9 Best Augmented Reality Stocks to Invest in Under $10

7. The Glimpse Group, Inc. (NASDAQ:VRAR)

Share Price as of January 31: $1.70

Number of Hedge Fund Holders: 1

The Glimpse Group, Inc. (NASDAQ:VRAR) is an immersive technology company that provides enterprise-focused virtual reality (VR), augmented reality (AR), and spatial computing software and services. It is one of the augmented reality stocks showing signs of breaking out after a 35% rally in 2024. The rally came as the company secured $7.29 million in funding to accelerate its special computing, AI and Immersive capabilities efforts.

The capital infusion is strategically in line with the rapidly advancing convergence of immersive technologies, artificial intelligence, and spatial computing. Glimpse’s enterprise-focused approach to VR/AR places them at the nexus of two significant technological trends: enterprise digital transformation and the revolution in spatial computing. They can support expanding customer contracts and improving their technology stack thanks to the funding, which is essential for growing the market for enterprise immersive solutions.

In addition to having enough cash on hand to sustain its expanding clientele, The Glimpse Group, Inc. (NASDAQ:VRAR) is receiving the necessary resources to develop better 3D computing tools that companies can use to operate more efficiently. This is significant since more businesses are beginning to incorporate VR and AR into their everyday operations.