GlobeNewswire·Jan 29, 2026, 4:05 PM ET

zSpace Announces Strategic Investment of $3 Million from Planet One Education, a Global Technology Leader Delivering High-Impact Education Solutions

zSpace, Inc. (NASDAQ: ZSPC) received a $3 million strategic investment from Planet One Education, closing on January 27, 2026.
The investment was executed via the purchase of 1.5 million convertible preferred shares at $2.00 per share & 1 million warrants with an exercise price of $3.00 per share.
zSpace intends to utilize the proceeds to strengthen its balance sheet, support working capital needs, & accelerate international expansion.
The companies are exploring a strategic collaboration to expand STEM & vocational training initiatives outside the United States by combining zSpace's AR/VR ecosystem with Planet One's government-scale project footprint.
zSpace CEO Paul Kellenberger stated the partnership positions the company to support large-scale adoption in key growth markets outside the US.
Planet One Chairman Sanjeev Mansotra expressed confidence in zSpace's technology to bridge the digital divide & transform student outcomes in developing economies.
zSpace provides headset-free AR/VR technology & is trusted by over 3,500 educational institutions with more than 80 patents.
Planet One is a global education solutions provider focused on delivering large-scale technology & infrastructure to governments, particularly across the African continent & emerging markets.