This might have something to do with it-------from Agora Financial
May 8, 2017
New D.R.O.N.E. Buy:
Your Chance to Profit While the Military Saves Millions
Kevin W. MassengillDear Defense Technology Alert Reader,
Picture this…
You are 18 years old and have just enlisted in the Army.
After basic training, you are shipped off to Fort Hood, in Texas, where you will receive training in one of the two armored divisions housed there.
You’ve been assigned to the 3rd Armored Cavalry Regiment as a cav trooper. Today is your first day of training.
When you enter the training room, you see a large screen at the front of the room and sets of goggles scattered around the room.
The instructor begins speaking and tells you to put on the goggles. When you do, you’re transported to the Afghan desert. You see your fellow soldiers around you armed with their weapons. You hear bullets whizzing by your head. Your grip on your rifle starts to slip as your palms sweat. But your instinct from boot camp kicks in and you return fire, striking one of the enemy.
How is this even possible?
As we outlined in your March 6 alert, a technology originally produced in 1956 has recently been adapted for military training. Not only will it allow soldiers to participate in simulated scenarios before ever stepping foot on the front lines, it will save the military millions of dollars in training costs each year.1
I’m talking about virtual reality (VR) training. It’s starting to make waves by allowing specialists to hone their skills in real-life scenarios.
A U.S. Army soldier using VR to train
A U.S. Army soldier using VR to train. Source: YouTube
Ever since we first told you about virtual reality, I’ve been looking for the best recommendation for you. And now we’ve found it...
Before we get to it, let’s explore the many benefits of virtual reality training. Then we’ll reveal a company helping to make it possible. We’ll go step by step using our proprietary D.R.O.N.E. System. It’s an acronym for our method for identifying the best military technologies:
Defense
Research
Optimization for
Narrowing and
Execution
We’ll begin with D.R.O.N.E.’s 30,000-foot reconnaissance…
Defense & Research:
Taking Training Exercises to the Next Level
Virtual reality is an entirely new method of training that has helped militaries and police departments around the world provide next-level training at an affordable rate.
Virtual reality training costs less than training with paintball or even shooting ranges. While purchasing the equipment costs a bit, it can be used forever with only minimal maintenance costs. Over time, it continues to train soldiers and officers without requiring additional funds.
Virtual reality training comes in many different forms. Some forms of virtual reality training rely on a headset to immerse the user in specific situations. Other forms use a series of screens to immerse the user.
Soldiers and officers are expected to do their jobs in extremely stressful situations. So as they run through similarly stressful situations in a simulation, they are able to focus on their own safety.
During virtual reality training, they’ll be exposed to enemies and perpetrators pointing guns at them and even pulling the trigger. Exposing the user to simulations of stressful situations in which their safety is at risk helps build critical decision-making skills.
Each of the simulations has been specifically designed to re-enact common scenarios one might face in the field. Using virtual reality training allows the user to practice de-escalating and escalating situations in a safe setting. Then, after the training, they can review their decisions with a superior officer and see what they can learn, especially if mistakes were made.
You can make mistakes in a virtual reality training simulation without impacting anything in the real world. This can’t be said for other training methods, and especially can’t be said about learning on the job. A soldier or police officer may make a mistake that results in the loss of life. Fortunately, using a virtual reality training system allows the user to make mistakes and learn from them without causing real-life consequences.
This technology will better train our military and police forces before they’re on the front lines and end the use of unnecessary force by police officers.
Police officers’ use of force has been a topic of much debate in recent years. One of the key selling points of a virtual reality training system for training police officers is that it runs them through a number of situations that require the correct usage of force.2
Depending on the virtual reality simulation, officers will have a Taser, can of Mace and a gun at their disposal. Learning how and when to use each is vital to passing the simulation and to performing adequately in the field. As officers run through the simulations, they’ll become increasingly skilled in when to use which tool for the job. That is not something you can really internalize through a textbook or by simply being lectured to.
