02:05 PM EDT, 04/09/2024 (MT Newswires) -- Beamr Imaging ( BMR ) shares were up more than 22% in recent Tuesday trading after the company announced plans to demonstrate a video optimization application that could enable real-time video streaming over 5G.

The company said it would demonstrate the application at the NAB Show 2024 event in Las Vegas starting Saturday using its perceptual optimization technology and Nvidia's ( NVDA ) Holoscan for Media platform, which is used to build live media applications.

"Beamr's ability to lower bitrate and enable 4K video streaming at scale and over 5G has the potential to grow usage, improve user experience, and lower costs for such enterprises," Beamr Chief Executive Sharon Carmel said in a statement.

Price: 7.59, Change: +1.39, Percent Change: +22.37