SimiGon Limited Simigon kick off reseach programme with the IAF
April 29 2019 - 1:02AM
RNS Non-Regulatory
TIDMSIM
SimiGon Limited
29 April 2019
SimiGon Ltd
("SimiGon" or the "Company")
SimiGon kicks off Augmented Reality maintenance training
research with the Israeli Air Force
SimiGon (LSE: SIM), a global leader in providing simulation
training solutions, is proud to announce that it has commenced a
ground-breaking Augmented Reality ("AR") research programme with
the Israel Air Force ("IAF") (the "Programme"). The Programme will
utilise SimiGon's R&D investments in the Virtual Reality ("VR")
and AR domains with respect to aircraft maintenance training by
providing the invaluable ability to test and refine technologies in
the demanding, up-tempo operational environment of the IAF.
SimiGon designed and developed AR and VR enhanced products and
technologies will be used by the IAF in the research programme with
the IAF providing logistical support and subject matter expert
feedback. The Programme is expected to place SimiGon at the
forefront of technology and it will enable the Company to use this
technology in various domains. As the market for AR and VR enhanced
training takes off, it is expected that this Programme will have
positive impact on the Company's business opportunities.
SimiGon Vice President of Research and Development, Hagai
Piechowicz, said: "SimiGon's training technologies will be making a
great leap forward with this Programme. Our R&D team will
rapidly design, develop, prototype and test our newest training
technologies for the AR and VR aircraft maintenance environment in
the IAF F-16 squadrons."
SimiGon President and CEO, Ami Vizer, said: "We are excited that
one of our key strategic customers, the IAF, has engaged with us to
learn more about the benefits of AR and VR enhanced aircraft
maintenance training products and how to best implement them.
Working closely with the end users in the field, our engineers will
gain greater insight into how to better apply our R&D efforts
and technologies to this and other domains. It is expected that
this Programme will allow us to better understand how our AR and VR
applications are used and applied for training in operational
environments and eventually to improve our capabilities to bring a
considerably more advanced, robust, proven capability to the wider
market than our competitors. The Programme demonstrates the IAF's
belief in SimiGon's technologies and ability to deliver viable
training solutions aligned with real world needs."
Enquiries:
SimiGon Ltd
Ami Vizer, Chief Executive Officer +1 (407) 951 5548
Efi Manea, Chief Financial Officer
finnCap (NOMAD & Broker) +44 (0) 20 7220 0500
Scott Matheison / Matthew Radley (corporate
finance)
About SimiGon
SimiGon (AIM: SIM) is a leading developer and supplier of
distributed simulation solutions for defence and civilian
applications. SimiGon is the creator of SIMbox, a leading PC-based
platform for creating, managing and deploying simulation-based
content across multiple domains. Through its off the-shelf training
solutions for demanding high-skill occupations, SimiGon provides
diverse organizations with faster and more cost-effective training.
SimiGon's growing client base includes blue-chip training and
simulation systems providers as well as air forces and commercial
airlines worldwide. Founded in 1998, SimiGon maintains offices in
Israel and the United States.
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