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BGC Group Updates its Outlook for the Second Quarter of 2024

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NEW YORK, June 28, 2024 /PRNewswire/ — BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending June 30, 2024.

Updated Outlook 
BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the second quarter of 2024. The Company’s outlook was contained in BGC’s financial results press release issued on April 30, 2024, which can be found at http://ir.bgcg.com.

Non-GAAP Financial Measures 
The non-GAAP definitions below include references to certain equity-based compensation instruments, such as restricted stock awards and/or restricted stock units (“RSUs”), that the Company has issued and outstanding following its corporate conversion on July 1, 2023. Although BGC is retaining certain defined terms and references, including references to partnerships or partnership units, for purposes of comparability before and after the corporate conversion, such references may not be applicable following the period ended June 30, 2023.

This document contains non-GAAP financial measures that differ from the most directly comparable measures calculated and presented in accordance with Generally Accepted Accounting Principles in the United States (“GAAP”). Non-GAAP financial measures used by the Company include “Adjusted Earnings before noncontrolling interests and taxes”, which is used interchangeably with “pre-tax Adjusted Earnings”; “Post-tax Adjusted Earnings to fully diluted shareholders”, which is used interchangeably with “post-tax Adjusted Earnings”; “Adjusted EBITDA”; “Liquidity”; and “Constant Currency”. The definitions of these terms are below.

Adjusted Earnings Defined 
BGC uses non-GAAP financial measures, including “Adjusted Earnings before noncontrolling interests and taxes” and “Post-tax Adjusted Earnings to fully diluted shareholders”, which are supplemental measures of operating results used by management to evaluate the financial performance of the Company and its consolidated subsidiaries. BGC believes that Adjusted Earnings best reflect the operating earnings generated by the Company on a consolidated basis and are the earnings which management considers when managing its business.

As compared with “Income (loss) from operations before income taxes” and “Net income (loss) for fully diluted shares”, both prepared in accordance with GAAP, Adjusted Earnings calculations primarily exclude certain non-cash items and other expenses that generally do not involve the receipt or outlay of cash by the Company and/or which do not dilute existing stockholders. In addition, Adjusted Earnings calculations exclude certain gains and charges that management believes do not best reflect the underlying operating performance of BGC. Adjusted Earnings is calculated by taking the most comparable GAAP measures and adjusting for certain items with respect to compensation expenses, non-compensation expenses, and other income, as discussed below.

Calculations of Compensation Adjustments for Adjusted Earnings and Adjusted EBITDA 

Treatment of Equity-Based Compensation Line Item for Adjusted Earnings and Adjusted EBITDA
The Company’s Adjusted Earnings and Adjusted EBITDA measures exclude all GAAP charges included in the line item “Equity-based compensation and allocations of net income to limited partnership units and FPUs” (or “equity-based compensation” for purposes of defining the Company’s non-GAAP results) as recorded on the Company’s GAAP Consolidated Statements of Operations and GAAP Consolidated Statements of Cash Flows. These GAAP equity-based compensation charges reflect the following items:

Charges related to amortization of RSUs, restricted stock awards, other equity-based awards, and limited partnership units;Charges with respect to grants of exchangeability, which reflect the right of holders of limited partnership units with no capital accounts, such as LPUs and PSUs, to exchange these units into shares of common stock, or into partnership units with capital accounts, such as HDUs, as well as cash paid with respect to taxes withheld or expected to be owed by the unit holder upon such exchange. The withholding taxes related to the exchange of certain non-exchangeable units without a capital account into either common shares or units with a capital account may be funded by the redemption of preferred units such as PPSUs;Charges with respect to preferred units and RSU tax accounts. Any preferred units and RSU tax accounts would not be included in the Company’s fully diluted share count because they cannot be made exchangeable into shares of common stock and are entitled only to a fixed distribution or dividend. Preferred units are granted in connection with the grant of certain limited partnership units that may be granted exchangeability or redeemed in connection with the grant of shares of common stock, and RSU tax accounts are granted in connection with the grant of RSUs. The preferred units and RSU tax accounts are granted at ratios designed to cover any withholding taxes expected to be paid. This is an alternative to the common practice among public companies of issuing the gross amount of shares to employees, subject to cashless withholding of shares, to pay applicable withholding taxes;GAAP equity-based compensation charges with respect to the grant of an offsetting amount of common stock or partnership units with capital accounts in connection with the redemption of non-exchangeable units, including PSUs and LPUs;Charges related to grants of equity awards, including common stock, RSUs, restricted stock awards or partnership units with capital accounts;Allocations of net income to limited partnership units and FPUs. Such allocations represent the pro-rata portion of post-tax GAAP earnings available to such unit holders; andCharges related to dividend equivalents earned on RSUs and any preferred returns on RSU tax accounts.

The amounts of certain quarterly equity-based compensation charges are based upon the Company’s estimate of such expected charges during the annual period, as described further below under “Methodology for Calculating Adjusted Earnings Taxes.”

