Immersive Wisdom Secures Strategic Investment from In-Q-Tel to Scale its Virtual and Augmented Reality Collaboration and Intelligence Platform

BOCA RATON, Fla., Dec. 11, 2018 /PRNewswire/ -- Immersive Wisdom Inc., provider of a next-generation collaboration and real-time intelligence platform for virtual and augmented reality, today announced a strategic partnership with and investment from In-Q-Tel, Inc. (IQT), the not-for-profit strategic investor that identifies and accelerates the development of cutting-edge technologies to support the missions of U.S. government agencies.

Regardless of their geographic location, Immersive Wisdom enables multiple users to work together in shared virtual workspaces and use live 3D maps, providing instant access to relevant real-time information from any available source. Users can simultaneously visualize, fuse, and act upon sensor inputs, cyber/network data, IoT feeds, enterprise applications, telemetry, tagged assets, 3D building models, LiDAR, imagery, and UAV footage/streaming video. This provides an omniscient, collaborative, 3D single pane of glass for complex environments.

Applications of Immersive Wisdom include Virtual Tactical Operations Centers, Virtual Cyber Security Operations Centers, distributed mission planning, intelligence analysis, intelligence, surveillance, and reconnaissance (ISR), real-time battlespace situational awareness, smart city decision support, and logistics/supply-chain intelligence.

"Immersive Wisdom is privileged to be a part of the IQT portfolio, and we are grateful to have their validation of the multitude of critical ways that our real-time collaboration workspace and intelligence platform can serve diverse national security missions," said Mike Appelbaum, CEO of Immersive Wisdom Inc. "Our IQT partnership will help us much more quickly fulfill the broad demand for Immersive Wisdom's software platform."

"Immersive Wisdom's real-time collaboration platform will dramatically improve how our government partners can operate across a wide-range of areas, including ISR, cyber, and analysis," said Megan Anderson, SVP, IQT. "Allowing multiple users to be anywhere in the world, while still being connected via the same virtual space containing shared maps, video feeds, and real-time data, offers a significant new edge."

About Immersive Wisdom

Immersive Wisdom Inc., based in Boca Raton, Florida, is the creator of the Immersive Wisdom platform, a dynamic Virtual, Mixed, and Augmented Reality-based software platform for real-time collaboration, information analysis, and situational awareness. Immersive Wisdom's platform is available for diverse industries, including Government, Energy (incl. Oil & Gas), Transportation/Logistics, and Telecommunications. Additional information on Immersive Wisdom's other successes, including our work with the U.S. Army and U.S. Air Force, can be found under the News section at www.immersivewisdom.com.

Immersive Wisdom is a registered trademark of Immersive Wisdom Inc.

About In-Q-Tel

In-Q-Tel (IQT) is the not-for-profit strategic investor that accelerates the development and delivery of cutting-edge technologies to U.S. government agencies that keep our nation safe. IQT was established in 1999 with a distinct mission: to identify and partner with startup companies developing innovative technologies that protect and preserve our nation's security. Visit www.iqt.org for more information.

CONTACT: Michael Appelbaum, (561) 962-1147

SOURCE Immersive Wisdom Inc.