Nine million Swiss francs for VRM Switzerland Startupticker.ch | The Swiss Startup News channel
Summary
VRM Switzerland, provider of virtual reality simulators for helicopters, announces the completion of its latest CHF 9 million funding round with a group of private investors. VRM Switzerland designs and develops simulators that give prospective pilots the impression of sitting in a real helicopter while training. While VRM Switzerland works with the European Union Aviation Safety Agency (EASA) on new standards for flight simulators to enable all helicopter operators to increase flight safety, it is also collaborating with its customers and authorities to obtain certification for the simulator to ensure that it can be credited for training and checks. The company has now obtained fresh capital of CHF 9 Million to strengthen its position as VR-technology leader in the helicopter simulator market and to offer its clients substantial benefit and exciting training opportunities without polluting the environment. “We are very pleased to have secured further funding for the VRM Team to commercialise our virtual training solution for Helicopters”, said Veit de Maddalena, Chairman.