[Click eStock] "Innosimulation, XR Virtual Training System Growth Expected"

Hana Securities forecasted on the 26th that the extended reality (XR) virtual training system sector of Innosimulation will experience growth.

Choi Jae-ho, a researcher at Hana Securities, stated, "The strength and main growth driver of Innosimulation is the XR virtual training system," adding, "The XR virtual training system has secured various front-end industry clients including automotive, railway, heavy equipment, shipbuilding, and aviation sectors."

He continued, "Growth is centered on defense training systems and the development and delivery of remote unmanned operation for heavy equipment," and added, "Recently, due to conflicts such as Russia-Ukraine and Israel-Hamas, Innosimulation has clients among K-defense companies showing remarkable growth in the international defense market." Furthermore, he emphasized, "This will gradually contribute to the increase in sales of Innosimulation's virtual training systems."

Researcher Choi analyzed, "With the increasing demand for autonomous driving and defense unmanned systems, growth in XR simulators is expected to continue," and explained, "Level 4 autonomous driving, which aims for commercialization, requires approximately 600 million kilometers of driving tests, so due to cost and physical limitations, the utilization of XR simulators as a virtual reality testing method will increase."

He explained, "Innosimulation internalizes XR simulator hardware and solution technologies," and added, "As autonomous driving technology advances, the need for high-level safety and reliability evaluations will increase, making Innosimulation's technology a differentiating point."