Genial pitch

VALOR Program OVERVIEW

SimX

Virtual Reality medical Simulations Capabilities - wireless VR - Multi-User VR Medical Training - Flexible Custom VR Training - Nursing VR Training - Military Medical VR Training - EMS VR Training

(SimX, 2024)

start

Linked In Summary

LinkedIn. (n.d.). https://www.linkedin.com/company/simx/about/

VR Military Medical Simulation - VALOUR

SimX's military medical virtual reality program is called Virtual Advancement of Learning and Operational Readiness (VALOR). It covers medical and chemical, biological, radiation, and nuclear (CBRN) training.

"Fully immersive and comprehensive training scenarios that include battlefield triage, trauma treatment, helicopter rescue and tactical casualty combat care."(SimX, 2024)

(Valor VRMSS introduction, 2022)

Overview of Capabilities

(Virtual Reality Medical Siimulation Training for Military, 2023)

"SimX Virtual Reality Medical Simulation System (VRMSS) enables high quality, repeatable, and accessible training for a wide array of realistic scenarios." https://www.simxvr.com/virtual-reality-medical-simulation-training-for-military/

Benefits

- multi-"player" capable- simple and fast set-up - varied realistic scenarios - real-time and realistic training scenarios - highly customizable(SimX, 2024)

Curriculum

26 scenarios dealing with: Tactical Combat Casualty Care (TCCC) Prolonged Casualty Care (PCC) Small Unit Care (SUC) Chemical, Biological, Radiological and Nuclear (CBRN) medicine Mandatory certifications (CERT) Aeromedical Evacuation(SimX, 2024)

Funding

The total funding is 12M since of Department of Defense (US) for the VALOR project.

1.12M

1.5 M

1.7 M

USAF, May 2021

United States Air Force initial funding, Oct 2020

US Space Force, Feb 2023

(crunchbase, n.d.)

Competition

Augmented Reality (AR), Extended Reality (XR), and Mixed reality (MR) Not aimed at military environments

Augmented reality and case studies Not aimed at military training

Immersive experience Not aimed at military

Mixed reality learning experience. Not aimed at tactical military training

https://www.zappar.com

https://massvirtual.com/our-portfolio/

https://www.pixotope.com

https://www.allucyne.com/en/home/

(Craft.co, n.d.)

Timeline of SimX VALOR Project funding

2013

2021

2023

2020

Extension of the VALOR project to US Space Force

SimX formed

Extension of the VALOR project

Initial contract for the VALOR project

(Craft, n.d.)

(Crunchbase, n.d.)

Company's Current Partners

(SimX, 2024)

Considerations for Investing Recommendation

established capabilities

Military SIMCompetition

Previous investors

lack of military VR/AR

Scenarios

US Air Force

Multiplayer

Med and CBRN

These factors make the Valor training complex, adjustable, and realistic. They have taken into the consideration the needs of a military training establishment and shaped the training to meet the needs of the military.

The USAF's investments into the Valor project gives the company and its Valor program credibilty. The USAF increased their funding 1 year into the development, which indicates the program's value

Identified competitors do not focus on military setting, which means they do not have the collected data and established expertise within a military setting.

reduced development time and costs

credibility due to working with the usaf

establishedresearch/data

(Craft.Co, n.d.)

Analysis Summary

This pitch is to promote investing in the military simulations projects within the company SimX. It is a company that creates training simulations, which includes a special military medical simulations. The benefits of investing in VALOR and other military simulations within this company is that it already has significant funding from the American military, which means that the initial data collection and analysis is complete. Funding this company now means that the money can be used to improve, increase complexity, and create new military simualtions, increasing the effectiveness of training. Investing in the comparable simulation companies, which do not have established military programs, require initial research, data collection, and are less advanced in the process. I recommend investing in this company due to the importance of military simulations, which can be included in the Canadian Military training system.

References

Craft. (n.d.). SimX company profile. https://craft.co/simx Craft.co. (n.d.). SimX Competitors and Similar Companies. https://craft.co/simx/competitors Crunchbase. (n.d.). SimX - Crunchbase Company Profile & Funding. https://www.crunchbase.com/organization/simx LinkedIn. (n.d.). https://www.linkedin.com/company/simx/about/ SimX. (2024, February 13). SimX virtual reality medical simulation. https://www.simxvr.com/ Valor VRMSS introduction. YouTube. (2022, November 28). https://youtu.be/9NDjCPxbs4E?si=SnOeT_SYZ-ZTDv9D Virtual reality medical simulation training for military. SimX. (2023, October 5). https://www.simxvr.com/virtual-reality-medical-simulation-training-for-military/