Executed Cooperative Research and Development Agreement with Naval Air Warfare Center Aircraft Division

FactualVR, Inc., a Mixed Reality software development company, announced that it has signed a Cooperative Research and Development Agreement (CRADA) with the Naval Air Warfare Center Aircraft Division (NAWCAD) Lakehurst. The CRADA is aimed at enabling joint research and development in Augmented Reality and Virtual Reality technologies to enhance the remote maintenance and support capabilities.

The Collaborative Research, Engineering, Analysis, and Training in Immersive Virtual Environments (CREATIVE) Lab at NAWCAD Lakehurst has been developing the Augmented Reality Remote Maintenance Support Service (ARRMSS).  During initial conversations and demonstrations of FactualVR’s HyperTunnel® solution, CREATIVE identified specific capabilities of the FactualVR’s software platform that may add desired capabilities to the ARRMSS.

The CRADA will focus on leveraging HyperTunnel’s on-site 3D textured scanning capability and integrating the capability in the ARRMSS framework. The work will take place at FactualVR facilities in Jersey City, NJ. and at the Joint Base MDL in Lakehurst, NJ. Through this collaboration, both NAWCAD and FactualVR will deepen their understanding of mixed reality collaborative immersive applications for remote support and how to commercialize and deliver those innovations to the warfighter.

“This CRADA is FactualVR’s first partnership with the Navy.  We are excited about the opportunity to share the progress made in the development of HyperTunnel.  We are also eager to learn from the team at NAWCAD Lakehurst. We look forward to bringing these new valuable capabilities to the warfighters.” said Eduardo Neeter, Founder and CEO of FactualVR.

A CRADA is a written agreement between a private company and a government agency to jointly work on a project. Federal laboratories use such agreements to work with non-federal partners on accelerating technology transfer. The agreement can provide incentives to accelerate the commercialization of federal technology, protect proprietary information held by the industry partner, allow the partners to share patents and licenses and permit the retention of exclusive rights, among other benefits.