As part of the agreement, Lumeto will provide Wrap with certain technology, services, and perpetual licenses for use within the Wrap Reality virtual simulation platform. Through the Lumeto platform, Wrap can offer a new, cloud-based virtual reality (“VR”) solution to customers. The partnership also includes provisions for additional services, resources and capabilities that Wrap has expanded to support its growth in legal and regulatory VR learning modules.
Wrap plans to significantly accelerate development of its cloud-based VR training platform to complement its existing Wrap Reality system. This new cloud offering provides flexibility and rapid development of additional training features and an improved hardware package for customers in the law enforcement industry. The Company will continue to provide and develop its Wrap Reality training platform used by law enforcement and corrections agencies today.
“We look forward to partnering with Lumeto to bring our world-class VR training capabilities onto a scalable, flexible, cloud-based platform,” said TJ Kennedy, CEO o
“We are excited that Wrap is using our technology to extend their Wrap Reality VR training platform,” said Lumeto CEO.
About Wrap Reality
Wrap’s BolaWrap® The remote stop is a patented, handheld front-climbing and shock-absorbing Kevlar release device.® arrest the unsuspecting and vulnerable from afar. Through widespread use and growing use by businesses around the world, BolaWrap is proving to be a useful tool to help law enforcement keep people safe without injury or the need to use high levels of force.
Wrap Reality, the Company’s virtual reality training system, is a full-scale training simulator and public safety training platform that provides first responders with discipline and training in methods of de-escalation, decision making fighting, and using force to do good. the school.
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