Matterport Reinvents the Digital Twin with the Revolutionary Pro3 Camera and New Cloud Platform
Breakthrough innovations in 3D capture technology and AI-powered digital twin software create new ways for enterprises to market and manage properties digitally SUNNYVALE, CA -- Matterport, Inc. today introduced the all-new Matterport Pro3 Camera along with major updates to its industry-leading digital twin cloud platform. The Pro3 is a breakthrough in 3D capture technology, ready to digitize every aspect of the physical world, indoors and outdoors. Matterport's next-generation digital twin platform builds on the company's groundbreaking immersive virtual experiences to enable advanced workgroup collaboration and productivity, delivering cost savings and revenue growth for organizations of all sizes, from small businesses to global enterprises. These new offerings arrive as global demand for digital twins – visually immersive, interactive 3D models of buildings and spaces – continues to rise. Forrester Research reports 55% of global software technology decision makers are already adopting digital twins. As an industry leader, Matterport saw 52% growth in total subscribers in the second quarter compared to the year ago period, and already serves 23% of the Fortune 1000 with its digital twin platform. "Today marks a pivotal breakthrough in 3D technology with the introduction of the most powerful products Matterport has ever created," said RJ Pittman, Chairman and Chief Executive Officer, Matterport. "Our new Pro3 camera and cloud platform create some of the world's most accurate, immersive, and stunning digital twins. The opportunity has never been greater for companies to embrace the power of Matterport digital twins to transform their business." Matterport for Enterprise Digital twins empower business leaders to confidently navigate an uncertain economic environment while accelerating the productivity of a mobile and remote-first workforce; 79% of business leaders cite cost savings and 71% point to operational efficiencies as the key drivers of their digital twin investments. It's why the new Pro3 camera and cloud platform were built for the demands of enterprises with scalability, reliability, and security at the core, making Matterport's digital twin platform one of the most trusted in the industry. The new Pro3 camera and cloud platform advancements make it easier than ever for customers to create immersive digital twins. Customers across sectors – factories, retailers, hotels and airlines – report digital twins have reduced project times by 30% and cut travel expenses by up to 50% through greater remote collaboration. One commercial real estate customer reported closing sales up to 85% faster. Hospitality customers find bookings and occupancy rates increase 14% for properties with a digital twin. The benefits aren't just for large enterprises – real estate agents using digital twins win up to 74% more listings and 71% of residential buyers say they would buy a home sight unseen if it had a 3D digital tour. The Matterport Digital Twin Platform Matterport has reimagined the cloud software platform that creates, publishes, and manages digital twins of buildings and spaces of any size or shape, indoors or outdoors. All of these new capabilities integrate seamlessly so customers can securely create immersive environments for their employees, customers and partners to collaborate and explore. Maximize productivity from a single digital twin with a new workgroup collaboration framework called Views, to enable groups and large organizations to create separate, permissions-based workflows to manage different tasks with different teams such as: virtual inspections, remote training, space planning, personalized virtual tours, and so much more. Views create separate, permissions-based workflows from a single digital twin Increase customer engagement, productivity and sales conversions with all-new Guided Tours and Tags to elevate the visitor experience. Now marketing and sales teams can create directed virtual tours of any commercial or residential space tailored to the interests of their visitors, and operations teams can create guided virtual training courses for remote workers. Go further with Matterport Capture Services, now supercharged with the new Pro3 camera to get the highest quality professional digital twin from an on-demand capture technician in major cities around the world. Capture Services for Enterprise can now digitize a single space to a portfolio of thousands of buildings, indoors and out. From retail chains to hotel property groups and corporate campuses – it has never been easier to get a dimensionally accurate, photorealistic Matterport digital twin to manage properties online. Matterport Capture Services brings your property to life, available on-demand globally Take the entire Matterport platform wherever you go with a fully enabled mobile solution that brings together capture, customization, view, edit, publish and restore capabilities to digital twins with the new Matterport App for iOS and Android