Loft Dynamics AG

Loft Dynamics AG (formerly VRM Switzerland) specializes in designing, manufacturing, and operating VR flight simulation training devices (FSTDs) for various aircraft systems.

5 December, 2022 — Zurich, Switzerland and San Francisco, CA - Loft Dynamics AG, creator of the world’s first and only virtual reality (VR) simulator authorized by a major aviation regulator, today announced it has re-branded and raised $20M in financing. This is the company’s first institutional round, led by U.S. technology investors Craft Ventures, Sky Dayton, and Up Ventures. The funding will accelerate Loft Dynamics’ growth into international markets, particularly the USA. The rebranding from VRM Switzerland to Loft Dynamics positions the company for global expansion at a time when the pilot shortage has reached a crisis point and the need to reduce air pollution has never been more urgent.

Helitrans has already been using the VR simulator internally for its own pilots, but will now also rent it out to other operators. “At Helitrans, we are concerned with flight safety, not only for our own pilots and machines, but for the entire industry. This simulator moves flight safety, in the domestic segment, quantum leaps forward, and it is important for us that the entire industry can benefit from this.” says Melhus. Helitrans has invested in two Airbus H125 simulators, one located at CAE's training and simulator centre at Gardemoen, by Oslo’s main airport, together with other flight simulators based there, while another has been installed at a mobile facility that can be moved as needed. This provides great flexibility for both the company's own and for others' needs.