SimiGon Limited (SIM) - Contract win
February 19 2018 - 5:11AM
ADVFN NewsWire
("SimiGon"
or "the Company")
SimiGon receives follow-on FAA contract
for UAS simulation software
Contract to provide additional
software licenses and services for FAA UAS
R&D
SimiGon, (LSE: SIM), a global leader in
modelling, simulation and training solutions, is pleased to
announce that it has received a prime contract (the "Agreement")
with the US Federal Aviation Administration (FAA) to deliver the
Company's SIMbox simulation software, SIMbox simulation development
tools, and engineering services for the FAA's Advanced Unmanned
Aircraft System Research Simulator ("AURS").
This is a follow-on order from the original
contract announced in September 2017 and is worth approximately
$120,000 and has been factored into management's expectations for
fiscal year 2018.
The AURS supports human factors research and
safety research within the FAA's Aerospace Human Factors Research
Division. SIMbox delivers the user interface for the operators in
an aircraft simulation environment as well as a central repository
for all components with the embedded configuration management
capability. The system development kit will be used by the FAA to
modify the various Unmanned Aircraft System ("UAS") components to
conduct the relevant research activities.
SimiGon President and CEO, Ami Vizer,
said: "We are very excited to
continue working with the FAA to support the AURS for the US
Government. This follow-on order shows the flexibility of SIMbox in
supporting multiple domains, including civilian UAS aviation
research, a fast growing market."
Enquiries:
SimiGon Ltd
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Ami Vizer, Chief Executive Officer
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+1 (407) 951 5548
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Efi Manea, Chief Financial Officer
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finnCap (NOMAD & Broker)
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+44 (0) 20 7220 0500
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Henrik Persson/Scott
Mathieson (corporate finance)
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Stephen Norcross (corporate broking)
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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 organisations 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.
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