27-May-2020 Source: VRM Switzerland
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”.