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Stock impact report

Matterport Partners with Resi, the UK's Top Home Extension Company, to Revolutionize Home Extension Surveys with Matterport's Pro3 and Digital Twin Technology

Matterport, Inc. - Class A (MTTR) 
Company Research Source: GlobeNewswire
SUNNYVALE, Calif., March 12, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) announced today that Resi, the UK’s leading home extension company, has made Matterport’s Pro3 and Digital Twin Platform its technology of choice for surveying homes. Founded in 2016 with the vision of opening up fast, affordable, high-quality architectural services for every UK home, Resi is the UK’s leading home extension company having completed more than 7,000 projects to date. In design and construction, inaccurate or incomplete documentation is responsible for an estimated 48% of rework, making accurate measurements vital to set a project up for success.1 To improve accuracy, productivity and quality, Resi explored several laser scanning providers, determining Matterport’s Pro3 was its preferred surveying solution due to its scalability and price. “When we started exploring Matterport as a solution, we encountered a lot of skepticism as to whether the accuracy would stand up to Show less Read more
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