Matterport Inc (MTTR) News

Makes sense much appreciated. Was trying to figure out to cash the ticket or ride the wave to a tad more gross. Pigs get fat hogs get slaughtered kinda deal. Thanks

MTTR Monster move get ready for FOXO

If the deal closes then you will receive $2.75 cash + xx number of shares of CoStar. If the price of CoStar goes up versus Friday’s closing price then you will get a few more shares but will lose shares if price goes down.

Market makers will try and arbitrage the price, which is why it trades at a discount to the implied $5.50/share value. The current share price will narrow over the next few weeks as the market seemed to like the merger (CSGP stock went up) .

Most retail will just sell now to lock in a good % move and not worry if the price is going to tank if for some reason the deal can’t get done.

There could always be a second bidder in the wings willing to offer something higher (Zillow, Redfin) but my guess is it won’t happen because MTTR would have to pay a big break up fee to CSGP.

So if shits that’s the floor? Do you punt now? Honestly never been in this scenario

Buy out by CoStar Group @$5.50 .

$2.75 cash, $2.75 in shares of CSGP.

Let's take off! Finally

More good news news that means nothing: Matterport Partners with Arcadus to Deliver Digital Twins to US Public Sector With Federally Compliant Matterport for Government Offering

NO ONE will talk me out of selling this when and if it ever hits $4!

Targeted, per usual!

One day, this will get back to my AVG. and I will SELL

This needs to return to it's previous glory......IF the MMs could just leave it alone

Matterport Inc NASDAQ: MTTR

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Information Technology : Software | Small Cap ValueCompany profile
Matterport, Inc. is a digitization and datafication company. The Company’s technology is focused on digitizing, accessing and managing buildings, spaces and places online. The Company’s technology platform uses spatial data collected from a variety of digital capture devices to transform physical buildings and spaces into dimensionally accurate, photorealistic digital twins that provide its subscribers access to previously unavailable building information and insights. The Company has developed and scaled its three-dimensional (3D) reconstruction technology powered by Cortex, its artificial intelligence (AI)-driven software engine that uses machine learning to recreate a photorealistic, 3D virtual representation of an entire building structure, including contents, equipment and furnishings. The Company serves residential and commercial real estate, facilities management and retail, engineering and construction (AEC), insurance and repair, and travel and hospitality.

34000 SHARE BUY $$$$$$$ ANOTHER MONSTER BUY, AFTER HOURS

40000 SHARE BUY LITTLE MONSTER HERE $$$$$$$$$$$$$

How did this share price ever get so high. The chart looks a bitcoin retracement.

I just started following the company on earnings day. Nice early gain and then the buying stopped. I will speculate that tax selling might drive this stock into the mid-2's by mid December. Took a shot with 1/2/24 calls and will buy more if it goes lower.

MTTR

They do have a niche market. It should go a long way like zoom did during covid time. MTTR did begin in covid time but covid or no covid business to grow exponentially.

LOL, nope!
Patience! These guys are profitable correct?
net losses in every TTM so far

that makes the valuation shift to other factors, many of which are positive

but profits?? wishful thinking at this time

I'll be patient on the sidelines, because holding a stake in a loser is a sideways trade at best in nearly all cases

Especially in fresh IPOs

IMO

cheers

spec

Patience! These guys are profitable correct? Wait til the Red Wave rendering Pres Numb Nuts useless

You're not alone. Josh Brown a frequent guest on CNBC has been pounding the table on MTTR and spoke of buying it in the 20's often. Some of his other buys on CNBC have been losers as well. Of course.....this is a much different market and world now with inflation around.

cant believe I bought this pos at 32.84 on news it might be bought by Meta..Then I BLINKED and it was below 5.............bag holder for life.

Cathy Woods dumped, so time to move up!

Grasso takes the cake on Pump and Dumps, this looks interesting here jmo

MTTR sinking (stinking) so where is Josh Brown who pumped MTTR over and over on CNBC when it was in the teens and 20's!

