zSpace, Inc. provides augmented and virtual reality educational technology solutions for K-12 schools, and career and technical education markets in the United States and internationally. The company provides hardware products to produce devices that deliver a 3D experience that includes Inspire, a current generation laptop product that delivers autostereoscopic 3D graphics which does not require any eyewear or headset; Imagine, a fourth-generation laptop product which delivers autostereoscopic 3D graphics not requiring any eyewear or headset and uses the zSpace hand-held stylus; and Tracked stylus which allows users to interact with the projection of the 3D information, as well as precise interaction with the virtual objects in open space. It also develops and delivers platform management software that enables the distribution, licensing, and management of web enabled applications; and end user applications. In addition, the company provides implementation and professional development services; and training services. Its platform offers a range of educational tools designed for K-12 science, technology, engineering, and math lessons, as well as training skilled trades in areas, such as health sciences, automotive engineering/repair, and software programming and advanced manufacturing. The company was formerly known as Infinite Z, Inc. and changed its name to zSpace, Inc. in February 2013. The company was incorporated in 2006 and is headquartered in San Jose, California.
Lifshitz Law PLLC Announces Investigations of Lucid Group, Inc. (NASDAQ: LCID), AeroVironment, Inc. (NASDAQ: AVAV), zSpace, Inc. (NASDAQ: ZSPC), and LKQ Corporation (NASDAQ: LKQ)
Lifshitz Law PLLC announced it is investigating possible securities law violations at AeroVironment (AVAV) and three other companies — Lucid, zSpace, and LKQ.
Regarding AVAV, the firm alleges the company misled investors by understating imminent competition for its SCAR program and U.S. Space Force SCN modernization work, overstating business prospects.
No lawsuit has been filed; this is a plaintiff-firm solicitation for information from investors and should be treated as low-signal noise.