June 4, 2021 – Red 6, an augmented reality (AR) technology firm that provides military training applications for air combat training, has this week announced that it has closed a USD $30 million Series A funding round. The round was led with a USD $25 million investment by Snowpoint Ventures, an existing investor in Red 6. An additional USD $5 million was raised from existing and new investors, according to the company.
“Our goal is to close the national security gaps through investments and operational expertise. Red 6 is building something truly extraordinary and they are a natural fit,” stated Doug Philippone, Co-founder of Snowpoint Ventures.
Also commenting on the funding round, Daniel Robinson, Founder and CEO of Red 6, said: “This funding will further support Red 6’s mission to deliver a new paradigm of military training across all the domains of air, sea and land. We are excited to have strengthened our existing relationship with Snowpoint Ventures, who share our commitment to solve training inefficiencies for our warfighters and enhance our military’s level of combat readiness and lethality.”
According to Red 6, Robinson has prior experience as a former Royal Air Force Tornado pilot as a graduate of the UK Fighter Weapons School, and was the first foreign national to fly the F-22 Raptor. Drawing upon his background, Robinson and the Red 6 team are aiming to help revolutionize warfighter training through the use of augmented reality, in order to deliver a synthetic training environment that will provide a level of realistic near peer threat training. Additionally, the company’s solutions could help to directly address the US military’s pilot shortage and the overextension of resources critical to preparing aviators for the near-peer threats of the future.
“Red 6 is harnessing Augmented Reality to address the urgent demand for more efficient and effective fighter pilot training needed to face today’s national security challenges. We are happy to have the support and experience of Snowpoint Ventures in the process,” added Robinson.
For more information about Red 6 and its AR solutions for pilot training, please visit the company’s website.
Image credit: Red 6
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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 five years.