Just took a position here. 3 month daily chart is showing a stair stepping upward trend. A very mild trend, but still upwards.

Still in….probably won’t look at it for a few years….

You still in?

Be nice to push back into the 9s or higher this month

Looking good today

Looking good today

Damen Shipyards Uses Matterport Digital Twins to Accelerate Workflow and Enhance the Customer Experience
2022-03-22 09:21:39 AM ET (GlobeNewswire)
   
   
Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that Damen Shipyards Group ("Damen"), a Dutch-owned shipbuilding company with operations in 120 countries and delivering 175 vessels annually, has adopted Matterport digital twins to facilitate remote collaboration for internal and external stakeholders. With access to Matterport's rich, dimensionally accurate data, Damen has applied an innovative approach to drive customer satisfaction.

<img alt="Damen Shipyards" data-mce-src="/api/ImageRender/DownloadFile?resourceId=eb84fc46-e871-4488-9539-8fa4a847d29b&size=3" height="337" name="GNW_RichHtml_External_IMG" src="https://ml.globenewswire.com/Resource/Download/eb84fc46-e871-4488-9539-8fa4a847d29b" width="600" />

"When we discovered Matterport, we quickly realized the power of the digital twin to unlock collaboration and engagement with our designers and our customers," said Jan-Jaap Eits, Assistant Project Manager at Damen Shipyards. "Today, we use Matterport to allow our customers to remotely review and inspect every compartment and detail of a vessel within a 3D space. Internally, our design and engineering teams have access to detailed measurements and layouts to further enable them to work more efficiently and avoid costly and time-consuming site visits."

Across its Workboat Division, including its major shipyards in China, Turkey and Vietnam, Damen uses Matterport Pro2 3D cameras to capture digital twins of its vessels. With access to a 3D space in the planning stage, customers can examine the layout and placement of equipment and request modifications if desired. Once a design is finalized, Damen shares its digital twin internally with their service department, enabling them to gain a better understanding of the vessel when it is completed and delivered. In addition, the Measurement Mode capability within a Matterport digital twin allows Damen's design and engineering personnel to verify measurements down to the centimeter, including room layouts and the placement of everything from windows and doors to hardware and equipment, all without conducting a site visit.

With its growing library of digital twins, Damen developed a 3D archive of its vessels to support bookkeeping efforts and to prevent operational difficulties in the future. In addition, the company's digital record of its builds will facilitate knowledge transfer and training when longtime Damen employees retire or leave the company in the future.

"The growing adoption of Matterport across several industries, from store management to commercial boats, demonstrates that digital twins add operational efficiency and engage customers throughout their journeys," said Conway Chen, VP of Business Development and Strategy at Matterport. "With Matterport digital twins at their fingertips, Damen is able to further advance its reputation as a technology-driven organization focused on providing the best experience for its customers."

Read the case study to learn more about how Damen Shipyards used Matterport here, or learn more about Damen Shipyards at www.damen.com.

About Matterport

Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins.

Looking to get in. Liquidating some cash. One for the long term. Tech is probably going to continue to get hit hard if we go into a bear market.

Neb - believe you're in a good spot. I ventured in mid February and averaged down with recent purchases. I hope this is MTTR's bottom range... Best of luck to all!!

Just jumped in today. Wish I caught this a little close to the 52 week low...

New here. Picked up 800. Did I jump in to early?

Same dude.. just same lol

Gotcha, thx

Quadrupled my position today in the $6.60 range.

Time will tell if I'm right or wrong. They need to show much higher sales growth QOQ so the market can see that users are adopting their technology.

Jayzus Chroist

China and Hong Kong-based Residential Real Estate Company Midland Holdings to Digitize its Property Portfolio with Matterport
2022-02-14 09:15:00 AM ET (GlobeNewswire)
   
   
Matterport, Inc. ("Matterport") (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that Midland Holdings, one of the largest residential real estate (RRE) brokerages in the Greater China region, will become the first brokerage in the region to use Matterport digital twins to create virtual 3D experiences for its entire portfolio of properties. Using Matterport, the company will provide its customers with easy-to-use, 3D versions of its network of properties through China, Hong Kong, and Macau while also realizing significant operational improvements and cost savings.

