Red 6, an Orlando, FL-based Augmented Reality (AR) technology firm that develops solutions working outdoors in the most dynamic of environments, raised USD70M in Series B funding.
The round was led by RedBird Capital Partners. Other investors included included Alpha Edison, Boeing’s AEI Horizon X Fund, Lockheed Ventures, Accelerator Investments, through the Disney Accelerator program, Washington Harbour Partners, M-Cor Holdings, the UK’s National Security Strategic Investment Fund, Moonshots Capital, Irongate, State of Florida Opportunity Fund, Alumni Ventures, Alliance Holdings, Alcazar Capital, and Robert Downey Jr.’s, Downey Labs.
The company intends to use the funds to continue to invest in the proprietary technology that supports its Advanced Tactical Augmented Reality System (ATARS).
Led by Daniel Robinson, Founder and CEO, Red 6 is the creator of Advanced Tactical Augmented Reality System (ATARS), and Augmented Reality Command and Analytic Data Environment (ARCADE). ATARS is a multi-node, all-domain AR system that delivers a complete outdoor synthetic training environment for multiple users. The technology allows pilots to experience the cognitive loads of physically flying airplanes while capturing the value of synthetics by enabling them to enter realistic, scalable, simulated training in the most dynamic of outdoor environments. ATARS will directly address the U.S. and allied military’s pilot shortage, and the overextension of resources critical to preparing our armed services in a quicker, cheaper, safer, and cleaner way.
The ARCADE (Augmented Reality Command and Analytic Data Environment) system employs virtual reality to define, build, brief, and de-brief the training environments that users experience through ATARS. This allows users to precisely define the threat environments they will fly in and conduct advanced post-flight re-play and analysis. This immersive environment combines biometrics, flight data, and user inputs to improve the speed and efficacy of de-briefing.
FinSMEs
02/06/2023