Virtually all of BGC’s key executives and producers have equity stakes in the Company and its subsidiaries and generally receive deferred equity as part of their compensation. A significant percentage of BGC’s fully diluted shares are owned by its executives, partners and employees. The Company issues RSUs, restricted stock, limited partnership units (prior to July 1, 2023) as well as other forms of equity-based compensation, including grants of exchangeability into shares of common stock (prior to July 1, 2023), to provide liquidity to its employees, to align the interests of its employees and management with those of common stockholders, to help motivate and retain key employees, and to encourage a collaborative culture that drives cross-selling and revenue growth.

All share equivalents that are part of the Company’s equity-based compensation program, including REUs, PSUs, LPUs, HDUs, and other units that may be made exchangeable into common stock, as well as RSUs (which are recorded using the treasury stock method), are included in the fully diluted share count when issued or at the beginning of the subsequent quarter after the date of grant.

Compensation charges are also adjusted for certain other cash and non-cash items.

Certain Other Compensation-Related Adjustments for Adjusted Earnings 
BGC also excludes various other GAAP items that management views as not reflective of the Company’s underlying performance in a given period from its calculation of Adjusted Earnings. These may include compensation-related items with respect to cost-saving initiatives, such as severance charges incurred in connection with headcount reductions as part of broad restructuring and/or cost savings plans.

Calculation of Non-Compensation Adjustments for Adjusted Earnings 
Adjusted Earnings calculations may also exclude items such as:

Non-cash GAAP charges related to the amortization of intangibles with respect to acquisitions;Acquisition related costs;Non-cash GAAP asset impairment charges;Resolutions of litigation, disputes, investigations, or enforcement matters that are generally non-recurring, exceptional, or unusual, or similar items that management believes do not best reflect BGC’s underlying operating performance, including related unaffiliated third-party professional fees and expenses; andVarious other GAAP items that management views as not reflective of the Company’s underlying performance in a given period, including non-compensation-related charges incurred as part of broad restructuring and/or cost savings plans. Such GAAP items may include charges for professional fees and expenses, exiting leases and/or other long-term contracts as part of cost-saving initiatives, as well as non-cash impairment charges related to assets, goodwill and/or intangible assets created from acquisitions.

Calculation of Adjustments for Other (income) losses for Adjusted Earnings 
Adjusted Earnings calculations also exclude gains from litigation resolution and certain other non-cash, non-dilutive, and/or non-economic items, which may, in some periods, include:

Gains or losses on divestitures;Fair value adjustment of investments;Certain other GAAP items, including gains or losses related to BGC’s investments accounted for under the equity method; andAny unusual, non-ordinary, or non-recurring gains or losses.

Methodology for Calculating Adjusted Earnings Taxes 
Although Adjusted Earnings are calculated on a pre-tax basis, BGC also reports post-tax Adjusted Earnings to fully diluted shareholders. The Company defines post-tax Adjusted Earnings to fully diluted shareholders as pre-tax Adjusted Earnings reduced by the non-GAAP tax provision described below and net income (loss) attributable to noncontrolling interest for Adjusted Earnings.

The Company calculates its tax provision for post-tax Adjusted Earnings using an annual estimate similar to how it accounts for its income tax provision under GAAP. To calculate the quarterly tax provision under GAAP, BGC estimates its full fiscal year GAAP income (loss) from operations before income taxes and noncontrolling interests in subsidiaries and the expected inclusions and deductions for income tax purposes, including expected equity-based compensation during the annual period. The resulting annualized tax rate is applied to BGC’s quarterly GAAP income (loss) from operations before income taxes and noncontrolling interests in subsidiaries. At the end of the annual period, the Company updates its estimate to reflect the actual tax amounts owed for the period.

To determine the non-GAAP tax provision, BGC first adjusts pre-tax Adjusted Earnings by recognizing any, and only, amounts for which a tax deduction applies under applicable law. The amounts include charges with respect to equity-based compensation; certain charges related to employee loan forgiveness; certain net operating loss carryforwards when taken for statutory purposes; and certain charges related to tax goodwill amortization. These adjustments may also reflect timing and measurement differences, including treatment of employee loans; changes in the value of units between the dates of grants of exchangeability and the date of actual unit exchange; changes in the value of RSUs and/or restricted stock awards between the date of grant and the date the award vests; variations in the value of certain deferred tax assets; and liabilities and the different timing of permitted deductions for tax under GAAP and statutory tax requirements.

After application of these adjustments, the result is the Company’s taxable income for its pre-tax Adjusted Earnings, to which BGC then applies the statutory tax rates to determine its non-GAAP tax provision. BGC views the effective tax rate on pre-tax Adjusted Earnings as equal to the amount of its non-GAAP tax provision divided by the amount of pre-tax Adjusted Earnings.

