Akima acquires digital coaching product supplier Pinnacle Options
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July 6, 2023 – Akima, a supplier of services to the U.S. federal authorities, has just lately introduced that it has accomplished the acquisition of Pinnacle Solutions, Inc. (Pinnacle), a supplier of digital and augmented actuality (VR/AR) coaching options to protection clients across the globe.
“We’re thrilled so as to add Pinnacle’s modern know-how options and capabilities to the Akima household,” stated Invoice Monet, President and CEO of Akima. “Pinnacle’s proficient folks and dedication to their buyer’s mission enhances Akima’s value-driven tradition. Pinnacle will considerably improve our potential to serve our aerospace clients.”
In response to Akima, the acquisition expands the corporate’s aviation and coaching capabilities within the protection market, and can assist to additional allow the corporate to supply worth to its clients within the aerospace business. The corporate famous that Pinnacle brings differentiated mission readiness capabilities, in addition to a workforce of 500 staff, which can add momentum and innovation to Akima’s help for buyer missions.
Based in 2008 and headquartered in Huntsville, Alabama, U.S., Pinnacle offers a variety of digital coaching options that cowl subjects together with aviation operations and upkeep companies, flight operations and coaching companies, and companies for air, floor, unmanned, and maritime platforms. The corporate employs the usage of combined actuality applied sciences throughout a number of of its coaching platforms, to be able to educate end-users and maximize coaching effectiveness.
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Akima acknowledged that Pinnacle will function as a completely owned subsidiary of Akima, with Tina Tucker retaining her position as President of the corporate.
“The closing of this transaction represents the start of a brand new chapter for Pinnacle, and we’re excited for what the long run holds,” stated Tucker. “We consider our deep experience, community, and robust market place will assist speed up Akima’s progress and drive better worth for its clients and staff.”
Pinnacle was just lately awarded a seat on a USD $32.5 billion Coaching Techniques Acquisition IV IDIQ contract for the U.S. Air Drive. Below the multi-award contract, Pinnacle could have the chance to supply for the evaluation, design, growth, manufacturing, set up, integration, testing, and sustainment of Air Drive coaching programs.
For extra data on Pinnacle Options, Inc. and its digital coaching options, please go to the corporate’s website.
Picture credit score: Akima / Pinnacle Options, Inc.
Sam Sprigg
Sam is the Founder and Managing Editor of Auganix. With a background in analysis and report writing, he has been protecting XR business information for the previous 5 years.