Valkyrie Industries is the maker of the wearable haptic suit (BiFrost) to let users feel, touch and hold objects naturally in virtual simulations. With the primary application in the space robotics market (estimated $4.36bn in 2023), BiFrost has been piloted successfully with a UK space agency.
Globally Augmented reality (AR) and Virtual reality market is estimated to reach $1 trillion by 2030, at CAGR of 42.9%. While the major application for VR is found in gaming, it is shaping our future beyond entertainment. Some industrial application including design & engineering for the automotive industry, surgical training for medical doctors and many others.
At Valkyrie Industries, we have developed a wearable haptic suit (BiFrost) to let users feel, touch and hold objects naturally in virtual simulations. Our vision is simple. We want to recreate the human nervous system with technology.
Our first pilot project with a UK Space Agency was a success. The objective of the pilot is to develop a robotic arm to use in space, operated using haptics enhanced VR to transmit information such as pressure, vibration and resistance.
BiFrost is ready for early adoption (TRL 6)
- Completed 2 demos to BMW Startup Garage and Evonik; pilots completed with Storyfutures and UK Space Agency
- Letter of intent from 7 companies covering both collaborations and leasing of the product
- Awards: GoTech Awards, The Alconics (shortlist), Jumpstarter
We plan to offer our first development kit BiFrost to early adopters at $10,000 per month, with full technical support.
Funding will be used to continue to develop our technology, support our early adopters and strengthen our IP protection.