Helping Psychologists to treat anxiety, phobias and fears through scientific research using VR, AR, AI, Haptic and other immersive technologies.
Current Status
We have prototype in our hand.
We have signed MoU with MEPA (Middle East Psychological Association) for further academic / clinical research alongside providing commercial product to their members in 9 countries (UAE, Kuwait, Qatar, Saudi Arabia, Bahrain, Oman, Jordan, Egypt, Lebanon).
We have also sent commercial proposal to Higher Technologies College UAE for exam anxiety in students alongside presentation skills / public speaking, for their 16 campuses around UAE.
We will be generating revenue in Q4 of this year.
Problem or Opportunity
Over 950 million people are suffering from mental illnesses, including
FEARS, PHOBIAS and ANXIETY.
Only less than 5% people get treated, and that is even in developed countries. In developing countries and third world countries, this ratio is way less than 1%, due to lack of facilities and even awareness about mental illnesses (anxiety, phobias, fears) being psychological issues rather psychiatric issues.
Solution (product or service)
We are using immersive technologies i.e. Virtual Reality, Artificial Intelligence, Augmented Reality, Haptic and Real-time 360-degree videos to treat mental illnesses i.e. anxiety, phobias and fear.
Our initial clinical trials have shown improvement of over 90% in patients with reduction of 50% treatment time.
Traditional way of treating phobias has dis-advantages. But, PsycReality is first ever to produce real-time 360 degree videos allowing free movement within video which is AI based, 50% less time consuming and has betterment of over 90%
