RE: Wow, Oman government deal soon, EXR Licensed to Ficus Korea22 May 2026 12:00
Https://www.fm.gov.om/en/40684/
that is correct. Ficus Korea is an official master license partner for ENGAGE XR (which trades under the ticker EXR on the AIM market).
Rather than selling physical products, Ficus Korea licenses and distributes ENGAGE XR’s virtual reality (VR) and spatial computing platform, focusing primarily on corporate training, education, and metaverse ecosystem development in their region.
The Mechanics of the Partnership
The Software Engine: ENGAGE XR (the Irish-based tech company) provides the core metaverse platform, content creation tools (ENGAGE Create), and spatial AI architecture.
The Regional Contractor: Ficus Korea operates as the strategic partner on the ground. Instead of ENGAGE XR selling directly to regional clients, Ficus Korea handles localized training, content building, and implementations.