Headlines from the Proactive UK newsroom.
VR Education’s (LON:VRE) Engage platform has been chosen as an embedded title in a new 5G virtual reality headset being developed by a consortium of Deutsche Telekom, Qualcomm and XRSPACE. The new headset is due to launch in mid-2020.
Advanced Oncotherapy PLC (LON:AVO) is teaming up with one of America’s premier medical centres to assess the potential of the company’s proton beam technology. The two-year collaboration’s with the Cleveland Clinic.
Specialist bank PCF (LON:PCF) increased profits by 54% to £8mln in its latest full year. The loan book climbed 55% to £339mln.
Alien Metals (LON:UFO) has conditionally agreed to take over the formerly producing Elizabeth Hill silver mine in Western Australia. It produced more than 1.17mln oz of silver between 1998 and 2000.
Supermarket chain Morrison’s (LON:MRW) has shuffled its boardroom roles with chief financial officer Trevor Strain promoted to a new role of chief operating officer and Michael Gleeson moving up to take the CFO job. Gleeson will earn £490,000 annually in his new role.