SimiGon has been awarded a contract for delivery of its SIMbox simulation technology platform to support training activities of the entire Armed Forces of an undisclosed South American nation.
Under the terms of the undisclosed contract, the company will supply SIMbox systems along with a broad range of training courses and on-the-job training to software developers of its local partner, which is a newly established government-owned company.
The systems will be utilised by the partner to manufacture its own SIMbox-based training and simulation content to help support armed forces training in aerial and ground vehicles, such as the Cessna Caravan, Super Tucano aircraft and M1117 armoured security vehicles (ASV) among others.
SimiGon president and CEO Ami Vizer said the contract represented first time selection of SimiGon’s SIMbox technology by a country to base its entire armed forces simulation training infrastructure.
”We expect our cooperation with this partner will lead to many additional opportunities within this country and throughout Latin America," Vizer added.
Apart from deployment in training centres, the solutions will also be used by the military during operational training and distributed joint forces training exercises.
Work under the contract will start immediately and SIMbox system hardware and training delivery is scheduled to commence in the near future and complete in early 2013.
Revenue generated from the initial order is expected to contribute to increased revenue visibility until 31 December 2012, extending into 2013.
According to the company, the partner will also acquire SIMbox Runtime licenses to supply content to trainees and the resulting income will generate a substantial amount of additional recurring revenues in future.
Featuring SIMbox toolkit, SIMbox server and SIMbox runtime, SIMbox is a licensed system architecture designed to enable companies to develop commercial off-the-shelf software and HLA and SCORM compliant simulation-based training solutions.