Register

Training Tech Company Raises $24M in Series B Funding

Loft Dynamics’ offerings will include new airliner simulators.

Assembly line production of Loft's helicopter flight simulators. (Photo: Loft Dynamics)
Gemini Sparkle

Key Takeaways:

  • Loft Dynamics has secured $24 million in Series B funding to develop and refine its virtual reality (VR) training systems for commercial airline pilots.
  • The company, known for its FAA- and EASA-qualified VR helicopter simulator, is expanding to offer VR training for Boeing 737 and Airbus A320 aircraft.
  • These VR systems aim to revolutionize pilot training by reducing bottlenecks, lowering costs compared to traditional simulators, and providing more immersive, accessible, and effective skill development.
See a mistake? Contact us.

Flight training technology company Loft Dynamics announced Thursday it has raised $24 million in series B funding as it develops and refines virtual reality training systems for commercial airline pilots.

Loft Dynamics, which is co-headquartered in Santa Monica, California, and Zurich, developed the world’s only FAA- and EASA-qualified virtual reality (VR) helicopter simulator. It is now preparing to roll out next-generation simulators for the helicopter market and the Boeing 737 and Airbus A320.

Zach Vasile

Zach Vasile is a writer and editor covering news in all aspects of aviation. He has reported for and contributed to the Manchester Journal Inquirer, the Hartford Business Journal, the Charlotte Observer, and the Washington Examiner, with his area of focus being the intersection of business and government policy.

Ready to Sell Your Aircraft?

List your airplane on AircraftForSale.com and reach qualified buyers.

List Your Aircraft
AircraftForSale Logo | FLYING Logo
Pilot in aircraft
Sign-up for newsletters & special offers!

Get the latest stories & special offers delivered directly to your inbox.

SUBSCRIBE