devices. Immersive collaboration available anywhere with the Matterport App The Matterport Pro3 Camera The Matterport Pro3 Camera provides the highest accuracy digital twins of indoor and outdoor spaces The Matterport Pro3 Camera is the most advanced Matterport 3D capture device with a powerful combination of sensors working in harmony to create stunning images, both indoors and outdoors. No other camera combines the incredible power of this device at this price point, making 3D capture more widely accessible. With a custom 20 megapixel sensor and 12-element lens covering an ultra-wide angle, the Pro3 camera produces accurate, detailed digital twins in brilliant, life-like color. Breakthroughs in the high-precision LiDAR sensor enable the capture of millions of measurements in various conditions, from dim light to direct sunlight, up to a range of 100 meters at less than 20 seconds per sweep. The custom 20MP Pro3 lens covers an ultra-wide angle for life-like digital twins in any environment The Pro3 camera revolutionizes 3D capture, setting new standards for speed, fidelity, versatility and accuracy. Where interactive mesh previously had a 50k polygon limit, it is now unlimited and the mesh for large spaces can easily exceed one million polygons. New digital twins are now streamed on demand as the user moves through a space, available on mobile and web platforms for all users for faster load times, quicker frame rates, and much more detail without compromising performance. Matterport's Cortex AI engine is upgraded to capture 5x higher range, enabling customers to transform their interior and exterior spaces, even when encountering difficult foliage, lighting and reflective surfaces. The combined power of the new Matterport Digital Twin platform, Pro3 and upgraded Cortex AI result in some of the most accurate, immersive and stunning digital twins ever created. "The Pro3 camera reflects years of advanced R&D and listening closely to our customers. The result is a breakthrough in 3D capture technology," said Lou Marzano, Vice President of R&D and Manufacturing. "The demands of the digital-first industry push our product standards to new levels, making precision, range, and mobility critical to our customers' success. We put all of this together into a portable device that achieves a new threshold for price-to-performance of commercial LiDAR capture. Some of our largest enterprise customers have already put Pro3 to the test – capturing large outdoor venues from stadiums to campuses with speed and accuracy never before seen. Like the Pro1 and Pro2 that came before it, the Pro3 camera is in a class by itself and I am so proud of the team behind yet another industry first." The Pro3 camera is Matterport's lightest and most compact camera, designed for maximum portability With a striking new design that's uniquely Matterport, Pro3 is packed with groundbreaking features including: Custom built 20 megapixel sensor and 12-element lens for ultra-wide capture of large spaces Captures 100k points per second at depths ranging from 0.5m to 100m High-precision LiDAR sensor for unparalleled precision in various light conditions Camera boot time of less than 40 seconds Removable battery packs for continuous scanning, batteries fully recharge in 3.5 hours Weighing under five pounds, Pro3 is 30% smaller and 35% lighter than the Pro2 camera New tripod mount engineered for Pro3 and new cases for maximum portability and protection Pricing and Availability The Matterport Pro3 Camera is available for purchase at matterport.com/pro3 or through one of Matterport's partners, including: Amazon, B&H Photo and Video, and Adorama. Matterport Pro3 Camera is priced at $5,999 USD and includes: Pro3 Camera in Carry Case One Tripod Mount One Battery and Charging Kit One Year Warranty The Matterport Pro3 Acceleration Kit offers the best value at $7,995 USD. This bundle includes everything needed for a full day of capture: Pro3 Camera in Carry Case 10 Matterport E57 high density point cloud files to complete large projects quickly ($890 USD value) 10 MatterPaks to extract floor plans, point cloud files, and OBJ files from digital twins ($500 USD value) One Tripod Mount Two Batteries with One Charging Kit One Tripod, Wheeled Dolly, Two Door Stops, One Hard Case, and One Backpack 3-year Warranty on Pro3 Camera and Tripod Mount ($2,000 USD value) Accessories available separately in the US, UK and European Union through Amazon. For pricing information, visit Matterport's website. Pro3 camera availability varies by region. Customers in North America may place orders today with estimated shipments in early September 2022. Customers in the UK & EU region can place orders with estimated shipments in early October 2022. Customers in the APAC region can place orders online with estimated shipment of early October 2022. For more information about the Pro3 camera and Matterport's new digital twin platform, visit matterport.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 visit our Discover page to browse a collection of digital twins captured by our customers.

