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Matterport Inc Stock Price, News & Analysis

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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.

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Matterport announces that its Pro2 cameras for creating digital twins are now available for quick purchase via Amazon’s 1-Click ordering and Prime delivery in the UK, France, Italy, and Spain. This expansion enhances consumer access to Matterport’s technology, which transforms buildings into immersive, digital experiences. The Pro2 camera captures 3D data and 4K HDR images, aiding various sectors, including real estate and construction. With faster shipping and easy returns through Amazon, Matterport aims to reach new customers effectively.

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Matterport, a leader in spatial data technology, has partnered with Superyacht Creative to enhance sales in the luxury superyacht industry through photorealistic 3D digital twins. This collaboration allows superyacht builders and owners to showcase vessels effectively, resulting in quicker sales. The integration of 3D digital twins provides buyers with immersive experiences, streamlining the purchasing process and improving visibility. Companies utilizing this technology report increased operational efficiency and the ability to meet rising demand, showcasing Matterport's growing influence beyond real estate.

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Matterport, Inc. (Nasdaq: MTTR) has appointed Seth Finkel as VP of Public Sector to enhance its strategy and revenue growth in government markets. With over 25 years of experience, Finkel will lead Matterport's initiative to digitize U.S. government facilities using its advanced 3D capture technology. The company is also developing a Government Cloud (GovCloud) to meet regulatory requirements. This move aims to provide government agencies with secure, immersive digital solutions that facilitate operational efficiency and enhance public service delivery.

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Matterport, Inc. (Nasdaq: MTTR) is expanding its Capture Services On-Demand to 22 new cities across the U.S. and four in the U.K., totaling 51 U.S. cities. This service allows quick scheduling of trained technicians to create 3D digital twins of properties, enhancing workflow efficiency for various industries. Customers report significant benefits, including faster property listings and improved engagement. Pricing transparency and easy scheduling are key features, driving demand for the service.

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Matterport, Inc. (Nasdaq: MTTR) has partnered with In-Q-Tel to develop a compliant Government Cloud (GovCloud) offering, targeting federal agencies such as the Department of Defense and FEMA. The partnership aims to enhance the adoption of Matterport's spatial data technology for applications across various government sectors, improving emergency response and infrastructure management. The company will utilize AWS GovCloud to ensure compliance with strict security standards, enabling federal agencies to digitize critical assets. This development opens up new use cases and strengthens Matterport’s position in the public sector.

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Matterport, Inc. (Nasdaq: MTTR) announced a strategic partnership with In-Q-Tel to develop a compliant Government Cloud (GovCloud) offering aimed at federal agencies. This collaboration facilitates the adoption of Matterport's technology for diverse applications, enhancing the security and operational capabilities of agencies like the Department of Defense and FEMA. By digitizing assets such as infrastructure and critical facilities, Matterport aims to provide federal agencies with immersive 3D digital twins, improving emergency response and operational efficiency. The platform will comply with rigorous cybersecurity standards.

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Matterport, Inc. (Nasdaq: MTTR) has launched an open beta for Notes, a real-time collaboration tool integrated into Matterport digital twins, designed to enhance productivity for teams. This innovative tool allows users to communicate, share files, and manage tasks directly within 3D spaces, benefiting various sectors, including residential and commercial real estate, architecture, and retail. The launch aims to streamline workflows and improve decision-making across remote locations, ultimately driving efficiency and collaboration among stakeholders.

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Matterport, Inc. (Nasdaq: MTTR) has announced its participation in two virtual investor conferences. The Deutsche Bank Technology Conference is scheduled for September 9, 2021, at 3:50 p.m. EDT, while the Piper Sandler Global Technology Conference will take place on September 13, 2021. Both presentations will be webcast live and archived on Matterport's investor relations website. Matterport specializes in turning physical spaces into digital twins, enhancing the value and accessibility of buildings worldwide.

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Rhea-AI Summary

Matterport launched TruePlan for Xactimate, enabling insurance professionals to create editable 3D diagrams swiftly, enhancing operational efficiency. This integration allows users to order a TruePlan from 3D models with one click, streamlining claims processing. TruePlan has garnered recognition, winning the 2021 Contractor’s Choice Award for Product of the Year. The collaboration aims to improve customer satisfaction by reducing estimation time, costs, and increasing productivity, positioning Matterport favorably in the insurance and restoration sectors.

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Matterport TruePlan for Xactimate enhances the efficiency of insurance claims by allowing property professionals to generate 3-D sketches with a single click. This integration with Verisk’s Xactimate enables immediate access to editable digital diagrams of loss sites, streamlining what was once a manual process. TruePlan won the 2021 Contractor’s Choice Award for Product of the Year. This collaboration not only reduces time-consuming tasks but also helps improve customer satisfaction ratings and operational costs, ultimately benefiting insurers and contractors alike.

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FAQ

What is the current stock price of Matterport (MTTR)?

The current stock price of Matterport (MTTR) is $5.38 as of March 3, 2025.

What is the market cap of Matterport (MTTR)?

The market cap of Matterport (MTTR) is approximately 1.8B.
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