Generally, the most significant factor affecting this non-GAAP tax provision is the amount of charges relating to equity-based compensation. Because the charges relating to equity-based compensation are deductible in accordance with applicable tax laws, increases in such charges have the effect of lowering the Company’s non-GAAP effective tax rate and thereby increasing its post-tax Adjusted Earnings.

BGC incurs income tax expenses based on the location, legal structure and jurisdictional taxing authorities of each of its subsidiaries. Certain of the Company’s entities are taxed as U.S. partnerships and are subject to the Unincorporated Business Tax (“UBT”) in New York City. Any U.S. federal and state income tax liability or benefit related to the partnership income or loss, with the exception of UBT, rests with the unit holders rather than with the partnership entity. The Company’s consolidated financial statements include U.S. federal, state, and local income taxes on the Company’s allocable share of the U.S. results of operations. Outside of the U.S., BGC operates principally through subsidiary corporations subject to local income taxes. For these reasons, taxes for Adjusted Earnings are expected to be presented to show the tax provision the consolidated Company would expect to pay if 100% of earnings were taxed at global corporate rates.

Calculations of Pre- and Post-Tax Adjusted Earnings per Share
BGC’s pre- and post-tax Adjusted Earnings per share calculations assume either that:

The fully diluted share count includes the shares related to any dilutive instruments, but excludes the associated expense, net of tax, when the impact would be dilutive; orThe fully diluted share count excludes the shares related to these instruments, but includes the associated expense, net of tax, when the impact would be anti-dilutive.

The share count for Adjusted Earnings excludes certain shares and share equivalents expected to be issued in future periods but not yet eligible to receive dividends and/or distributions. Each quarter, the dividend payable to BGC’s stockholders, if any, is expected to be determined by the Company’s Board of Directors with reference to a number of factors. The declaration, payment, timing, and amount of any future dividends payable by the Company will be at the discretion of its Board of Directors using the fully diluted share count. For more information on any share count adjustments, see the table titled “Fully Diluted Weighted-Average Share Count under GAAP and for Adjusted Earnings” in the Company’s most recent financial results press release.

Management Rationale for Using Adjusted Earnings 
BGC’s calculation of Adjusted Earnings excludes the items discussed above because they are either non-cash in nature, because the anticipated benefits from the expenditures are not expected to be fully realized until future periods, or because the Company views results excluding these items as a better reflection of the underlying performance of BGC’s ongoing operations. Management uses Adjusted Earnings in part to help it evaluate, among other things, the overall performance of the Company’s business and to make decisions with respect to the Company’s operations.

The term “Adjusted Earnings” should not be considered in isolation or as an alternative to GAAP net income (loss). The Company views Adjusted Earnings as a metric that is not indicative of liquidity, or the cash available to fund its operations, but rather as a performance measure. Pre- and post-tax Adjusted Earnings, as well as related measures, are not intended to replace the Company’s presentation of its GAAP financial results. However, management believes that these measures help provide investors with a clearer understanding of BGC’s financial performance and offer useful information to both management and investors regarding certain financial and business trends related to the Company’s financial condition and results of operations. Management believes that the GAAP and Adjusted Earnings measures of financial performance should be considered together.

For more information regarding Adjusted Earnings, see the sections of this document and/or in the Company’s most recent financial results press release titled “Reconciliation of GAAP Income (Loss) from Operations before Income Taxes to Adjusted Earnings and GAAP Fully Diluted EPS to Post-Tax Adjusted EPS”, including the related footnotes, for details about how BGC’s non-GAAP results are reconciled to those under GAAP.

Adjusted EBITDA Defined 
BGC also provides an additional non-GAAP financial performance measure, “Adjusted EBITDA”, which it defines as GAAP “Net income (loss) available to common stockholders”, adjusted to add back the following items:

Provision (benefit) for income taxes;Net income (loss) attributable to noncontrolling interest in subsidiaries;Interest expense;Fixed asset depreciation and intangible asset amortization;Equity-based compensation and allocations of net income to limited partnership units and FPUs;Impairment of long-lived assets;(Gains) losses on equity method investments; andCertain other non-cash GAAP items, such as non-cash charges of amortized rents.

The Company’s management believes that its Adjusted EBITDA measure is useful in evaluating BGC’s operating performance, because the calculation of this measure generally eliminates the effects of financing and income taxes and the accounting effects of capital spending and acquisitions, which would include impairment charges of goodwill and intangibles created from acquisitions. Such items may vary for different companies for reasons unrelated to overall operating performance. As a result, the Company’s management uses this measure to evaluate operating performance and for other discretionary purposes. BGC believes that Adjusted EBITDA is useful to investors to assist them in getting a more complete picture of the Company’s financial results and operations.