"As an industry leader, continuing to invest in the right technology to support our business is crucial to our success," said Angela Wong, Vice Chairman of Midland Holdings. "Using Matterport digital twins will provide a better experience for our customers while also allowing us to act as a pioneer in transforming the home shopping experience in China and Hong Kong."

Midland Holdings' use of Matterport digital twins represents a significant milestone for the RRE industry in China, changing the way that customers have been able to traditionally view, buy, or rent homes. By using Matterport's digital twin capture technology, Midland Holdings will be able to provide customers with on-demand, virtual access to its expansive list of for sale and rent properties in the Greater China region. Customers can now virtually tour the bedrooms, kitchen, and living spaces of any number of properties, making purchase and rental decisions from the comfort of their own home.

In 2016, Midland Holdings became the first Hong Kong-based real estate brokerage to launch a Virtual Reality (VR) panoramic property viewing service. With digital twins, Midland Holdings can also virtually furnish or stage its properties, allowing customers to more easily visualize how an empty space can be used, and, if interested, customers can also purchase the furniture they see on a property through a virtual marketplace with just a single click. The added e-commerce offering will provide customers a way to furnish their home with what they see in the virtual experience, reducing the stress that is often associated with moving into an unfurnished home.

"Matterport is pleased to partner with Midland Holdings as they adopt our digital twin technology across their portfolio," said Ben Corser, APAC Managing Director of Matterport. "As renters, buyers and sellers come to understand the impact and value of our technology, the residential real estate industry has continued to increase their adoption of digital twins to meet customers' needs. We look forward to collaborating with Midland Holdings to deliver digital twins for their properties and provide a more efficient, immersive experience for their customers."

About Matterport

Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our ground-breaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 194 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins. For the company logo and more images, see our media kit.

About Midland Holdings

Deeply rooted in Hong Kong for almost half a century, Midland Realty was established in 1973 as a small shop which has grown in tandem with Hong Kong's economy. In 1995, Midland Holdings Limited (Stock Code: 1200) became the first listed real estate agency group in Hong Kong. The Group now possesses over 600 branches and nearly 8,000 employees, providing not only real estate agency services, but also financial services, property surveying and immigration consultancy. Having a strong foothold in Hong Kong, the Group is connecting with the whole world. Our footprints extend from Hong Kong, Macau and Mainland China, to cities in Australia, Canada, the United States and Europe.

John-Knee
What do you think about this??
They own tech??


Creating a digital twin
Waabi’s competitors are tackling simulation by getting artists to create three-dimensional CAD models of the world and assign material properties for every object, like trees and buildings, Urtasun said. Those objects are either manually composed together to create a scene or the artists use automation techniques like procedural generation that combine human-generated assets and algorithms to create a bigger artificial world out of the little pieces.
“Our approach is very different,”[t][/t]
“We utilize AI to recreate digital twins from everywhere that we have driven. Every time that you have a vehicle driving, collecting data, we can recreate that and we can recreate that with super high fidelity and we only need to observe it once. So this technique scales so much better.”

In other words, Waabi World includes an AI system that takes the raw sensor data and automatically creates a digital twin with it – no artists or procedural generation needed.

https://techcrunch.com/2022/02/09/waabis-new-simulator-could-scale-autonomous-vehicle-tech-faster/

Matterport Introduces Axis, a New Hands-Free Motor Mount for Precision 3D Capture for Smartphones
2022-02-08 09:27:51 AM ET (Globe Newswire)
   
   
Matterport Axis is available with special pre-launch pricing starting today

SUNNYVALE, Calif., Feb. 08, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced Matterport Axis(TM), a revolutionary motorized mount that works with a smartphone to capture 3D digital twins of any physical space with increased speed, precision, and consistency. This convenient, hands-free solution produces reliable high-fidelity results with just a click of a button. From homes to offices, hotels, rentals, retail locations, even a factory floor, Matterport Axis is the most affordable way to supercharge 3D capture using just the phone in your pocket. With Axis, the company aims to accelerate the digital transformation of the built world by making it effortless for anyone with a smartphone to digitize any kind of space with a new level of precision and ease of use.

