Are you looking for cheap (by cheap I mean small-cap) virtual reality or augmented reality stocks to buy? The list of VR/AR penny stocks below are why you should stop looking.
The virtual and augmented reality market was valued at $11.35 billion in 2017 and is expected to grow at a CAGR of 63.3% to reach $571.42 billion by 2025.
If that’s not an indication that the virtual reality (VR) and augmented reality (AR) market is a fast growing one, I don’t know what is.
To invest in this fast growing sector, here are the list of Virtual Reality (VR) and Augmented Reality (AR) penny stocks under $10 to consider:
1. 3D Systems Corporation
3D Systems Corporation, through its subsidiaries, provides 3D printing and digital manufacturing solutions worldwide.
The company offers 3D printers, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, and color jet printers that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names. It also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, polymeric dental, and Class IV bio-compatible materials.
In addition, the company provides digital design tools, including software, scanners, and haptic devices, as well as solutions for product design, mold and die design, 3D scan-to-print, reverse engineering, production machining, metrology, and inspection under the Geomagic, Cimatron, and GibbsCAM brands.
Further, it offers 3D Sprint and 3DXpert, a proprietary software to prepare and optimize CAD data and manage the additive manufacturing processes, which provides automated support building and placement, build platform management, and print queue management; and 3D virtual reality simulators and simulator modules for medical applications under the Simbionix brand, as well as digitizing scanners for medical and mechanical applications.
Additionally, the company provides warranty, maintenance, and training services; on-demand manufacturing solutions; and software and precision healthcare services.
It primarily serves companies and small and midsize businesses in medical, dental, automotive, aerospace, durable good, government, defense, technology, jewelry, electronic, education, consumer good, energy, and other industries through direct sales force, as well as partner channels and distributors.
The company was founded in 1986 and is headquartered in Rock Hill, South Carolina.
2. GameStop Corp.
GameStop Corp. operates as a multichannel video game and consumer electronics retailer in the United States, Canada, Australia, and Europe.
The company sells new and pre-owned video game hardware; video game software; pre-owned and value video games; video game accessories, including controllers, gaming headsets, virtual reality products, memory cards, and other add-ons for use with video game hardware and software; and digital products, such as downloadable content, network points cards, prepaid digital and prepaid subscription cards, and digitally downloadable software, as well as collectible products.
It also sells collectibles comprising licensed merchandise primarily related to the video game, television, and movie industries, as well as pop culture themes; gaming-related print media, and mobile and consumer electronics; PC entertainment software in various genres comprising sports, action, strategy, adventure/role playing, and simulation; and strategy guides, magazines, and interactive game figures.
In addition, the company operates e-commerce sites under the GameStop, EB Games, Micromania, and ThinkGeek brands; and collectibles stores under the Zing Pop Culture and ThinkGeek brand, as well as Game Informer, a video game magazine. Further, it operates 43 Simply Mac branded stores, which sell Apple products, including desktop computers, laptops, tablets and smart phones, and related accessories and other consumer electronic products, as well as warranty and repair services. As of April 2, 2019, the company operated 5,800 stores across 14 countries.
The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1994 and is headquartered in Grapevine, Texas.
3. IMAX Corporation
IMAX Corporation, together with its subsidiaries, operates as an entertainment technology company that specializes in digital and film-based motion picture technologies worldwide. It offers cinematic solution comprising proprietary software, theater architecture, intellectual property, and equipment. The company offers Digital Re-Mastering (DMR), a proprietary technology that digitally enhances the image resolution, visual clarity, and sound quality of motion picture films for projection on IMAX screens; IMAX premium theater systems to exhibitor customers through sales, long-term leases, and joint revenue sharing arrangements; film post-production services; and camera and other miscellaneous items rental services, as well as distributes documentary films; and owns and operates IMAX theaters.
It also designs, manufactures, installs, sells, and leases IMAX theater projection system equipment; maintains IMAX theater projection system equipment in the IMAX theater network; distributes and licenses original content, virtual reality, IMAX home entertainment, and others; and sells or leases its theater systems to theme parks, private home theaters, tourist destination sites, fairs, and expositions, as well as engages in the after-market sale of projection system parts and 3D glasses.
The company markets its theater systems through a direct sales force and marketing staff. It owns or otherwise has rights to trademarks and trade names, which include IMAX, IMAX Dome, IMAX 3D, IMAX 3D Dome, Experience It in IMAX, The IMAX Experience, An IMAX Experience, An IMAX 3D Experience, IMAX DMR, DMR, IMAX nXos, and Films To The Fullest. As of December 31, 2019, the company had a network of 1,624 IMAX theater systems comprising 1,529 commercial multiplexes, 14 commercial destinations, and 81 institutional facilities operating in 81 countries and territories.
IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada.
4. Kopin Corporation
Kopin Corporation invents, develops, manufactures, and sells various components and systems in the United States, the Asia-Pacific, Europe, and internationally.
It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, application specific integrated circuits, backlights, optical lenses, and audio integrated circuits, as well as SOLOS smart glasses, which are hands-free head-worn devices that obtain information from sensors or the Internet via a smartphone and displays the information on the sunglass lens.
The company’s products are used in industrial and public safety applications; consumer augmented and virtual reality wearable headsets; soldier, avionic, and military armored vehicle applications; 3D optical inspection systems; and training and simulation markets.
Kopin Corporation was founded in 1984 and is headquartered in Westborough, Massachusetts.
5. Liquid Media Group Ltd.
Liquid Media Group Ltd. operates as a media and entertainment company. It produces content for various platforms, including film, TV, gaming, and virtual reality through its network of shared services.
The company also develops mobile, console, and desktop downloadable games. Liquid Media Group Ltd. is headquartered in Vancouver, Canada.
