Market News
Recent Developments
New product launches
- In March 2021, Simutech Multimedia, a developer of simulation-based electrical troubleshooting training software, launched the Siumultech Ultimate immersive train simulator with 8K visuals and real-world physics. It provides hyperrealistic training for operators.
- In January 2022, CM Labs, developer of the Vortex simulation platform, released Vortex Simulator version 2022A with enhanced locomotive modeling for more accurate virtual training
- In June 2020, ETC-PZL Aerospace Industries, a provider of virtual solutions, launched the PZL-050 flight simulator for helicopter pilot training featuring high-fidelity visuals
Acquisition and partnerships
- In October 2021, Alstom, transit engineering design and construction firm, acquired B&C Transit, a leading player in train simulators and e-learning for the North American market. This expanded Alstom’s simulation portfolio.
- In July 2020, Siemens, a German multinational technology conglomerate, partnered with CM Labs to integrate the Vortex Studio simulator with Siemens training solutions for more immersive operator experiences
- In March 2019, Thales, a manufactures electrical systems, has acquired Guavus, a real-time AI analytics company, to strengthen its railway operations simulation and analytics offerings
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