SimiGon wins U.S. Marine Corps Contract
Source: RNS
REACH: Non-Regulatory Announcement
5 OCT 2021
SimiGon Ltd
("SimiGon" or "the Company")
SimiGon wins U.S. Marine Corps Virtual Reality simulators contract
SimiGon to supply Marine Corps Recruiting Command with Virtual Reality Simulators
SimiGon, (LSE: SIM), a global leader in modelling, simulation and training solutions, is pleased to announce that it has been awarded a contract by the United States Marine Corps (USMC) to provide Virtual Reality (VR) simulators. The Company will provide the Marine Corps Recruiting Command with SimiGon's SIMbox-based F/A-18C and AH-1Z low-cost, portable VR simulation devices (the "Contract").
Under the Contract, SimiGon is to deliver a turnkey hardware-software solution for up to twenty-five (25) devices over a three-year ordering period, out of which, SimiGon received Delivery Orders (DO) for seventeen (17) reconfigurable VR simulators.
The simulation devices are comprised of SIMbox-based F/A-18C and AH-1Z simulation software modules and Commercial Off the Shelf (COTS) hardware. The software will utilize SimiGon's analytics capability to track performance of air candidates inside the simulation and automate reports for the Recruiting Command.
SimiGon Inc. President and COO, Jack Sarnicki, said: "This win is indicative of the trust we have established with the US Government through timely deliveries, innovative technologies and excellent customer service. This is a new customer for SimiGon Inc. and an entirely new product to offer the military training & simulation market. We look forward to working closely with the Recruiting Command and expect this Contract to help generate future new business not only with the USMC but also other similarly tasked Governmental organizations."
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 |
|
Henrik Persson/Milesh Hindocha (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.
About Reach announcements
This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.
Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach†in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
