The Glimpse Group Partners With A NYC Higher Education Institution To Provide Local LLM Infrastructure Customized For Immersive AI

Rhea-AI Summary

The Glimpse Group (NASDAQ:VRAR) announced a six-figure contract with a New York City higher education institution to design, deploy and integrate a local Large Language Model (LLM) infrastructure.

The LLM environment will be specifically configured to run Foretell AI inside immersive and spatial computing applications and will be used across campus and community systems and programs. The company said the work supports natural interactions with AI-driven non-human virtual characters inside immersive experiences.

Market Reality Check

$0.9710 Last Close

Volume Volume 172,208 versus 20-day average 101,045 (relative volume 1.7x) ahead of the partnership news. high

Technical Price at $0.9401, trading below 200-day MA of $1.36 and near the 52-week low of $0.9362.

Peers on Argus

Several software/AI peers were also down: CSAI -5.36%, DVLT -9.22%, INTZ -11.03%, MSAI -18.35%, MOGO -4.35%, broadly matching VRAR’s negative pre-news move of -7.83%.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 13	Q1 FY26 earnings	Negative	-6.5%	Weak Q1 FY26 revenue, higher EBITDA loss, and softer top-line trends.
Nov 07	Earnings date notice	Neutral	+0.8%	Announcement of Q1 FY26 earnings release timing and conference call.
Oct 27	Spin-off initiative	Positive	+5.7%	Launch of IPO/spin-off process for Brightline Interactive to unlock value.
Sep 30	FY25 results	Positive	-9.4%	Strong FY25 growth, improved cash flow, and major government contracts.
Sep 24	VR mental health study	Positive	+3.7%	Positive pilot study results using VR for teen mental health therapy.

Pattern Detected

VRAR often sees selling pressure around financial results, while strategic/partnership announcements tend to draw more supportive or positive reactions.

Recent Company History

Over the past few months, VRAR has mixed market reactions to news. Fiscal 2025 results on Sep 30 highlighted $10.5M revenue and strong cash but the stock fell 9.39%. Q1 FY26 results on Nov 13 showed a 43% revenue decline and the stock dropped 6.52%. By contrast, the Brightline Interactive IPO/spin-off initiative on Oct 27 and a teen mental-health VR partnership on Sep 24 triggered gains of 5.66% and 3.7%, respectively, underscoring better reception for strategic and partnership news.

Regulatory & Risk Context

Active S-3 Shelf Registration 2025-11-21

$100,000,000 registered capacity

An effective S-3 shelf filed on Nov 21, 2025 allows VRAR to offer up to $100,000,000 of various securities, including an ATM program for up to $3,502,910 of common stock. As of the provided data, usage_count is 0, meaning no takedowns have been recorded under this shelf.

Market Pulse Summary

This announcement highlights a six-figure contract with a New York higher education institution to deploy local LLM infrastructure tailored for immersive AI, integrating Foretell AI into campus and community environments. It reinforces VRAR’s positioning in Immersive Technology, Spatial Computing and AI. In context of recent earnings volatility and the newly filed $100,000,000 S-3 shelf, investors may watch how such enterprise contracts scale and how management balances growth with potential capital raises.

Key Terms

large language model technical

"for the design, deployment and integration of a local Large Language Model ("LLM") infrastructure"

A large language model is a computer system trained on vast amounts of text to understand and generate human-like writing, like a very well-read virtual assistant that can summarize, draft, translate, or answer questions. Investors care because it can change how businesses operate and compete—boosting productivity, cutting costs, or enabling new products—while also creating risks around accuracy, regulation, and security that can affect revenue and valuation.

spatial computing technical

"providing enterprise-focused Immersive Technology, Spatial Computing and Artificial Intelligence ("AI")"

Spatial computing is the set of technologies that lets computers understand, map and interact with the physical world so digital content can be placed and controlled in real space—think of it as a layer of digital information that sits on top of your surroundings like a smart map you can touch and walk through. Investors care because it creates new products, services and sales channels across hardware, software and services, and can transform how people work, shop and consume media, opening potential for sustained revenue growth.

immersive technology technical

"a diversified Immersive Technology platform company providing enterprise-focused Immersive Technology"

Immersive technology uses tools like virtual reality, augmented reality and related sensory systems to create or overlay lifelike digital experiences that feel like stepping into a movie or seeing information painted onto the real world. Investors care because these systems open new markets for hardware, software and services, can change how consumers and businesses interact with products, and often require significant upfront capital and ecosystem partnerships before returning profits — making adoption and monetization the key risk/reward factors.

AI-generated analysis. Not financial advice.

NEW YORK, NY / ACCESS Newswire / December 16, 2025 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR), a diversified Immersive Technology platform company providing enterprise-focused Immersive Technology, Spatial Computing and Artificial Intelligence ("AI") driven software and services, announced today that it entered into a six figure contract with a NYC based higher education institution for the design, deployment and integration of a local Large Language Model ("LLM") infrastructure, specifically configured to run Foretell AI in Immersive environments that will be utilized across a variety of campus and community systems and programs.

Lyron Bentovim, President and CEO of Glimpse, commented: "This partnership further demonstrates our ability to seamlessly integrate AI with our Immersive platforms, enabling powerful natural interactions with smart AI non-human virtual characters in Immersive environments."

About The Glimpse Group, Inc.

The Glimpse Group (NASDAQ:VRAR) is a diversified Immersive technology platform company, providing enterprise-focused Immersive Technology, Spatial Computing and AI driven software & services. Glimpse's unique business model builds scale and a robust ecosystem, while simultaneously providing investors an opportunity to invest directly into this emerging industry via a diversified platform. For more information on The Glimpse Group, please visit www.theglimpsegroup.com

Safe Harbor Statement

This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (the "Securities Act"), and shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act and other applicable securities laws. This press release may contain certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements, if provided, are based on information available to the Company as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business. Forward-looking statements, if provided, include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "view," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts, if provided, are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, any forecasts, if provided, are entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Company Contact:

Maydan Rothblum
CFO & COO
The Glimpse Group, Inc.
(917) 292-2685
maydan@theglimpsegroup.com

SOURCE: The Glimpse Group, Inc.

View the original press release on ACCESS Newswire

FAQ

What did Glimpse Group (VRAR) announce on December 16, 2025?

Glimpse Group announced a six-figure contract with a NYC higher education institution to build a local LLM infrastructure for immersive Foretell AI applications.

How will the LLM infrastructure for Foretell AI be used by the NYC institution?

The infrastructure will run Foretell AI in immersive environments for use across a variety of campus and community systems and programs.

Does the Glimpse Group (VRAR) deal involve cloud or local deployment?

The announcement specifies a local LLM infrastructure deployment configured to run Foretell AI in immersive settings.

Who at Glimpse Group commented on the partnership with the NYC institution?

Lyron Bentovim, President and CEO of Glimpse Group, commented that the partnership demonstrates integration of AI with the company's immersive platforms.

Will the Glimpse Group (VRAR) solution support interactive virtual characters?

Yes; the LLM setup is described as enabling powerful natural interactions with AI non-human virtual characters inside immersive experiences.

Is the contract size disclosed for the Glimpse Group (VRAR) partnership?

The company described the agreement as a six-figure contract but did not disclose a specific dollar amount.