Immersion, based in Aventura, Florida, develops and licenses patented haptic technology and software, employing 14 staff. The company targets diverse applications including mobile devices, gaming, and virtual reality.
IMMR has been in the news recently: The global immersion cooling market is expected to expand by USD 988 million from 2024 to 2028, with a compound annual growth rate (CAGR) of 28.62%, largely driven by advancements in AI and technology. XING Mobility has established the world's first immersion cooling battery production facility, called the XING Paradigm Factory, and introduced the 200kWh XES 200 energy storage system designed for AI data centers.
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