Loft Dynamics has announced it has rebranded and raised $20 cardinal successful financing.
This is the company’s archetypal organization round, led by US exertion investors Craft Ventures, Sky Dayton and Up Ventures. The backing aims to accelerate the company’s maturation into planetary markets.
The rebrand from VRM Switzerland to Loft Dynamics besides positions the institution for planetary expansion.
Fabi Riesen, Co-Founder and CEO of Loft Dynamics, said: “After galore years successful development, we are acceptable to grow Loft Dynamics to go a planetary institution and bring our exertion and grooming solutions to the world.
“This backing comes astatine precisely the close infinitesimal arsenic we volition beryllium capable to conscionable the escalating request for formation schools and accelerate the scope of craft types we support.”
Virtual world making a quality successful reality
Loft Dynamics has created a safer, much accessible, and much realistic grooming simulator by combining a high-resolution virtual world (VR) system, a six-degrees-of-freedom question platform, and a full-scale replica cockpit.
It is the world’s archetypal and lone VR afloat question simulator qualified by a large aviation regulator, with European Union Aviation Safety Agency (EASA) authorization successful May 2022 arsenic an EASA FTD Level 3 Flight Simulation Training Device (FSTD) for the Airbus H125 and the Robinson R22.
Patrick Ky, Executive Director and Head of EASA said: “Loft Dynamics is paving the mode for the integration of virtual world applications successful aviator training.
“EASA looks guardant to seeing the formation information benefits of this arsenic soon arsenic possible, successful enactment with the nonsubjective of EASA’s Rotorcraft Safety Roadmap of expanding information by 50% by the extremity of 2028 compared with 2017 figures.”