Realfiction secures SEK 7 million revenue from first commercial DPT agreement
Realfiction Holding AB (“Realfiction” or “the Company”) has entered into an agreement for its Directional Pixel Technology (DPT) with an undisclosed customer. This agreement secures SEK 7 million in revenue, thanks to the successful delivery and approval of a custom-tailored proof of concept.
Realfiction developed this proof of concept using its proprietary DPT to address the specific requirements of the customer. After thorough testing, specialists from the customer confirmed that the solution meets the required specifications.
"This agreement is a significant milestone for Realfiction," said Clas Dyrholm, CEO and co-founder of Realfiction. "Today marks our first commercial agreement and our first DPT-related revenue from a commercial customer. We will continue our discussions with this customer and additional potential partners, and foresee an exciting future for Realfiction and DPT. We expect to receive payment of the SEK 7 million in the fourth quarter of 2024. “