Mentioned:
The United States Navy is buying leading edge virtual reality technology for training purposes. And they’re turning to a publicly traded company to do it.
What’s happening:
- The Glimpse Group (NASDAQ: VRAR) has announced their subsidiary Brightline Interactive has delivered its first Brightline Immersive Simulator System to the United States Navy
Why it matters:
- This is the first ever deal that The Glimpse Group has entered into with the United States Navy for their simulator technology
Going deeper:
- The Brightline Immersive Simulator System is a highly advanced training simulator that uses spatial computing, artificial intelligence and virtual reality technology to generate exceptionally dynamic and realistic training scenarios
- The Brightline Immersive Simulator System can also create fully custom training scenarios that are tailored to specific purposes or mission preparations and can generate full motion simulations that accurately mimic unique environments
The intrigue:
- This is not the first time that The Glimpse Group has landed a deal with the American military for their spatial computing technology, previously striking a multi million dollar deal with the United States Department of Defense
