Foresight Group has invested £3 million in Aircards Ltd to enhance its immersive technology products and support its growth strategies.

Information on the Target

Aircards Ltd, established in Newcastle in 2020, specializes in immersive technology, offering comprehensive solutions in both software development and physical fabrication. With a team of 32 full-time employees, Aircards has positioned itself as a leader in providing immersive experiences for a variety of blue-chip clients. Its notable products include Invisionary, an interactive display system designed for next-generation digital signage, and Metalitix, a sophisticated data analytics tool.

The company has experienced remarkable growth since its inception, prompting the need for collaboration with a partner to enhance operations and drive technological advancements. The £3.0 million investment from Foresight Group is anticipated to increase the workforce by 30% in the coming years, supporting Aircards’ ambitious expansion plans.

Industry Overview in the Target’s Specific Country

The immersive technology industry in the UK is a rapidly evolving sector, characterized by innovative advancements and increasing applications across various fields. With the rise of virtual and augmented reality technologies, businesses are harness