GrooveME, the award-winning 3D holograms pioneer, has tied up a partnership with a major manufacturer in China.
According to the Knebworth-based technology company’s latest newsletter, the manufacturer, which will assist in the development and build-out of Grooveme’s unique speaker and amplifier systems, was so knocked out by the technology, it undertook the development cost at its own expense.
One new speaker system has been delivered to Knebworth – the self-styled “stately home of music” - and another to India, where GrooveME sees enormous potential for its equipment, not least in the Indian film industry, where around 4bn box office tickets are sold each year for “Bollywood” films as against 3bn for Hollywood films.
India is GrooveME’s fastest growing region in terms of prospects, with a significant number of memoranda of understanding in place.
Talking of India, there is to be a hologram event at the annual Punjab festival held in Thetford.
The festival will engage “a range of creative cultural & heritage practitioners and performers from across the Norfolk area”, according to the festival’s promotional literature, but thanks to GrooveME’s technology, the practitioners don’t need to be purely from the Norfolk area; performers in Punjab, for instance, can appear to be right there in the room with the good people of Thetford (and its environs).
Plans for public listing still on
GrooveME’s chairman, Alex Worrall, said a number of other irons are in the fire regarding local and national festivals, including a possible involvement with the Dad’s Army 50th anniversary celebrations that are coming down the pike (see what I did there? Don’t tell ‘em, Pike!)
If your taste runs more to the classical, then you might be interested to learn that talks are in progress with two major concert promoters in respect of GrooveME’s “Pavarotti in Concert” project.
The private company still has plans to go for a public listing and told existing shareholders it now has the right people in place to drive its plans to become a public limited company.