SimiGon
A PC-based software platform providing the ability to create, modify, manage, and deploy any simulation-based content – aircraft, cars, ships, weapons, eLearning material, and more.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
| N/A | N/A | IPO | |
| Total Funding | 000k | ||
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SimiGon operates as a specialized provider of simulation and training technologies, primarily serving the aerospace and defense sectors. The company was established in 1998 in Herzliya, Israel, by former Israeli Air Force flight instructors whose experience, particularly with the F-16 Fighting Falcon, shaped the company's foundational focus.
The core of SimiGon's business is its proprietary software platform, SIMbox, a comprehensive toolkit that enables the creation, management, and deployment of 3D simulation-based content. This platform is designed for a client base that includes government agencies, military forces, and major aerospace integrators. The business model centers on licensing its COTS (Commercial Off-The-Shelf) software and developing customized training solutions that reduce development time and accelerate skill acquisition for end-users. Clients use SimiGon's technology for a range of applications, from pilot training for various aircraft types to virtual maintenance training for technicians. A key feature is the integration of Artificial Intelligence to create virtual instructors and the use of data analytics to track trainee performance.
Historically, the company achieved a significant milestone by listing on the London Stock Exchange in December 2006, which facilitated its expansion and the broader marketing of its SIMbox platform. A notable success was the selection of its SIMbox-based learning system for the F-35 Joint Strike Fighter program in 2007. In April 2022, SimiGon merged with Power Breezer to form Maxify Solutions, Inc., a move that valued SimiGon at approximately $8.5 million and resulted in its delisting from the stock exchange. This merger positioned SimiGon's simulation capabilities to expand into new markets, such as e-commerce logistics, by combining its software expertise with Power Breezer's hardware.
Keywords: simulation software, defense technology, aerospace training, virtual maintenance, pilot training, SIMbox, military simulation, F-35 training, digital twin, Maxify Solutions