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TruGolf Links to Launch Revolutionary Hybrid Golf Concept for Franchisees
TRUGTruGolf(TRUG) GlobeNewswire·2025-02-24 13:30

Core Insights - TruGolf Links is introducing a patented hybrid golf simulator that integrates simulation technology with physical golf courses, enhancing the golfing experience and making it more accessible [1][2] - Nexus Golf has made a strategic investment of 2millioninTruGolfLinkstostrengthentheirpartnershipandsupportthedevelopmentofthisinnovativetechnology[3][4]−Thehybridgolfsimulatorisexpectedtocreatenewrevenuestreamsforgolfcourseoperatorsandfranchisepartners,allowingfornightgolfandexpandingoperationalhours[2][5]CompanyOverview−TruGolfLinksisafast−growingfranchisesubsidiaryofTruGolfHoldings,focusingonredefininggolfentertainmentthroughtechnology[4]−NexusGolfisdedicatedtoadvancingthefutureofgolf,aimingtomakethegamemoreenjoyableforconsumersandprofitableforbusinessowners[6]InvestmentDetails−NexusGolf′sinvestmentof2 million in TruGolf Links to strengthen their partnership and support the development of this innovative technology [3][4] - The hybrid golf simulator is expected to create new revenue streams for golf course operators and franchise partners, allowing for night golf and expanding operational hours [2][5] Company Overview - TruGolf Links is a fast-growing franchise subsidiary of TruGolf Holdings, focusing on redefining golf entertainment through technology [4] - Nexus Golf is dedicated to advancing the future of golf, aiming to make the game more enjoyable for consumers and profitable for business owners [6] Investment Details - Nexus Golf's investment of 2 million is aimed at accelerating TruGolf Links' expansion and enhancing its franchise model [3][4] - The first hybrid franchise location is anticipated to be operational by the end of 2025, indicating a rapid rollout of this new technology [5] Market Impact - The hybrid golf simulator addresses various challenges in traditional golf, such as time consumption, maintenance costs, and accessibility, thereby appealing to a broader audience [5] - Regional developers will play a crucial role in expanding the franchise, targeting territories with populations of 1 million or more [7][8]