Operator XR has entered into a Memorandum of Understanding (MoU) with Thales Australia to jointly pursue defence, security and law enforcement training and simulation programs in which either party may lead.
Under the MOU, the parties may conduct joint business development, including tender responses, customer engagements and capability demonstrations, to develop competitive offerings for defence, security and law enforcement customers.
“This is a genuine two-way collaboration with a global defence prime. It opens a path to programs of a scale that would be difficult to reach on our own and equally allows us to bring Thales’s capability into opportunities we lead. It is a strong endorsement of our technology, and we look forward to pursuing these opportunities together," xReality Group, Chief Commercial Officer, Ben Smith, stated.
The relationship is two-way. On Thales-led opportunities, Operator XR’s in-service training technology can reach programs of a scale beyond its current direct footprint. On Operator XR-led opportunities, Thales can contribute as a supplier or subcontractor. Each party may act as prime contractor or supplier to the other, depending on the opportunity.