Matterport Introduces 134 Megapixel All-In-One Camera, Adding New High-Resolution 2D Photos for Print and Digital to Market-Leading 3D Camera
Includes higher resolution 2D images and 3D and Virtual Reality (VR) walkthroughs, 360 images, and significantly greater online zoom capability SUNNYVALE, Calif., May 31, 2017 -- Immersive media technology company Matterport today announced the release of the Matterport Pro2 3D Camera. The new Pro2 camera generates high quality 4K 2D photography, in addition to state-of-the-art 3D and VR walkthroughs and floorplans -- all from one device. Now users can get more value from each scan. The all-in-one camera, together with the Matterport Cloud, offers customers an end-to-end solution for capturing, distributing, and visualizing properties, in 2D, 3D, and VR. The 134 megapixel camera now also features built-in GPS technology, which enables automatic tagging of scan locations. "The Pro2 is a breakthrough solution for anyone who needs to convey what it's like to be in a space using multiple online and offline channels," said Bill Brown, CEO of Matterport. "Never before has there been an all-in-one camera that generates print-quality photography, high-quality digital images, a full-color 3D interactive floor plan, an immersive 3D/VR experience, and more, from one device and one visit to the property. And best of all, it's incredibly easy to use." Introduced in 2014, Matterport's unique 3D media solution revolutionized the way businesses in various markets, including real estate, travel and hospitality, architecture, engineering and construction, media and entertainment, and other sectors, share the details of their properties. To date, over 500,000 properties have been captured, generating more than 170 million views across 80 countries. With the Matterport Pro2, customers can create high resolution print images and digital 3D experiences with the same push button simplicity. The Matterport Pro2 enables camera operators to expand into new verticals and additional segments of the market, and more efficiently deliver services to their clients. Until now, people marketing a space had to budget for 2D photography and a 3D Space separately. With the Matterport Pro2, they can get both 2D photography and a 3D Space for one low cost. Key features of the Matterport Pro2 3D Camera include: 4K resolution capture for printing, as well as digital photos and spherical images Generates 360 views and spherical images for easy space communication Automated generation of color 2D and 3D interactive floor plans Optional 2D schematic floor plan creation Built-in GPS for automatic tagging of scan locations Access to storytelling features including rich media tagging in 3D Distribution features including syndication and social sharing Core elements of the Matterport solution: Automated end-to-end processing meaning it's push button simple for the user Simple iPad Capture app makes operation quick and easy for anyone Little to no training required to operate The same high-quality 3D sensing capability as the original Matterport Pro camera Convenient and portable "As real estate professionals, we must embrace technology to stay competitive. By providing both traditional and innovative visual assets from one device, Matterport helps to bridge the gap and be a one stop shop," said John De Souza, President at Cressy & Everett Real Estate. "Matterport has helped my team win listings and reach more buyers, and is a must-have for anyone in the real estate industry." Another benefit of the Pro2 Camera is that it captures an entire property in a 3D model that can be revisited online at any time, allowing users to generate additional photos without having to reshoot the space. Research by Matterport found that two-thirds of photographers using traditional 2D cameras often wish they had captured something additional after the photo shoot. Businesses using Matterport will benefit from the recent partnership with Google Street View. Starting this summer, Matterport scans can easily be published to Google Street View with the click of a button. Pricing and availability The Matterport Pro2 Camera, priced at $3,995, is available now for pre-order. Shipping starts June 15, 2017. About Matterport Headquartered in Sunnyvale, CA, Matterport is an immersive media technology company that delivers an end-to-end system for creating, modifying, distributing, and navigating immersive 3D and virtual reality (VR) versions of real-world spaces on Web, mobile devices, and VR headsets. The Matterport Pro Camera and Cloud Services make it quick and easy to turn real-world places into immersive virtual experiences. Matterport has a vast network of 2000 photographers around the world that can be hired to create Matterport Spaces. To hire a Matterport partner, click here.