Matterport Inc Stock Price, News & Analysis

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.

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.

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.

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.

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.

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.

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.

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.

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.