In fact, one study found that people who were trained using virtual reality had a 36% better memory recall than those who watched a YouTube training video.3 It’s also known that people remember things 65% better4 when those things are attached to pictures. And according to a Psychology Today article, “videos are processed by the brain 60,000 times faster than text.”5
So just imagine how much VR training is going to increase the recall of soldiers and police officers in the future.
Virtual reality squad training
Virtual reality squad training. Source: WorldofTanks.com
Real-Life Scenarios for Real-Life Training
The creators of virtual reality training programs base their work on real-life scenarios. In the case of the company we are recommending, every scenario is created by former military personnel and police officers. Any virtual reality training program worth its weight will also contain simulations that are true to life and replicate the situations the trainee may encounter in the field.
On top of realistic training material, the inherent realism provided by virtual reality training programs requires officers make use of their peripheral vision, constantly scanning their surroundings for threats. Otherwise, just like in the real world, they run the risk of getting shot.
One massive perk of using real-life scenarios is that military personnel or police officers can go back through past scenarios and play them out again using different tactics. It gives the trainee the opportunity to reflect on their mistakes and to correct them, a luxury not afforded by on-the-job training.
In fact, the United States Air Force, Navy, Army and Marines all have elements of virtual reality involved in their overall training regimen. They have programs that target different requirements for skill drills, physical fitness and other areas that require development during boot camp.
The military also employs vehicle and flight simulation, VR medic training and battlefield simulation.
It is estimated the U.S. Air Force saved $1.7 billion between 2012 and 2016 by using flight simulators. It is also estimated that the Navy will save $119 million a year beginning in 2020 by increasing virtual training for the MH-60 and F/A-18 airplanes.
Aside from the military, police forces across the country are also currently using virtual reality.
The Los Angeles Police Department, for example, runs 28 simulators, allowing them to train their 9,000 officers. Every patrol has its own virtual reality training system.
Additionally, the Biloxi, Mississippi, Police Department makes use of a portable simulation system.
With a proven technology that already has a healthy number of base users, we expect continued development in this field. New competitors will emerge, driving down prices and increasing innovation in these products. This will translate directly to a rise in the adoption of virtual reality training programs for military personnel and police officers.
Optimization and Narrowing:
VirTra Is Leading the Pack in Virtual Reality Training
The company behind the most popular virtual reality training product on the market is VirTra (VTSI: OTCBB). That product is the VirTra V-300, and it features five screens with 300-degree immersion. When the VirTra V-300 is in firearms training mode, it supports up to 15 individual firing lanes at one time.
VirTra V-300 training screens
VirTra V-300 training screens. Source: VirTra
Lastly, the patented Threat-Fire system is an option that can be included in the package. The Threat-Fire return-fire system is a small Taser worn on the trainee’s body. If they get shot during a simulation, the Taser delivers enough pain to cause physiological stress.
Since VirTra provides training equipment and scenarios and holds patents on their technology, the company has a bright future ahead of itself.
VirTra first opened its doors in 1993, long before the current virtual reality craze took place. The primary focus of VirTra was, and remains, to provide the world’s best firearms training simulators.
Designers and developers at VirTra understand thoroughly that life-and-death decisions are made in a split second. They aim to prepare trainees to make these decisions to the best of their ability.
The company is currently experiencing massive growth. Recently, VirTra posted their numbers for the full-year 2016. It saw:
$15.7 million of total revenue
$9.7 million of gross profit
62% gross profit margin
$2.1 million of net income.
These numbers indicate that VirTra has a firm financial foundation from which to grow. In fact, 2016 saw the strongest annual revenues in the company’s history, and today they have cash return on invested capital for the trailing 12 months (CROIC TTM) of 21.3% and a sales percent change TTM of 18%.
On top of the impressive numbers, VirTra expanded its list of prominent law enforcement agencies that use its quality products.
We expect that as virtual reality training becomes even more mainstream, VirTra will continue to see growth.
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