BELLEVUE, Wash.–(BUSINESS WIRE)–JB Capital, an alternative credit manager investing in market sectors underserved by traditional banks, announces its investment in Positron (Positron Voyager Inc.), a leading virtual reality (VR) entertainment company based in Los Angeles, California.
Positron is effectively changing the movie-watching experience with its immersive cinematic experiences on Voyager® VR chairs, the first full-motion platform designed for cinematic virtual reality. With a variety of premium features such as VR headsets, 360 degree movement, scent diffusers, haptic feedback and more, Voyager® is carefully designed to take the VR viewing experience to new heights.
“We are only at the beginning of the transformational effects virtual reality is having on entertainment and film,” said JB Capital founder Jeremy Hill. “The Positron team is at the heart of creating remarkable experiences for consumers around the world.”
Positron is developing its own production of VR content, to offer turnkey immersive packages. The company has built a global network of XR Cinema Cinema Centers with Voyager® chairs, partnering with some of the biggest names in the industry; having partnered with the likes of Disney, Universal, DreamWorks and a variety of others. Positron’s XR Cinema experience is currently available in cities across the United States with additional locations in France, Australia and Taiwan.
“We are thrilled to have Jeremy and his team at JB Capital on board,” said Jeffrey Travis, Founder and CEO of Positron. “With their support and guidance, we will have the opportunity to expand our goal of bringing the magic of immersive storytelling to audiences using state-of-the-art technology, resulting in a cinematic and virtual reality viewing experience. one of a kind.”
About JB Capital
JB Capital provides creative and personalized solutions by providing capital, strategy and operational support to facilitate the growth strategies of well-managed companies. JB Capital’s partners have over four decades of combined experience in real estate, capital markets and investment banking. As a result, JB Capital offers a level of expertise, advice and resources often inaccessible to small private companies. For more information, visit the website at www.jb-capital.com.
Positron is an entertainment and immersive technology company. Positron produces and distributes premium, cinematic VR experiences and movies, on our award-winning patented Voyager VR motion chairs, featuring haptics and scents. Positron XR cinemas featuring the wheelchairs and award-winning content can be found in more than a dozen locations around the world, in museums, theaters and tourist destinations. Named by Fast Company as one of the “Top 10 VR/AR Companies”, Positron leads the industry in seated immersive experiences. For more information, visit http://gopositron.com