Activeport's participation in Radian Arc's B round funding

Activeport Group Ltd (ASX: $ATV) has successfully participated in Radian Arc's B round funding, converting outstanding receivables to series B preference shares. This partnership aims to accelerate the global roll-out of Radian Arc's cloud gaming platform, incorporating Activeport's orchestration software, and expand into AI service offerings.

Executive Commentary on Partnership and Revenue Growth

Activeport is pleased to have met the condition precedent for the working capital agreement with Radian Arc. Our collaboration with Radian Arc has been instrumental in driving recurring revenue growth, and we anticipate further acceleration as Radian Arc expands its services beyond cloud gaming to include AI solution hosting. This partnership positions us to tap into the significant market potential and become a top vendor in the segments of Telco, SaaS, Cloud Gaming & AI.

Summary of Activeport's Partnership and Outlook

Activeport's participation in Radian Arc's B round funding signifies a strategic move to accelerate the global roll-out of cloud gaming and AI services. The partnership aims to leverage Activeport's orchestration software to tap into the substantial market opportunities in Telco, SaaS, Cloud Gaming & AI segments. With a growing customer base and the potential to become a top vendor in each segment, Activeport is well-positioned for revenue growth and market expansion.