Red 6 Completes $70 Million Series B Fundraising To Amplify Augmented Reality Technology Designed For Military Training
ORLANDO, Fla., June 1, 2023 /PRNewswire/ — Red 6, a revolutionary Augmented Reality (AR) technology firm at the forefront of synthetic air combat training and augmented reality applications for the entertainment industry, today announced the completion of a $70 million Series B financing. The new capital will enable Red 6 to continue to invest in the proprietary technology that supports its Advanced Tactical Augmented Reality System (ATARS). ATARS is a multi-node, all-domain AR system that delivers a complete outdoor synthetic training environment for multiple users. The technology allows pilots to experience the cognitive loads of physically flying airplanes while capturing the value of synthetics by enabling them to enter realistic, scalable, simulated training in the most dynamic of outdoor environments.