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BELLEVUE, Washington–(BUSINESS WIRE)–Aug 26, 2022–

T-Mobile (NASDAQ: TMUS) today announced that three new companies have joined the Accelerator program. With the aim of transforming industries such as gaming, retail and shopping, the new participants will collaborate with other developers and entrepreneurs to build immersive experiences for Augmented Reality (AR) smart glasses using T-Mobile 5G – the largest, fastest and most America’s reliable 5G network – and Snapdragon Spaces™ XR developer platform.

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Foundry Six (Los Angeles, CA): With AREALM from Foundry Six, you can turn your next hike with friends into an epic adventure! (Image: Business Wire)

The three new participants in T-Mobile Accelerator are:

  • Foundry Six(Los Angeles, CA): With Foundry Six’s AREALM you can turn your next hike with friends into an epic adventure! This role-playing metaverse allows players to experience all their favorite gameplay in the real world. Engage in player vs environment, player vs player, crafting and dungeon crawl encounters brought to life by Augmented Reality technology.
  • stops(Tel aviv, Israel): Stops is a location-based platform that helps businesses and influencers securely share locations with their customers/followers across the metaverse. As a result, people can now discover nearby content and product locations via Augmented Reality every time they stop.
  • weR(NYC, NY): weR is a deep technology company that provides an Augmented Reality/Artificial Intelligence platform for monetizing and optimizing retail spaces.

“5G and Augmented Reality have the potential to transform gaming, education, training, the way we communicate and much more,” said John Saw, EVP of Advanced & Emerging Technologies at T-Mobile. “With the T-Mobile Accelerator, we are partnering with the brightest developers and entrepreneurs to advance the 5G ecosystem and bring revolutionary new 5G-powered applications to life.”

As the leading 5G launch partner in North America for Snapdragon Spaces, T-Mobile Accelerator is working to drive 5G innovation for smart AR glasses by leveraging heads-up displays, spatial awareness and computer vision across all industries. Participants will work directly with T-Mobile engineers and business leaders while using Lenovo ThinkReality A3 Augmented Reality smart glasses – the first device to support Snapdragon Spaces. Experts from Qualcomm Technologies, Inc. will also support solutions built on the Snapdragon Spaces platform.

This incoming group is preceded by other participants including Beem, Krikey, Mawari, Mohx-Games, Pluto and VictoryXR. T-Mobile is also currently accepting applications from developers interested in building immersive 5G experiences for AR glasses on Snapdragon Spaces.

Industry analyst firm GlobalData1 estimates that the AR and VR market will grow nearly 20-fold over the 10-year period between 2020-2030. Because AR offers services that are more accessible, including ease of use via web services or smartphones (as opposed to VR’s bulkier headsets), the AR market has an edge over the VR market, according to GlobalData.

T-Mobile 5G, a platform for innovation

T-Mobile Accelerator serves as a hub for driving ideas, innovation and action. It focuses on collaborative experiences for growth and delivers year-round programs and activities, including entrepreneurial and tech community engagement, expert speakers, and mentorship sessions. Since its inception, the T-Mobile Accelerator has partnered with 80 startup companies that have raised more than $190 million in total, with 78% of alumni companies still operating.

Follow T-Mobile’s Official Twitter Newsroom @TMobileNews to keep up to date with the latest company news.

Snapdragon and Snapdragon Spaces are trademarks or registered trademarks of Qualcomm Incorporated.

Snapdragon Spaces is a product of Qualcomm Technologies, Inc. and/or its subsidiaries.

5G: Coverage not available in some areas. Some applications may require a particular subscription or feature; see T-Mobile.com. Fastest: Based on average total 5G combined speeds according to Ookla®’s analysis of Speedtest Intelligence® data 5G download speeds for Q2 2022. Ookla trademarks used under license and reprinted with permission . Most reliable: According to an audit report conducted by an independent third-party umlaut with crowdsourced user experience data, including task completion, collected from November 2021 to May 2022. Full details at: www.umlaut.com/en/benchmarking/USA.

About T-Mobile US, Inc.

T-Mobile US Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will provide reliable connectivity for everyone. T-Mobile’s customers benefit from the unparalleled combination of value and quality, relentless obsession to provide them with the best possible service experience, and undeniable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Sprint. For more information, visit: https://www.t-mobile.com.

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KEY WORD: WASHINGTON CALIFORNI NEW YORK UNITED STATES NORTH AMERICA ISRAELL MIDDLE EAST

INDUSTRY KEYWORD: SOFTWARE METAVERSE MOBILE/WIRELESS ENTERTAINMENT OTHER RETAIL HARDWARE CONSUMER ELECTRONICS TECHNOLOGY 5G RETAIL WEARABLES/MOBILE TECHNOLOGY ELECTRONIC GAMES

SOURCE: T-Mobile US Inc.

Copyright Business Wire 2022.

PUB: 08/26/22 09:14 AM/DISC: 08/26/22 09:14 AM

http://www.businesswire.com/news/home/20220826005235/en

Copyright Business Wire 2022.