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Simigon awarded Blanket Purchase Agreement by USAF

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RNS Number : 8485J
SimiGon Limited
22 August 2019
 

SimiGon Ltd

("SimiGon" or the "Company")

 

SimiGon awarded Blanked Purchase Agreement from United States Air Force for Virtual and Mixed Reality systems

 

SimiGon, Ltd. (LSE: SIM), a global leader in modelling, simulation and training solutions, is pleased to announce it has been awarded a Blanket Purchase Agreement (BPA) from the United States Air Force (USAF) for the supply of Virtual and Mixed Reality Systems (the "Contract").

 

The BPA, has a contract ceiling of $6 million over a two-year period. This allows the U.S. Government to rapidly order Virtual Reality (VR) and Mixed Reality (MR) solutions. SimiGon was one of four contractors awarded.

 

Mr. Ami Vizer, SimiGon's Chief Executive Officer and Executive Chairman said: "This Contract mechanism simplifies the ordering process for USAF when ordering SimiGon VR and MR systems. We look forward to many additional VR and MR systems deliveries in support of the USAF's ongoing innovation efforts."

 

Enquiries:

 

SimiGon Ltd


Ami Vizer, Chief Executive Officer and Executive Chairman

+1 (407) 951 5548      

Efi Manea, Chief Financial Officer




finnCap (NOMAD & Broker)

+44 (0) 20 7220 0500

Scott Matheison / Matthew Radley (corporate finance)


 

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 organizations 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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