6. Avid Technology, Inc.
Avid Technology, Inc. develops, markets, sells, and supports software, hardware, and integrated solutions for video and audio content creation, management, and distribution worldwide.
The company’s video products and solutions include the Media Composer, which is used to edit video content, such as television programming, commercials, and films; Avid NEXIS shared storage systems; and Maestro product line solutions for the integration of virtual sets, augmented reality, and video wall control into existing workflows.
Its audio products and solutions include Pro Tools digital audio software solutions to facilitate the audio production process, including music and sound creation, recording, editing, signal processing, integrated surround mixing and mastering, and reference video playback; Sibelius, which allows users to create, edit, and publish musical scores; S6 that offers complementary control surfaces and consoles; and VENUE | S6L live-sound systems.
The company also provides Avid Link, a mobile application to connect with other artists, producers, mixers, composers, editors, videographers, movie makers, and graphic designers; FastServe video server that assists broadcasters in making the move to UHD and IP based workflows with a new and modular architecture; and hardware products, such as I/O devices, interfaces, and audio and video processing equipment.
In addition, it offers various service contracts and support plans; professional services, such as workflow design and consulting, program and project management, system installation and commissioning, and custom development and role-based product level training; and public and private training to customers and alliance partners, as well as develops and licenses curriculum content for use by third party Avid Learning partners to deliver training to customers, users, and alliance partners.
Avid Technology, Inc. was incorporated in 1987 and is headquartered in Burlington, Massachusetts.
7. Fujian Blue Hat Interactive Entertainment Technology Ltd.
Fujian Blue Hat Interactive Entertainment Technology Ltd. produces, develops, and operates augmented reality (AR) interactive entertainment games and toys primarily in the People’s Republic of China. It offers interactive educational materials, mobile games, and toys with mobile game features.
The company’s AR interactive products include AR Racer, a car-racing mobile game with a small physical toy car that allows users to virtually race one another through a simulated racing track, as well as to engage in individual races; AR Need a Spanking, a combat game with a ladybug shaped electronic toy; AR 3D Magic Box, an educational toy with built in quizzes and games for users between the ages of 3 and 9; and AR Picture Book, an AR platform that educates children on interpersonal skills, logical thinking, and other specific topics.
It serves the Chinese generation between the ages of 3 and 23. The company sells its products through distributors, e-commerce platforms, and supermarkets, as well as exports its products.
Fujian Blue Hat Interactive Entertainment Technology Ltd. was founded in 2010 and is headquartered in Xiamen, China.
8. Cemtrex, Inc.
Cemtrex, Inc. operates as a technology company in the United States and internationally. The company operates through Advanced Technologies and Industrial Services segments.
- The Advanced Technologies segment provides IoT products, wearables, and smart devices under the SmartDesk name for mobile, Web, virtual and augmented reality, wearables, and television markets; and security and video surveillance, as well as develops various applications for virtual and augmented reality markets. This segment also offers browser-based video monitoring systems and facial recognition systems, cameras, servers, and access control systems for security and surveillance in industrial and commercial facilities, federal prisons, hospitals, universities, schools, and federal and state government offices.
- The Industrial Technology segment offers single-source services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to diversified customers. This segments installs high precision equipment in various industrial markets comprising automotive, printing and graphics, industrial automation, packaging, chemicals and others; and provides maintenance and contracting solutions for the machinery, packaging, printing, chemical, and other manufacturing markets.
The company was formerly known as Diversified American Holding, Inc. and changed its name to Cemtrex, Inc. in December 2004. Cemtrex, Inc. was incorporated in 1998 and is headquartered in Brooklyn, New York.
9. Vuzix Corporation
Vuzix Corporation designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices in North America, the Asia-Pacific, Europe, and internationally.
The company offers its products in the form of smart glasses and AR glasses. Its products include monocular smart glasses for enterprise, industrial, commercial, and medical markets; and blade smart sunglasses for applications ranging from basic text messaging and answering the phone to overlaying mapping directions, menus, weather, events, stock quotes, video conferencing, sports updates, social feeds, bio-metrics, and others.
The company is also developing a binocular AR smart glasses product that provides the user a live, direct, or indirect view of a real-world environment. Its AR wearable display devices are worn like eyeglasses or attach to a head worn mount to view, record, and interact with video and digital content, such as computer data, the Internet, social media, and entertainment applications. In addition, the company offers an app store on its Website, which enables users to download and purchase applications, including third party applications; applications that provide the benefits of smart glasses to users; and Vuzix Remote Assist that offers remote telepresence capabilities.
Further, it provides waveguide optics and design reference kits; custom and engineering solutions; and defense and security products. Vuzix Corporation offers its products directly to enterprise and end users, as well as through specialty retailers, online retailers, distributors, value-added resellers, and Web stores.
The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in 2007. Vuzix Corporation was founded in 1997 and is headquartered in West Henrietta, New York.
10. WiMi Hologram Cloud Inc.
WiMi Hologram Cloud Inc. provides augmented reality (AR) based holographic services and products in China.
The company offers holographic AR advertising services and holographic AR entertainment products.
Its holographic AR advertising software enables users to insert into video footages real or animated three-dimensional objects; and online holographic AR advertising solution embeds holographic AR ads into films.
The company’s holographic AR entertainment products consist primarily of payment middleware software, game distribution platform, and holographic mixed reality software.
The company was founded in 2015 and is headquartered in Beijing, the People’s Republic of China.
I’m a Technology Stock Analyst, with focus on companies developing cutting-edge techs. Keeping track of cutting-edge techs, companies and stocks is what I do almost everyday. And I love it. Whether it’s artificial intelligence, 5g, or autonomous vehicles; I’m all in.