TRU Simulation + Training

Lutz, United States Founded: 2014 • Age: 12 yrs Acquired By CAE
Provider of flight training services
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About TRU Simulation + Training

TRU Simulation + Training is a company based in Lutz (United States) founded in 2014 was acquired by CAE in November 2020.. TRU Simulation + Training offers products and services including Odyssey Full Flight Simulator, Mini Motion Simulator, Integra Flight Training Device, and Veris Virtual Reality Flight Simulator. TRU Simulation + Training operates in a competitive market with competitors including Avion Group, AerX Labs, The 737 Handbook, FS-FlightControl and Dao Software, among others.

  • Headquarter Lutz, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tru Simulation + Training Inc
Operational Areas
Technology → Aviation & Specialized Tech Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    CAE

    (Nov 24, 2020)

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Products & Services of TRU Simulation + Training

TRU Simulation + Training offers a comprehensive portfolio of products and services, including Odyssey Full Flight Simulator, Mini Motion Simulator, Integra Flight Training Device, and Veris Virtual Reality Flight Simulator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

High-fidelity device for aviation training and pilot practice.

Compact simulator for motion-based aviation exercises.

Device for interactive flight training simulations.

VR system for immersive aviation and military training.

People of TRU Simulation + Training
Headcount 500-1000
Employee Profiles 51
Employee Profiles
People
Derrick Shrock
Electrical Engineering Manager
People
Cymon Shy
Electrical Engineer
People
Ethan Khoury
Software Engineer
People
Matthew Takala
Electrical Engineer

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Funding Insights of TRU Simulation + Training

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TRU Simulation + Training

TRU Simulation + Training has secured backing from 1 investor. Prominent investors backing the company include CAE. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Aviation training, simulation, and support services are provided globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TRU Simulation + Training

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - TRU Simulation Training

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tru Simulation + Training Comparisons

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Competitors of TRU Simulation + Training

TRU Simulation + Training operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Avion Group, AerX Labs, The 737 Handbook, FS-FlightControl and Dao Software, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Simulation-based products and pilot training solutions are provided for aviation.
domain founded_year HQ Location
Provider of flight simulators for train pilots and engineers
domain founded_year HQ Location
Provides digital resources for 737 pilot training and system reviews.
domain founded_year HQ Location
Software for controlling flight simulators with weather and aircraft features.
domain founded_year HQ Location
Simulates E6B slide ruler for pilots with touch controls and precise calculations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tru Simulation + Training

Frequently Asked Questions about TRU Simulation + Training

When was TRU Simulation + Training founded?

TRU Simulation + Training was founded in 2014.

Where is TRU Simulation + Training located?

TRU Simulation + Training is headquartered in Lutz, United States. It is registered at Lutz, Florida, United States.

Who is the current CEO of TRU Simulation + Training?

Gerald Messaris is the current CEO of TRU Simulation + Training.

What does TRU Simulation + Training do?

TRU Simulation Training was founded in 2014 and is headquartered in Lutz, United States. Operations focus on the aviation training industry, where full-flight simulators and training devices are supplied to business aviation, rotorcraft, and military markets. Customized devices are developed and manufactured to address specific customer requirements in pilot training. Services emphasize practical simulation for enhanced training outcomes across these sectors.

Who are the top competitors of TRU Simulation + Training?

TRU Simulation + Training's top competitors include AerX Labs, Avion Group and Pilot Pipeline.

What products or services does TRU Simulation + Training offer?

TRU Simulation + Training offers Odyssey Full Flight Simulator, Mini Motion Simulator, Integra Flight Training Device, and Veris Virtual Reality Flight Simulator.

Who are TRU Simulation + Training's investors?

TRU Simulation + Training has 1 investor. Key investors include CAE.

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