Recent News

SimiGon Ltd

("SimiGon" or the "Company")

Notice of General Meeting

SimiGon (LON:SIM) announces that a General Meeting of the Company is to be held at 9.00 a.m. Eastern Standard Time (2.00 p.m. GMT) on Thursday 16 April 2020 at 111 S. Maitland Avenue, Suite 210, Maitland, Florida 32751, USA (the "Meeting").

The Notice of General Meeting and related materials (the "Notice") will be mailed to shareholders today and an electronic copy will be made available on the Company's website: http://www.simigon.com or here.

Shareholders who cannot join the Meeting in person can join via conference call using the dial-in details below:

International dial-in number: +1 (605) 468-8001

Access code: 888780#

S...

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SimiGon Ltd

("SimiGon" or the "Company")

Trading update

SimiGon Limited (LSE: SIM), a global leader in providing simulation training solutions, provides the following trading update in relation to the year ended 31 December 2019 (the "Period"). The Company expects to announce its final results for the Period in April 2020.

The Company expects, subject to audit adjustments, to report revenue of approximately $4.88 million (2018: $5.03 million) and net loss of approximately $1.46 million (2018: net loss of $1.01 million) for the Period.

As set out in the Company's interim results, the key contributor to the loss during the Period is the increase in cost of revenue (as compared to the previous...

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SimiGon Ltd

("SimiGon" or "the Company")

Notice of Claim

SimiGon LTD. (the “Company”), a global leader in providing simulation solutions, announces that it has learned that D.D Goldstein Real Estates and Investment Ltd., which to the Company’s knowledge acquired 1,500,000 shares in the Company during 2019, has filed two legal actions in the Tel Aviv District Court – a petition for leave to file a monetary claim concerning salaries on behalf of the Company and an action for prerogative relief concerning resolutions approved at the Company’s annual general meeting held on December 30, 2019 regarding the appointment of directors and the determination of the...

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30 December 2019

SimiGon Ltd

("SimiGon" or "the Company")

Result of Annual General Meeting

SimiGon, a global leader in providing simulation solutions, announces that at the Company’s Annual General Meeting held earlier today all resolutions were duly passed.

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SimiGon Ltd

("SimiGon" or the “Company")

SimiGon awarded $1.8 million contract for C-130 virtual maintenance training

SimiGon, Ltd. (LSE: SIM), a global leader in modelling, simulation & training solutions, is pleased to announce that it has received a $1.8 million contract from a large international defence electronics company (“Defense Company”) to design, develop and implement a C-130 virtual maintenance training (“VMT”) solution for the Israeli Air Force ("IAF") technician training academy (the “Contract”).

The Contract for the C-130 training system is a new product complimenting SimiGon’s current range of VMT solutions, including t...

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SimiGon Ltd

("SimiGon" or the "Company")

Notice of AGM

SimiGon (LON:SIM) today announces that the Annual General Meeting of the Company is to be held at 9.00 a.m. Eastern Standard Time (2.00 p.m. UK time) on Monday 30 December 2019 at 111 S. Maitland Avenue, Suite 210, Maitland, Florida 32751, USA (the "Meeting").

The Notice of Annual General Meeting (the "Notice") will be mailed to shareholders today and an electronic copy is now available at the Company's website: http://www.simigon.com.

Shareholders who cannot join the Meeting in person can join via conference call using the dial-in details below:

International dial-in number: +1 (605) 468-8001

Access code: 888780#

Enquiries:

SimiGon Lt...

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SimiGon Ltd

("SimiGon" or "the Company")

Strategic European customer selects SimiGon technology for new aircraft

SimiGon Limited (LSE: SIM), a global leader in providing simulation training solutions, is pleased to announce that it has further expanded its long-term relationship with a major European customer (the "Customer").

The contract award is for the provision of SimiGon’s Commercial Off the Shelf ("COTS") training and simulation environment, SIMbox (the "Contract"). The Customer will use SIMbox technology as the baseline for a new aircraft platform joining its Academic Training Centers ("ATC"). This is the fourth aircraft platform the Customer has selected SIMbox as its Gro...

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SimiGon Ltd

(“SimiGon” or the “Company")

Interim Results for the six months ended 30 June 2019

SimiGon Ltd (LSE: SIM), a global leader in providing simulation and training solutions, announces its interim results for the six months ended 30 June 2019 (the “Period”).

Financial Highlights

  • Revenues increased by 12% to $2.68 million (H1 2018: $2.40 million)
  • Operating loss decreased by 32% to $0.44 million (H1 2018: $0.65 million)
  • Loss decreased by 39% to $0.43 million (H1 2018: $0.71 million)
  • Basic and diluted loss per share of $0.01 (H1 2018: Basic and diluted loss per share of $0.01)
  • Cash, cash equivalent, short term investment and deposits of $6.15 million as at 30...
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SimiGon Ltd

("SimiGon", or the “Company")

SIMIGON WINS USAF F-15E MIXED REALITY CONTRACT

SimiGon will provide SIMbox-based F-15E Mixed Reality training devices for United States Air Force Air Combat Command

SimiGon, Ltd. (LSE: SIM), a global leader in modelling, simulation & training solutions, is pleased to announce that its independently operated US subsidiary, SimiGon Inc., was awarded a United States Air Force ("USAF") contract to provide SIMbox-based F-15E Mixed Reality (MR) training devices for USAF Air Combat Command (ACC) (the “Contract”).

This Contract is yet another step forward in the Company’s growing MR business portfolio and strategic path to provide ad...

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SimiGon Ltd

("SimiGon", or the “Company")

Executive Management & Directorate Change

SimiGon, Ltd. (LSE: SIM), a global leader in modelling, simulation and training solutions, is pleased to announce, further to the announcement dated 1 August 2019, the appointment of a Chief Operating Officer of Simigon Inc., the main trading subsidiary of the Company, and a further change to the composition of the Company’s Non-Executive board.

Chief Operating Officer

Jack Sarnicki has been appointed as Chief Operating Officer of Simigon Inc. Mr. Sarnicki has been identified as the best person to drive the Company’s US business forward and will work alongside Ami Vizer and the rest...

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