Welcome to our dedicated page for Matterport news (Ticker: MTTR), a resource for investors and traders seeking the latest updates and insights on Matterport stock.
The MTTR news page on Stock Titan aggregates company-related coverage for Matterport, Inc., a spatial data company and pioneer in digital twin technology and spatial data capture. Here, readers can follow announcements about its digital twin platform, AI-powered tools, and its role in the digital transformation of the built world.
Recent Matterport news highlights product releases such as the Fall 2024 "Insights Meets Imagination" release and the 2025 Winter Release, which introduce generative AI capabilities, defurnish tools, Merge functionality for combining multiple scans, advanced tagging, and one-click bill-back processing. These updates are presented by the company as ways to help real estate professionals, contractors, designers, and facilities managers capture, market, and manage spaces more efficiently.
News items also cover Matterport Marketing Cloud, an all-in-one hub that uses the company’s Property Intelligence AI to generate 3D virtual tours, listing photos, videos, AI-generated property descriptions, floor plans, and defurnished tours from a single digital twin. Other articles describe Matterport’s AWS Manufacturing and Industrial Competency and AWS Energy Competency, as well as examples of digital twin use in sectors such as transportation, hospitality, and historical preservation.
In addition, the feed includes financial result announcements, where Matterport reports metrics such as annualized recurring revenue, subscribers, and square feet under management, along with commentary on its strategy and product innovation. A key development covered in the news is CoStar Group, Inc.’s completion of its acquisition of Matterport, which CoStar describes as combining its property data and marketplaces with Matterport’s 3D digital twin technology and AI-powered property insights.
Investors and observers can use this page to review Matterport’s historical and ongoing communications about its technology, product evolution, partnerships, and corporate transactions related to the MTTR ticker.
Matterport, Inc. (Nasdaq: MTTR) has partnered with Gilbane Building Company to implement digital twin technology, achieving 25-30% savings in costs and time during construction projects. The collaboration focuses on an eight-year initiative to improve accessibility across 1,100 banking locations. By utilizing Matterport's tools, Gilbane has reported a reduction of over 1,000 hours in site visits and enhanced remote project management. This strategic approach allows for efficient decision-making and supports various sectors, including corporate and healthcare.
Matterport has launched Matterport Axis, a motorized smartphone mount designed to simplify the creation of 3D digital twins. This device, priced from $79, enhances the Matterport Capture app, enabling users to capture spaces accurately and quickly. Notably, the insurance firm Eberl reported a 15% improvement in claims cycle time and a 200% increase in customer acquisition using digital twins created with Matterport Axis. The product aims to benefit various sectors, allowing businesses to create high-fidelity digital models efficiently.
Matterport, Inc. (Nasdaq: MTTR) is set to host the Matterport Space Jam virtual event on April 28, featuring five app developers showcasing retail solutions that enhance merchandising and e-commerce. The event emphasizes the importance of immersive virtual experiences for retailers. Each developer will present their innovations, including 3D virtual showrooms and integrated marketing tools. This initiative aligns with the shift towards online retail, as noted by Senior Director Stephanie Lin, highlighting the need for businesses to adapt to changing consumer preferences.
Matterport, Inc. (Nasdaq: MTTR) has achieved significant recognition by winning two Comparably awards: Best Company Outlook and Best Places to Work in the San Francisco Bay Area. These awards reflect high employee satisfaction and confidence in the company’s future, based on anonymous ratings from over 15 million employees across 70,000 organizations. The company’s transition to a fully remote work model has enhanced collaboration and work-life balance, boosting its reputation as a desirable workplace. Matterport's focus on maintaining a strong culture during rapid growth is highlighted as essential for its ongoing success.
Matterport, Inc. (Nasdaq: MTTR) has partnered with Damen Shipyards Group to utilize digital twins for enhancing collaboration between designers and customers. This technology improves the approval workflow and construction precision while boosting customer satisfaction. Damen employs Matterport's Pro2 3D cameras to create detailed digital replicas of vessels, allowing remote inspection and modifications. The integration facilitates better planning and a 3D archive that aids in operational efficiency and training as employees transition. This advancement underscores Matterport’s role in driving digital transformation in various industries.
Matterport, Inc. (Nasdaq: MTTR) reports impressive growth for Eberl, a top U.S. insurance adjusting company, which has seen a 200% increase in new customer acquisition and a 15% reduction in claims cycle time after adopting Matterport digital twins. The integration of the Matterport Capture App with Matterport Axis has enabled adjusters to streamline their workflow, leading to faster assessments and improved accuracy. Matterport aims to transform the insurance industry by providing innovative solutions that enhance operational efficiency.
Matterport (Nasdaq: MTTR) collaborates with ID Plans to enhance the commercial real estate sector through digital twins. This technology has enabled property managers to achieve cost savings of up to 65% and significantly shorten leasing times. The ID 360 product integrates Matterport's digital twins to provide immersive property experiences, allowing clients to streamline leasing and property management processes. This partnership demonstrates a growing trend in using digital solutions within the commercial real estate market, particularly in retail and office leasing.
Matterport, Inc. (Nasdaq: MTTR) has announced its strategic expansion into the Brazilian market by partnering with two key distributors, Guandalini Posicionamento and PARS. This alliance aims to offer Matterport's spatial data platform to enterprise customers in the architecture, engineering, and construction sectors. With over 540 million physical spaces in Brazil ripe for digitization, this partnership intends to enhance access to digital twins and boost operational efficiency across industries. The initiative marks a significant milestone for Matterport in capitalizing on a growing demand in Brazil.
Matterport (Nasdaq: MTTR) has announced an integration between its CAPTUR3D platform and Sketchfab, enhancing digital twin capabilities by allowing users to import over 750,000 3D models into their Matterport environments. This collaboration aims to transform digital twins into interactive experiences across various sectors, including real estate and retail. The integration supports both static and animated 3D objects, thereby increasing user engagement and customization possibilities. The initiative reflects Matterport's commitment to leveraging partnerships to advance its digital transformation strategy.
Matterport (Nasdaq: MTTR) partners with AgentRelay and Boost3D to revolutionize real estate through interactive virtual property showings using digital twins. AgentRelay's integration of video conferencing with Matterport allows agents to guide clients through 3D spaces in real-time, enhancing engagement and lead generation. Boost3D's OpenHouse Live enables hosted viewings for up to fifty participants, merging physical and virtual experiences. Overall, these innovations aim to streamline the real estate process and improve customer interactions, showcasing Matterport's leadership in spatial data technology.
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