Since BGC’s Adjusted EBITDA is not a recognized measurement under GAAP, investors should use this measure in addition to GAAP measures of net income when analyzing BGC’s operating performance. Because not all companies use identical EBITDA calculations, the Company’s presentation of Adjusted EBITDA may not be comparable to similarly titled measures of other companies. Furthermore, Adjusted EBITDA is not intended to be a measure of free cash flow or GAAP cash flow from operations because the Company’s Adjusted EBITDA does not consider certain cash requirements, such as tax and debt service payments.

For more information regarding Adjusted EBITDA, see the section of this document and/or in the Company’s most recent financial results press release titled “Reconciliation of GAAP Net Income (Loss) Available to Common Stockholders to Adjusted EBITDA”, including the footnotes to the same, for details about how BGC’s non-GAAP results are reconciled to those under GAAP.

Timing of Outlook for Certain GAAP and Non-GAAP Items
BGC anticipates providing forward-looking guidance for GAAP revenues and for certain non-GAAP measures from time to time. However, the Company does not anticipate providing an outlook for other GAAP results. This is because certain GAAP items, which are excluded from Adjusted Earnings and/or Adjusted EBITDA, are difficult to forecast with precision before the end of each period. The Company therefore believes that it is not possible for it to have the required information necessary to forecast GAAP results or to quantitatively reconcile GAAP forecasts to non-GAAP forecasts with sufficient precision without unreasonable efforts. For the same reasons, the Company is unable to address the probable significance of the unavailable information. The relevant items that are difficult to predict on a quarterly and/or annual basis with precision and may materially impact the Company’s GAAP results include, but are not limited, to the following:

Certain equity-based compensation charges that may be determined at the discretion of management throughout and up to the period-end;Unusual, non-ordinary, or non-recurring items;The impact of gains or losses on certain marketable securities, as well as any gains or losses related to associated mark-to- market movements and/or hedging. These items are calculated using period-end closing prices;Non-cash asset impairment charges, which are calculated and analyzed based on the period-end values of the underlying assets. These amounts may not be known until after period-end; andAcquisitions, dispositions, and/or resolutions of litigation, disputes, investigations, or enforcement matters, or similar items, which are fluid and unpredictable in nature.

Liquidity Defined
BGC may also use a non-GAAP measure called “liquidity”. The Company considers liquidity to be comprised of the sum of cash and cash equivalents, reverse repurchase agreements (if any), financial instruments owned, at fair value, less securities lent out in securities loaned transactions and repurchase agreements (if any). The Company considers liquidity to be an important metric for determining the amount of cash that is available or that could be readily available to the Company on short notice.

For more information regarding Liquidity, see the section of this document and/or in the Company’s most recent financial results press release titled “Liquidity Analysis”, including any footnotes to the same, for details about how BGC’s non-GAAP results are reconciled to those under GAAP.

Constant Currency Defined
BGC generates a significant amount of its revenues in non-U.S. dollar denominated currencies, particularly in the euro and pound sterling. In order to present a better comparison of the Company’s revenues during the period, which exhibited highly volatile foreign exchange movements, BGC provides revenues year-over-year comparisons on a “Constant Currency” basis. BGC uses a Constant Currency financial metric to provide a better comparison of the Company’s underlying operating performance by eliminating the impacts of foreign currency fluctuations between comparative periods. Since BGC’s consolidated financial statements are presented in U.S. dollars, fluctuations in non-U.S. dollar denominated currencies have an impact on the Company’s GAAP results. The Company’s Constant Currency metric, which is a non-GAAP financial measure, assumes the foreign exchange rates used to determine the Company’s comparative prior period revenues, apply to the current period revenues. Constant Currency revenue percentage change is calculated by determining the change in current quarter non-GAAP Constant Currency revenues over prior period revenues. Non-GAAP Constant Currency revenues are total revenues excluding the effect of foreign exchange rate movements and are calculated by remeasuring and/or translating current quarter revenues using prior period exchange rates. BGC presents certain non-GAAP Constant Currency percentage changes in Constant Currency revenues as a supplementary measure because it facilitates the comparison of the Company’s core operating results. This information should be considered in addition to, and not as a substitute for, results reported in accordance with GAAP.

About BGC Group, Inc.
BGC Group, Inc. (Nasdaq: BGC) is a leading global marketplace, data, and financial technology services company for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and now includes the FMX Futures Exchange. BGC’s clients are many of the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms.

BGC and leading global investment banks and market making firms have partnered to create FMX, part of the BGC Group of companies, which includes a U.S. interest rate futures exchange, spot foreign exchange platform and the world’s fastest growing U.S. cash treasuries platform.

For more information about BGC, please visit www.bgcg.com.

Discussion of Forward-Looking Statements about BGC 
Statements in this document regarding BGC that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC’s Securities and Exchange Commission (“SEC”) filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

Media Contact: 
Erica Chase
+1 212-610-2419

Investor Contact:
Jason Chryssicas
+1 212-610-2426

 

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SOURCE BGC Group, Inc.

