Simmersion Wins Government Grant

By on 25 May, 2010
Simmersion Holdings has secured Australian government funding for the commercialisation of its Mycosm 3D visualisation platform.
The funding was granted through the Commercialisation Australia program. It will be used to help launch Mycosm into the e-learning, sales and marketing, decision support and entertainment markets.
The platform creates real time high fidelity 3D visualisations.The Mycosm Studio tools enable developers to create 3D environments that can be published and distributed online using the company’s Player software.
Simmersion chief executive Bob Quodling said the product has taken more than three years of R&D to develop.
“We are delighted with this outcome,” he said. “We funded this development partly through revenues, partly through government grants and partly through external investors. We now have the assistance we need to promote Mycosm globally.”
According to Simmersion co-founder and chief technology officer Jeff Cotter, the platform – which includes Mycosm Studio, Player, APIs and a Software Development Kit – will hit the market later this year. He says it will be a far broader application than the company’s early Simurban software.
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