented Reality Platform long before this deal with SlapItOn. Clients include:
- NBA Sacramento Kings
- Mall Of America
- AT&T Shape
- Basketball Hall Of Fame
- ….. more
As a result, ImagineAR is now well positioned to further commercialize and capitalize on massive demand for Augmented Reality If our interview with CEO Alen Paul Silverrstieen is any indication, it sounds like the Company’s growth is all but assured in 2020.
Watch this interview or listen by Podcast on Apple, Google, Spotify or your favourite podcaster.
Tags: AR, augmented reality, SlapItOn, small cap, stocks, tsx, tsx-v