BANC3 awarded SBIR Phase III contract to develop Augmented Reality optics for the U.S. Army PEO STRI

In Augmented Reality and Mixed Reality News

June 28, 2023 – BANC3, Inc., a technology product development firm supporting the U.S. Department of Defense, has recently announced that it has been awarded a multi-year Phase III contract from Army Contracting Command to develop a fire control system for the Mounted Machine Optic (MMO) that integrates with the high-explosive, dual-purpose (HEDP-AB) airburst ammunition programming unit (PU), utilizing BANC3’s Augmented Reality (AR)/Mixed Reality (MR) capabilities.

Commenting on the recent announcement, Babu Cherukuri, CEO of BANC3, said: “We are excited to continue our long-standing relationship with the Army for providing mission-critical next generation fire control systems integrating Augmented Reality capabilities, and look forward to continuing our support to the warfighter.”

Under the contract, BANC3 will develop AR capabilities for integrated fire control systems. According to BANC3, the work will utilize and build upon capabilities and experience that the company developed through the successful completion of its “AR/MR for Live Fire Ranges” SBIR Phase I and II contract work for the U.S. Army Program Executive Office – Simulation, Training, and Instrumentation (PEO STRI) in Orlando, FL.

BANC 3 stated that its previous SBIR contract work focused on the development of a standalone optical see-through head-mounted display (HMD) that displays virtual targets and simulated environmental occlusions for soldier marksmanship training.

Cherukuri added, “The Phase III award is a flexible contracting mechanism which provides a sole source contracting vehicle to fund any follow-on work, facilitating technology transition and commercialization of products for the warfighter to improve on existing maintenance and training efforts. Further use cases include applications to streamline military logistics and inventory management, among others.”

BANC3 noted that its AR and MR solutions are used in government, enterprise, and commercial markets for training, remote assistance/field support, maintenance, telehealth, and others. For more information on BANC3 and its XR solutions, please visit the company’s website.

Image credit: BANC3

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Sam Sprigg

Sam is the Founder and Managing Editor of Auganix. With a background in research and report writing, he has been covering XR industry news for the past seven years.