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Kachilu unveils AI marketing automation app for macOS with browser-based campaign execution

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June 16, 2026

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Kachilu helps marketing, sales, and recruiting teams move from strategy to execution by planning outreach tasks and performing browser-based actions such as posts, replies, DMs, follows, and form submissions.

TOKYO, June 16, 2026 /PRNewswire-PRWeb/ — Kachilu today announced the launch of its macOS desktop app, an AI marketing automation agent that helps teams plan and execute campaign workflows in a real browser. Built for marketing, sales, and recruiting teams, Kachilu turns campaign goals into task plans and performs eligible browser-based actions with user visibility and control.

AI can help teams plan campaigns, but execution often still stops at the browser. Kachilu helps teams move from intention to action while keeping important decisions under human control.

AI tools can generate strategy and copy, but many teams still rely on manual work to post content, reply to messages, follow up with leads, send DMs, and submit contact forms. Kachilu is designed to bridge that gap by organizing goals into tasks, executing eligible actions in a real browser, and pausing when human judgment or authentication is required.

With Kachilu, users can create marketing, sales, or recruiting workflows from a goal, review the AI-generated strategy and task plan, and monitor execution through a desktop dashboard. The product includes Kachilu Browser, which lets users see browser actions as they happen, pause or resume work, add instructions, and review execution history.

Kachilu supports use cases including social media marketing, form-based outreach, and direct recruiting. It is designed for teams that want to scale repetitive outreach while maintaining visibility and control over account-specific activity.

“AI can help teams plan campaigns, but execution often still stops at the browser,” said Ryutaro Imai, founder of Kachilu. “Kachilu helps teams move from intention to action while keeping important decisions under human control.”

The macOS version is available now for Apple silicon Macs running macOS 14 or later. As part of its launch campaign, Kachilu is free to use until June 30, 2026. Paid plans are based on completed actions, starting at $9 per month.

For more information or to download the macOS app, visit https://www.kachilu.com

Media Contact

Kachilu PR Team, Kachilu Inc., 81 7020078468, kachilu-agent@kachilu.com, https://www.kachilu.com/en

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SOURCE Kachilu Inc.

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A New Era of XR Begins: XREAL Launches XREAL AURA, Powered by Android XR, This Fall

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June 16, 2026

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Reservations for XREAL AURA are available now, enabling customers to secure a spot for the launch later this year

LONG BEACH, Calif., June 16, 2026 /PRNewswire/ — XREAL, the global leader in lightweight XR glasses, today officially unveiled XREAL AURA, powered by Android XR and built with Snapdragon. This represents the company’s next-generation spatial computing glasses built in collaboration with Google and Qualcomm Technologies, Inc. Formerly known as Project Aura, and now confirmed to launch in the Fall, XREAL AURA combines lightweight optical see-through (OST) wired XR glasses, Android XR and deep Gemini integration, and the power of Qualcomm Technologies’ latest Snapdragon® Reality Elite Platform. With all these features working in concert, XREAL AURA delivers a new era of immersive and wearable spatial computing experiences.

XREAL also announced multiple reservation paths for XREAL AURA are now open through XREAL.com/aura. XREAL AURA will make its first public appearance this week at Augmented World Expo in Long Beach, California; attendees can visit the Qualcomm booth (#911) for hands-on demos.

“XREAL AURA sets a new benchmark for OST XR glasses, bringing powerful AI-driven experiences to both work and everyday life,” said Chi Xu, Co-founder and CEO of XREAL. “The new era of portable spatial computing glasses starts now, as XREAL AURA combines rich and cinematic visuals, powerful platforms, and advanced on-device AI capabilities required to realize immersive next-generation XR. From developers who demand more headroom to consumers who expect seamless, premium experiences, Snapdragon Reality Elite and Android XR enable XREAL AURA to excel and lead in defining today’s smart glasses use cases.”

Powered by Android XR and Snapdragon Reality Elite

At the core of XREAL AURA is Google’s Android XR and the newly unveiled Snapdragon Reality Elite, Qualcomm’s latest XR platform. Both are engineered to deliver industry-leading performance, multitasking, multimodal AI, and power optimization for next-generation wearable devices.

“XR adoption continues to expand, evidenced by the global developer and consumer excitement for XREAL Aura,” said Ziad Asghar, Senior Vice President and General Manager of XR, Wearables and Personal AI at Qualcomm Technologies, Inc. “As advanced and integrated XR devices come to market, like XREAL Aura, demand is increasing for XR technologies that deliver better immersive experiences, higher performance, greater intelligence, and improved power optimization. Snapdragon Reality Elite is designed to meet those demands — and it reinforces our leadership in VR and MR as we create purpose-built XR chipsets from the ground up.”

“Android XR is made for everyday life, and XREAL AURA brings XR experiences to life through the most innovative wired XR glasses yet,” said Shahram Izadi, Vice President and General Manager of Android XR, Google. “This is indeed a turning point, and the right teams are united to lead what comes next.”

