StockMarketWire.com - SimiGon announced the United States Air Force (USAF) has contracted the company to deliver a Virtual Reality (VR) aircraft de-icing simulator.

Securing this contract highlights the company's ability to identify new markets and applications for its traditional customer base.

As part of the contract, SimiGon will deliver its SIMbox-based VR aircraft de-icing training product.

By incorporating fully immersive VR with SimiGon's de-icing simulation product, USAF technicians will receive simulation based training that includes scoring, Playback/After Action Review, feedback reports, as well as a multi-player training capability.

The expected revenue from this contract was already factored into the management's expectations for fiscal year 2018.

SimiGon president Ami Vizer said: "This contract award is significant for SimiGon as it further demonstrates the company's ability to identify new markets and their requirements for a cost effective personal training systems and tailor its training products to meet new demands within a short timeframe.

"This SIMbox-based training product is the ongoing realization of the company's strategic plan to utilize the technology in multiple domains.

"We are excited to receive the VR Aircraft de-icing simulator award to support USAF technician training and expect to further penetrate the de-icing market and deliver high quality training products to both the military and civilian aviation in the future."


At 8:04am: [LON:SIM] SimiGon Ltd share price was +0.5p at 15p



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