Starting today, Matterport Axis is available with special pre-launch pricing of just $59, by securing a place on the Axis waitlist at Matterport.com. The official launch date is April 1 when general availability pricing will start at $79. All waitlist sign-ups received by March 31 will qualify for pre-launch pricing, subject to terms and conditions. Matterport has also enlisted its premier e-commerce partners, Adorama and B&H, to bring Matterport Axis to market. The special pre-launch pricing will also be available at both of these websites starting today.

Customers across a variety of industries use Matterport to virtually measure, document, manage, and promote their properties online. Now, with Matterport Axis, organizations across the globe can scale up their efforts to affordably capture high-fidelity digital twins at multiple locations simultaneously. Distributed teams get reliable, consistent results from their smartphones, and Axis helps to ensure that every scan from every location achieves the same level of precision. Matterport Axis simplifies deployments across all industries including:

- Retail and Hospitality. On-site employees can use Matterport Axis and the smartphone in their pocket to reliably capture a digital twin from every location across a chain of properties. This enables merchandising teams and facility managers to virtually inspect, plan, and manage multiple locations online, eliminating routine travel and on-site visits while rapidly increasing productivity.

- Real Estate. Professionals, property managers, and vacation rental owners can now create digital twins with greater speed and ease with Axis' affordable, hands-free 3D capture - to publish stunning virtual tours online in less than an hour.

- Construction and Insurance. Builders and insurance adjusters can readily deploy multiple Axis units to the field to accurately scan and share detailed digital twins from any compatible smartphone, for every stage of the job. Enabling remote inspection, tracking, and management with contractors and building specialists anywhere in the world.

"At Matterport, our mission is to make every space more valuable and accessible, and with Matterport Axis, we're excited to help our customers bring their properties online so that they can manage them anytime, anywhere," said Japjit Tulsi, Chief Technology Officer of Matterport. "We have democratized 3D capture by making the Matterport Capture app available to billions of Android and iOS users. Combined with Matterport Axis, we've made it even simpler for individuals, small businesses, and large multi-property enterprises to quickly and reliably scale the digitization of their properties at an affordable price."

To learn more about Matterport Axis and sign up for the waitlist, visit: www.matterport.com/axis.

About Matterport

Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 194 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins.

Matterport To Showcase Impact of Digital Twins for Architecture, Engineering, and Construction Industry at its Popular Space Jam Competition
2022-02-07 09:15:01 AM ET (GlobeNewswire)
   
   
Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced it will host the next installment of the Matterport Space Jam virtual event series, featuring four of its platform partners that are building software solutions on top of Matterport's digital twins for the Architecture, Engineering and Construction (AEC) industry. The virtual event will take place on February 24 at 8:30 am PT, offering attendees an opportunity to learn how four Matterport Platform Partners build solutions for the AEC industry on top of Matterport digital twins.

During the event, each platform partner will demonstrate its products in respective 5-minute sessions and field questions from attendees. Once demonstrations and questions have concluded, attendees can vote on their favorite presentation. The event will feature the following Matterport platform partners:

e-Building - a powerful document manager, e-Building allows users to manage all their building information modeling (BIM) files on a single platform and digitally link them directly to exact locations within a Matterport digital twin.

RemSense - an industrial software package that uses Matterport imagery with layers of information from client management systems (CMS) to help solve engineering challenges.

SIMLAB Stages - a tool used by the AEC industry to create a living timeline of site progress for any project at any stage, allowing users to view and collaborate on the project at different points in time.