Built for the Next Generation of Android XR Experiences

XREAL AURA delivers premium spatial computing experiences in a lightweight and portable form factor. Key features include:

A massive 70-degree field of view with a virtually borderless visual canvas

Light, less than 95g optical see-through frames designed for immersive mixed reality experiences

World-facing sensors on the frames support hand tracking, 6DoF tracking, and multimodal AI experiences with user permission

Dual-chip, split-compute architecture designed for portable spatial computing

A dedicated spatial compute unit, powered by Snapdragon Reality Elite for advanced XR performance and power optimization

Inside the frames, the XREAL X1S Spatial Coprocessor supports low-latency spatial display, sensor processing, and stable glasses-based XR experiences

Deep integration with Google’s Android XR platform and helpful support from Gemini

Through the Android XR Catalyst Developer Program that was announced at the Google I/O Developer Conference, hundreds of XREAL AURA developer kits are being distributed to developers around the world, accelerating development across entertainment, productivity, gaming, sports, healthcare, and enterprise applications.

Leading Global Partners Building for XREAL AURA 

Because it’s powered by Android XR, millions of Android mobile and tablet apps are available day one on XREAL AURA through the Play Store. There are also over one hundred apps made specifically for XR in development already. Today, XREAL also offered an early peek at the expanding ecosystem of partners developing unbound experiences for Android XR and XREAL AURA.

Sports, Games and Entertainment

Announced today, Project Hail Mary: Journey Among the Stars, will launch on XREAL AURA, powered by Android XR, Google’s groundbreaking spatial computing platform. Developed in partnership with Amazon MGM Studios and featuring a new, original chapter created in collaboration with Andy Weir specifically for the game, Project Hail Mary: Journey Among the Stars allows players to step into the role of Ryland Grace at a pivotal, untold moment in the Hail Mary mission, diagnosing failing ship systems and improvising ingenious scientific solutions as the spacecraft itself bleeds into their real-world environment. Precise hand tracking enables intuitive, tactile interaction with ship panels and zero-gravity objects, while the Hail Mary spacecraft merges seamlessly with the player’s physical surroundings. The result is a new form of spatial storytelling that leverages Android XR, cutting edge XR hardware starting with XREAL AURA, and mixed reality to bring the world of Project Hail Mary directly into the player’s space.

Announced today, Fallout: Factions is the official digital adaptation of the hit tabletop game from Modiphius Entertainment for XR. This turn-based skirmish warfare game set in the Fallout universe combines squad-level tactics and strategy with immersive 3D maps and gesture controls in stunning augmented reality. Compete with friends around the table or around the world as you play as one of three Factions seeking to dominate the devastated landscape of Nuka-World. Each Faction has a unique set of weapons and abilities, creating nearly endless replay-ability. War never changes, but now it’s in your hands! Fallout: Factions launches from Mirrorscape later this year on XREAL AURA and Android XR.

Announced today, “The Nutcracker: A Spatial Awakening” is a pioneering full-scale spatial preservation of a legacy ballet, developed by San Francisco Ballet and YBVR in partnership with Google and XREAL. Captured in stereoscopic 8K with a Blackmagic URSA Cine Immersive three-camera array, the experience places audiences closer than ever to the artistry and emotion of this iconic holiday production. Bringing the breathtaking “Snowfall” sequence directly into the user’s surroundings, the experience showcases how cutting-edge hardware can unlock a profound sense of presence for world-class performing arts, accompanied by the Grammy Award-winning San Francisco Ballet Orchestra. Expect more to come with the official premiere later this year.

Asteroid, a groundbreaking immersive film from acclaimed director Doug Liman, will combine cinematic storytelling, interactive gameplay, live conversational AI, and natural multimodal interaction powered by Gemini. The experience launched exclusively on Android XR and will be free for all XREAL AURA owners. The project is developed by 30 Ninjas.

EMMY and BAFTA award-winning Atlantic Studios is bringing ambitious immersive films to Android XR and XREAL AURA. Atlantic is bringing Hollywood elites to its projects, with more to be revealed soon.

Resolution Games brings its painstakingly crafted turn-based co-op tabletop dungeon crawler, Demeo to XREAL AURA. Demeo is designed from the ground up for XR, and players on AURA can join others on Samsung Galaxy XR, Meta Quest, Apple Vision Pro, PICO and PlayStation VR2, as well as enjoy cross-play with flatscreen players (Steam PC, Mac, iOS, PlayStation 5).

The Fox Sports XR app on XREAL AURA will feature immersive live sports and highlights.

Cubism is one of the most respected puzzle games in XR built around an engaging concept: fit a set of colorful 3D blocks into a target shape, but this time set in your real world thanks to XREAL AURA’s optical see-through headset. Cubism is renowned for its excellent handtracking and strong spatial interaction design.

