zSpace, Inc.

Our Company is a leading provider of augmented reality (AR) and virtual reality (VR) educational technology products. The company focuses on United States K-12 schools, the Career & Technical Education (CTE) sector, and select international markets. Its proprietary hardware and software platform delivers an interactive, stereoscopic three-dimensional (3D) learning experience to users without the need for VR goggles or specialty glasses. These hands-on "learning by doing" products are designed to enhance the learning process and drive higher student test scores, as evidenced by a 2021 study published in the Journal of Computer Assisted Learning. The platform allows students and teachers to experience classroom learning that might otherwise be dangerous, impossible, counterproductive, or expensive with traditional methods. The platform offers a broad range of educational tools for K-12 science, technology, engineering, and math (STEM) lessons, as well as training for skilled trades in areas like health sciences, automotive engineering/repair, Unity3D ® software programming, and advanced manufacturing. The company sells its products directly to United States school districts for K-12 classrooms and as a career training solution. It also sells to community college customers through a direct sales and support team and regional resellers. Internationally, the company relies exclusively on resellers. Currently, its platform is implemented in more than 3,500 of the approximately 13,000 United States public school districts. The K-12 platform is deployed in over 80% of the largest 100 K-12 public school districts in the United States, measured by student enrollment, and CTE solutions are deployed in approximately 73% of the public school districts served. The company has partnered with over 25 resellers and expanded its customer network into over 50 countries.