Nspect - a solution that takes Matterport data and allows users the ability to create an inspection report, a quality control review, safety inspection, or a work plan for a site all overlaid onto a Matterport digital twin.

"With the addition of BIM file, Autodesk Revit Plugin, and Notes feature, Matterport continues to support the AEC industry with innovative solutions that increase project efficiency, boost productivity, and reduce costs," said Stephanie Lin, Sr. Director of Strategy for AEC at Matterport. "We are excited to showcase our innovative platform partners to the AEC industry and highlight how solutions built on top of Matterport digital twins can improve AEC workflows and stakeholder coordination while helping firms and owners alike save costs by reducing in-person site visits and streamlining the design and project management process."

Register to attend Matterport Space Jam for AEC here.

About Matterport

Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 194 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins.

Buying this here is a freaking steal! Thanks Wall Street

Orangetheory Fitness Adopts Matterport Digital Twins to Manage Studio Operations
February 02 2022 - 09:15AM
GlobeNewswire Inc.

Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that Orangetheory®, the fast-growing fitness franchise, will utilize Matterport Capture Services to scan and create digital twins of all its U.S. studios, ensuring design and layout are consistent with global brand guidelines. With more than 1,250 studios across the U.S., Orangetheory’s operational teams will gain significant cost and time savings by enabling highly efficient collaboration, analysis, and decision making using digital twins of its studios remotely.

“As we continue to grow the number of our studios across the U.S. and across the globe, it becomes increasingly difficult to access information about specific locations and make informed business decisions,” said Mike Mettler, Chief Development Officer of Orangetheory Fitness. “With Matterport digital twins, we become equipped with accurate, reliable data that allows us to improve our studios and better serve our members. Throughout the process, the efficiency and ease of Capture Services saves us thousands of dollars in travel and labor costs.”

To ensure consistency across its U.S. studios, Orangetheory requires accurate, up to date visuals of new and existing locations. Using Matterport Capture Services to create digital twins – photorealistic, 3D replicas of each studio – the company can virtually assess whether a studio is consistent with brand guidelines and advise on required updates, reducing the travel and time required to verify conditions of all locations. In addition, Orangetheory franchisees equipped with a digital twin of their studio can provide a 3D walkthrough of their space for prospective members.

“Orangetheory is a great example of a retailer with the newfound ability to improve their operations across many studio locations, by using digital twins to streamline a typically lengthy and costly process,” said Stephanie Lin, Senior Director, Global Retail Strategy for Matterport. “Matterport simplifies the process of obtaining site measurements, verifying store design and layouts, and the ongoing coordination and documentation required between teams. All of this enables retailers to make quicker, well informed decisions that will significantly improve productivity and reduce travel expenses from costly site visits.”

Learn more about Matterport for Retail here. See a Matterport digital twin of the Orangetheory location in Fulshear, Texas here.

About Matterport

Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 194 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins.

©2022 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.

Deutsche Bank Initiates Coverage on Matterport With Buy Rating, $14 Price Target
2022-02-02 08:06:11 AM ET (MT Newswires)
   
   
08:06 AM EST, 02/02/2022 (MT Newswires) -- Matterport (MTTR) has an average rating of buy and price targets ranging from $14 to $38, according to analysts polled by Capital IQ.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe.

https://www.globenewswire.com/news-release/2022/01/31/2375873/0/en/Matterport-Appoints-Tom-Klein-as-Chief-Marketing-Officer.html

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What a pos market is up 300 point this junk is still red.???imo

https://www.fool.com/investing/2022/01/27/2-no-brainer-metaverse-stocks-you-can-buy-for-just/

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Yea I bought around 15 dumped at 30 bought back in and now am accumulating. Lol at least my version of it. Best of luck to you as well!

It's wild. Lots of good news rolling in too. I kinda thought it bottomed around 12 ,,13 but it keeps dropping. I tried averaging down a bit but now I'm waiting and watching. I got in around 14 btw, and thought it was a bargain. Like I said, trading these days is wild.