One of the world’s largest XR video game developers, nDreams, is bringing Oh My Galaxy! to XREAL AURA. Oh My Galaxy! is a beautifully crafted arcade-style physics puzzle game designed from the ground up for spatial computing. XREAL AURA marks the first time the popular game will be available on an OST headset.

Odders is bringing its premier tabletop strategy game, Chess Club to XREAL AURA. Chess Club is the leading chess application across major spatial computing platforms today; its standout feature is its precise native hand-tracking. XREAL AURA marks the first time Chess Club will be available on an OST headset.

South Korean streaming powerhouse, Naver is bringing CHZZK to XREAL AURA. CHZZK is Naver’s massive livestreaming and content creator platform heavily centered around gaming, esports, virtual streamers, music videos and watch parties. CHZZK includes spatialized 180- and 360-degree videos that bring VR entertainment to XREAL AURA without isolating the viewer from the real world around them.

DB Creations is actively developing three XR games for XREAL AURA. Disassemble, mend, and rebuild a variety of gadgets and robot parts while learning about the fantastical world around you in Robo Repair. Fly a jet, pilot a helicopter, and more to complete arcade challenges right in your room with the exciting RC-inspired action of Tiny Motors Arcade. Transform your space into a thriving solarpunk city of the future with easy to connect building block elements in Table Towers.

Productivity, Learning, Enterprise and Healthcare

Announced today, representing next generation geospatial immersion, the Rathausverein of Aachen, Germany, and ZAUBAR are creating a first-of-its-kind location-based AR experience in Aachen’s historic city center. Set around the Krönungssaal (Coronation Hall) in Aachen City Hall and connected to the city’s imperial heritage, including Aachen Cathedral as part of the former Carolingian palace complex and a UNESCO World Heritage Site, the experience brings history to life through an immersive museum-quality exhibition with realistic time travel, lifelike animations, historically accurate reconstructions, and incredible detail, all comfortably enjoyed through XREAL AURA. This exciting project is targeting an on-site launch in mid-2027.

Announced today, in healthcare, apoQlar is bringing their XR HoloMedicine® platform to XREAL AURA that transforms CT, MRI, PET, and other medical imaging data into interactive 3D holographic models that clinicians can view and manipulate in real time. The early apoQlar workflows with XREAL AURA are showing real promise and are already making advanced medical visualization and training more intuitive for clinicians.

Simply Piano XR comes to an OST headset for the first time with XREAL AURA, bringing its finetuned hand tracking and spatial computing to merge physical instruments with digital overlays along with AI-powered real-time feedback for the ultimate XR piano-learning platform.

In enterprise, ShapesXR is moving design work into XREAL AURA’s immersive 70-degree FOV, allowing teams to sketch environments, place UI, storyboard interactions, and test concepts before writing much code. ShapesXR is leading in collaborative spatial creation and for the first time, bringing its highly recognized platform to XR glasses.

Frontline.io turns complex CAD models into interactive digital twins for the enterprise space, letting technicians learn, troubleshoot, and collaborate through XREAL AURA with OST workflows. It’s reshaping remote assist, virtual training, and augmented work instructions — and going further with AI agents that generate, retrieve, and guide maintenance procedures in real time, all hands-free without taking workers’ eyes off the task, making the smart connected worker a reality.

The Plynk Spatial™ app turns stock research, portfolio management, and trading into a spatial experience coming for the first time to OST XR glasses with XREAL AURA. Instead of viewing markets through flat charts on a phone or laptop, through XREAL AURA, Plynk Spatial™ users can explore 3D market visualizations, interact with spatial heatmaps, view sector performance in layouts, analyze portfolio holdings in 3D space, track market movers, and execute trades directly inside AURA, all while not losing sight of their real world surroundings.

Reserve XREAL AURA Now, Secure Your Spot at Launch

Reservations for XREAL AURA are now available for $99 USD at XREAL.com/aura for US, UK and Japan.

For a limited time two-week launch offer, reserve XREAL AURA with a $99 USD Launch Credit and receive $199 USD credit toward your purchase at launch later this year —saving you $100 on the final price. Launch Credit holders will receive priority shipping access when AURA becomes available, along with early customer support and launch updates.

XREAL also announced the XREAL AURA Founder Priority Pass. Starting today, the Founder Priority Pass will be limited to 2,000 reservations globally and is designed for early adopters, developers, creators, and consumers who want XREAL AURA on day one. Those customers who reserve AURA with a $299 USD deposit secure guaranteed launch-day delivery in supported launch regions when XREAL AURA releases later this year plus numbered special edition hardware.

In addition, XREAL announced Best Buy as its first in-store retail partner for the U.S. launch of XREAL AURA.

Coming Later This Year

XREAL is targeting a wave 1 launch of XREAL AURA in the Fall in US, UK, Japan, Canada and South Korea with additional Europe markets* coming soon after.

“With Android XR, Gemini, Snapdragon Reality Elite, and an incredible ecosystem of developers and partners, XREAL AURA marks the beginning of a new era for spatial computing glasses,” said Xu. “The road to release starts now!”

