zSpace, Inc. ( (ZSPC) ) has issued an announcement.
zSpace reported its financial results for the fourth quarter and full year 2024, highlighting significant milestones such as its largest customer win with St. Louis Public Schools and the expansion of its Career Readiness Solution. Despite a decrease in revenue due to capital constraints before its IPO, the company showed improvements in gross margin and increased demand, with a backlog of $9.2 million heading into 2025. zSpace’s IPO and strategic focus on international expansion and R&D investments position it for future growth in the education technology sector.
More about zSpace, Inc.
zSpace, Inc. is a leader in augmented and virtual reality solutions for education, focusing on STEM, CTE, and career readiness programs. The company is headquartered in San Jose, California, and is trusted by over 3,500 educational institutions. zSpace offers immersive learning experiences that enhance the educational process and improve student outcomes.
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