Press Release VRM Switzerland completes second funding round
The additional equity will enable VRM Switzerland to not only support the scaling up of the production, the internationalization of the business and the expansion of the product range, but also to increase its focus on the early availability of international certification. In combination with its continued efforts in product and service innovation, the funds will enable VRM Switzerland to further strengthen its position as VR-technology leader in the helicopter simulator market and to offer its clients substantial benefit and truly groundbreaking training opportunities.
VRM Switzerland is excited to announce completion of its latest CHF 9 Mio. funding round with a group of private investors. The additional equity will enable VRM Switzerland to not only support the scaling up of the production, the internationalization of the business and the expansion of the product range, but also to increase its focus on the early availability of international certification. In combination with its continued efforts in product and service innovation, the funds will enable VRM Switzerland to further strengthen its position as VR-technology leader in the helicopter simulator market and to offer its clients substantial benefit and truly groundbreaking training opportunities.
“This investment round allows us to focus with even more power and energy on our common passion: To enable the demanding pilot the best possible flight experience in the virtual world - safely and without polluting the environment”, commented Fabi Riesen, CEO. “We are very pleased to have secured further funding for the VRM Team to commercialize our market-leading virtual training solution for Helicopters”, continues Veit de Maddalena, Chairman. “Furthermore, we would like to express our gratitude to our investors for their support and thank them for the trust they put in us”.
About the VRM Switzerland
Realistic helicopter flight simulation
Flight simulators from VRM Switzerland enable flight experiences and the training of difficult flight situations in a level of realism never before achieved. VRM Switzerland offers training solutions for professional pilots. A team of young engineers, specialized physicists and aviation industry experts develop the entire product range in-house. Together with EASA, VRM Switzerland works on new standards for flight simulators to enable all helicopter operators to increase flight safety. Partnerships with helicopter manufacturers, operators and professional pilots enable VRM Switzerland to integrate its solutions closely with the know-how of OEMs and training centres and to open up new markets for training solutions for single-engine turbine helicopters.
Exact replication of the flight behavior
Together with its customers and authorities, VRM Switzerland is working to obtain certification of the simulator in order to ensure that it can be credited for training and checks. From introductory training on a turbine helicopter to demanding scenario-based training, mountain flying and emergency training, the simulation is tailored to the needs of trainees. Thanks to realistic flight physics with real-time multi-body simulation and flight data validation, the simulation software offers an exact replication of flight behavior. The correct interaction of all systems prevents the occurrence of nausea.
A "pose-tracking system" enables the representation of the pilot's movements in the virtual world. This makes the cockpit fully functional. Forces at the controls are used to simulate hydraulic system failures. The HESLO module makes it possible to train the basics of external sling load operations with mirror and vertical reference. Trainings with different rope lengths and loads allow to bring inexperienced pilots to a professional level. This enables them to safely carry out complex and demanding missions in a real helicopter.
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