*Europe markets: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia (Czech Republic), Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden

Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated.

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NetActuate Expands Networking Platform for the Independent, AI-Ready Edge, Adding Cloud Routers, Magic Mesh, Stateful Firewall, and VPC Load Balancing

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June 16, 2026

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New capabilities give infrastructure teams hyperscaler-grade networking (Cloud Routers, Magic Mesh, a stateful Firewall, and VPC Load Balancing) with the visibility, control, and cloud independence to build on their own terms, not their provider’s.

RESEARCH TRIANGLE, N.C., June 16, 2026 /PRNewswire/ — NetActuate, a global provider of edge infrastructure and Anycast network solutions across 45+ markets worldwide, today announced a major expansion of its Networking platform. The release introduces Cloud Routers, Magic Mesh, stateful firewalling, and VPC Load Balancing, alongside a redesigned Networking portal that gives customers deeper visibility and full self-service control over their networking resources.

Three forces are reshaping how companies think about infrastructure. AI and real-time workloads are pushing compute, inference, and data closer to users and out to the edge. A growing cost-and-repatriation backlash is exposing the real price of hyperscaler lock-in and egress fees. And tightening data-sovereignty and geographic-compliance requirements are forcing teams to control where their traffic and data actually live. Each points the same direction: companies want infrastructure they own and operate on their own terms, with the routing, resilience, and DDoS protection to back it up. NetActuate’s expanded Networking platform is built for that shift.

“The hyperscaler era trained teams to trade control for convenience, and they’re done making that trade,” said Mark Mahle, CEO of NetActuate. “This release gives customers hyperscaler-grade networking primitives with none of the lock-in. They can architect exactly the network they need and run all of it from a single portal, with the transparency and flexibility that independent infrastructure demands.”

What’s New: Products and Platform Capabilities

Cloud Routers
Cloud Routers let customers deploy fully functional, web UI- and API-managed virtual routers, directly within the NetActuate platform. They support multiple VRFs natively, static and BGP routing, full SNAT and DNAT configuration, and WireGuard tunnels, and they integrate with any NetActuate service. That makes them especially powerful paired with VPC for BGP routing into third-party platforms, Internet Exchanges, or enterprise networks.

Magic Mesh
Magic Mesh interconnects two Cloud Routers with a single click, letting customers build their own overlay networks from the portal or API. Teams can stitch together sites across the NetActuate platform, or across other clouds entirely, to create private, multi-site networks without the manual configuration that usually comes with it. Cross-cloud mesh connectivity is supported out of the box.

Stateful Firewall
A fully stateful Layer 3 firewall is now available for NetActuate’s edge IaaS. Customers can define rule sets, assign them to virtual machines, and have firewalls apply automatically at deployment, all through the portal or API. The result is enterprise-grade network security that travels with the workload, without the per-feature billing and lock-in that come with the hyperscalers’ equivalents.

VPC Load Balancing
VPC Load Balancing lets customers deploy load balancers directly onto VPC resources, bringing traffic distribution and resilience to private cloud environments. It’s the first step on a roadmap toward edge balancers, load balancers deployable to any PoP or fronted by Anycast, that will distribute traffic across the full NetActuate platform and third-party infrastructure alike.

Enhanced BGP Features
The release also brings enhanced BYOIP/BGP unicast capabilities for customers on colocation, bare metal, or VM deployments who aren’t using the BGP Anycast platform. New automation includes on-demand IRR/RPKI updates and hundreds of BGP communities, fully automatable through NetActuate’s suite of DevOps tooling.

Visibility and Control in the Customer Portal
Every one of these capabilities is configurable, monitorable, and manageable from the NetActuate Customer Portal. The release reorganizes the Networking section around the expanded suite and adds new layers of observability: customers can pull analytics on any prefix, with group- and prefix-level views of inbound traffic, the busiest data centers and nodes, and full traffic-source detail.

Together, these capabilities give teams a complete, self-service way to stand up and run their own network infrastructure (unicast, BGP, or Anycast) on infrastructure they control. Take a closer look at the Networking platform and view the NetActuate Portal Demo Overview video.

About NetActuate
NetActuate delivers edge infrastructure and network solutions in over 45 locations worldwide, enabling customers to take control of their workloads anywhere, with low latency, resiliency, and security built in. Our Open Network Edge (ONE) IaaS, built on open-source software and standards, provides everything needed to architect cloud environments and extensible infrastructure. Choose between VMs, Kubernetes, cloud, colocation, bare metal, and storage infrastructure, all with Anycast connectivity. We offer 24×7 support, expert consulting, and flexible, open solutions engineered for scalability and performance.

To schedule a call with NetActuate engineers or learn more, visit netactuate.com. For technical insights on improving reliability, reducing latency, and simplifying architecture at the network level, visit anycast.com.

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