Virtual reality technology company, VR Education (AIM:VRE) , has been chosen to use its ENGAGE platform to deliver a major United Nations ('UN') event, 'Global Youth Takeover'.
The UN’s annual 'Global Youth Takeover' is to be held virtually for the first time and will include speeches from global influencers and a performance by American rapper, Pitbull.
ENGAGE, which hosts virtual events, virtual training and remote distance learning, will be used to facilitate the UN's annual 'Global Youth Takeover' event on 24 October 2020.
The UN is the latest organisation to use both VR and ENGAGE to host ‘a significant event’.
The group said the intergovernmental organisation follows several major organisations using ENGAGE, including the European Commission, HTC, McKinsey & Company and Yahoo!.
The group highlighted that the COVID-19 pandemic has accelerated the demand for VR as a tool for event organisation as well as delivering remote distance learning and training.
Shares in VR Education have traded strongly over the past month and were trading 7.55% higher at 14.25p this morning following the announcement.
Delegates at the event will be able to hear from global influencers, including, amongst others, Dr Tedros Adhanom Ghebreyesus, Director General of the World Health Organisation and Siyabulela Mandela, journalist and grandson of Nelson Mandela.
The platform will provide virtual conferences ‘with a real live event experience.’ The event will culminate in a virtual performance from Pitbull, who has around 100m social media followers.
"With almost all physical events on hold for the foreseeable future, there has been a big increase in major organisations wanting to host virtual events,” said CEO, David Whelan.
Whelan said he believes the UN event will enhance the overall profile of the Company as the use of the ENGAGE platform grows strongly “month on month.”
He commented, “We designed ENGAGE primarily as a communications tool for education and training, but we have quickly adapted it to address the needs of a variety of industries and event organisers as they look to generate revenue in this lockdown world.”
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