The industry of virtual reality simulation systems revolves around creating immersive digital environments for training, entertainment, and education. Companies in this sector design hardware and software that allow users to experience lifelike simulations, commonly utilizing VR headsets and interactive interfaces. The industry is experiencing rapid growth as demand rises for innovative training solutions, especially in sectors like healthcare and military. Future advancements aim to integrate artificial intelligence and haptic feedback, further enhancing the realism of simulations. As virtual experiences become commonplace, the industry's role in reshaping consumer engagement and training methodologies is becoming increasingly pivotal.

This list features 25 virtual reality simulation systems companies, varying in size from small startups to larger corporate entities. Founded between 1996 and 2021, these companies are headquartered across global hubs such as the United States, Canada, Europe, and India. Their specializations include VR hardware, software development, and customized training solutions tailored to industries such as automotive, healthcare, and gaming. Notably, firms such as Oculus VR and Varjo are recognized for their impactful technology, demonstrating significant influence within the emerging VR landscape.

Read on to learn about the foremost virtual reality simulation systems companies.

Top 25 Virtual Reality Simulation Systems Companies

1. Varjo

• Website: varjo.com
• Ownership type: Corporate
• Headquarters: Helsinki, Uusimaa, Finland
• Employee distribution: Finland 84%, United States (USA) 8%, Germany 3%, Other 5%
• Latest funding: Series D, November 2024
• Founded year: 2016
• Headcount: 201-500
• LinkedIn: varjo

Varjo Technologies Oy, founded in 2016 and based in Helsinki, Finland, is a technology company that specializes in the development and manufacturing of advanced virtual reality (VR) and mixed reality (XR) headsets. With a workforce of approximately 217 employees, Varjo focuses on delivering high-resolution immersive solutions designed for professional applications. Their products are particularly aimed at enhancing training and simulation capabilities in sectors such as automotive design, healthcare, and defense. Varjo operates through a direct sales model and collaborates with over 35 certified resellers globally, ensuring a broad reach for their innovative technologies. The company has made significant strides in the industry, with their XR-4 series headsets being recognized for their exceptional visual fidelity and immersive experience, making them suitable for mission-critical training scenarios. Varjo's technology is employed by various enterprises, including major players in the automotive and aerospace sectors, highlighting their relevance and impact in the virtual reality simulation market.

2. Oculus VR

• Website: oculus.com
• Ownership type: Corporate
• Headquarters: Menlo Park, California, United States (USA)
• Employee distribution: United States (USA) 72%, China 19%, Switzerland 4%, Other 4%
• Latest funding: Crowdfunding, $2.4M, August 2019
• Founded year: 2012
• Headcount: 501-1000
• LinkedIn: oculus-vr

Oculus VR, founded in 2012 and based in Menlo Park, California, is a technology company that specializes in virtual reality (VR) and augmented reality (AR) products. Operating under Meta Platforms, Oculus VR has made a name for itself by offering a range of VR headsets, including the Quest series and Rift S, which cater to both consumers and businesses. The company is dedicated to creating immersive experiences that enhance gaming and social interactions. Oculus VR also provides a platform for developers to create applications and games, fostering a vibrant ecosystem around its products. With a workforce of over 500 employees, Oculus VR continues to innovate in hardware and software solutions, contributing to the growth of the virtual reality industry.

3. Pico Xr

• Website: picoxr.com
• Ownership type: Corporate
• Headquarters: Mountain View, California, United States (USA)
• Employee distribution: China 60%, Spain 14%, United States (USA) 9%, Other 17%
• Latest funding: $775.0M, August 2021
• Founded year: 2015
• Headcount: 1001-5000
• LinkedIn: picoxreurope

Pico Xr, officially known as PICO Immersive Pte.ltd., is a technology company based in Mountain View, California, specializing in virtual reality and mixed reality products. Since its inception in 2015, Pico has developed a range of VR headsets and software solutions designed to enhance immersive experiences for both consumers and businesses. Their offerings include the PICO 4 and PICO Neo3 series, which are aimed at various industries such as education, healthcare, and entertainment. The company has a significant presence in the global market, with a workforce distributed across China, Spain, the United States, the United Kingdom, and Germany. In August 2021, Pico secured $775 million in funding, which highlights investor confidence in their growth trajectory and innovation capabilities. The company continues to expand its product offerings and improve its technology, making it a relevant player in the virtual reality simulation systems sector.

4. Htc Vive

• Website: vive.com
• Ownership type: Private
• Headquarters: Taiwan
• Employee distribution: Taiwan 56%, United States (USA) 25%, United Kingdom (UK) 5%, Other 14%
• Founded year: 2015
• Headcount: 501-1000
• LinkedIn: htcvive

HTC Vive is a technology company based in Taiwan, specializing in virtual reality (VR), augmented reality (AR), and mixed reality (MR) solutions. Since its inception in 2015, HTC Vive has developed a range of VR headsets and accessories designed to enhance immersive experiences for both individual users and businesses. Their products cater to various sectors, including gaming, healthcare, and education, demonstrating their versatility and commitment to advancing immersive technology. The company offers solutions that facilitate training, collaboration, and entertainment, making them a significant player in the VR industry. With a workforce of around 398 employees, HTC Vive operates primarily in Taiwan, the United States, and the United Kingdom, showcasing a global presence in the market.

5. Infinadeck

• Website: infinadeck.com
• Ownership type: Venture Capital
• Headquarters: Rocklin, California, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Seed, $1.2M, August 2021
• Founded year: 2014
• Headcount: 1-10
• LinkedIn: infinadeck

Infinadeck, founded in 2014 and based in Rocklin, California, is a venture capital-backed company that specializes in virtual reality technology. The firm is known for its patented omnidirectional treadmill, which allows users to walk naturally in any direction within virtual environments. This technology is particularly beneficial for applications in healthcare rehabilitation, military training, and enterprise learning. Infinadeck's solutions aim to enhance training and recovery experiences by providing immersive and interactive environments. The company has attracted significant attention and funding, with a reported $1.2 million in seed funding as of August 2021. Their products are utilized by a range of clients, including healthcare providers and educational institutions, showcasing their commitment to improving user engagement and effectiveness in various training scenarios.

6. WorldViz VR

• Website: worldviz.com
• Ownership type: Venture Capital
• Headquarters: Santa Barbara, California, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Series A, $2.3M, June 2018
• Founded year: 2002
• Headcount: 11-50
• LinkedIn: worldviz

WorldViz VR, based in Santa Barbara, California, specializes in virtual reality solutions that cater to a variety of sectors, including education and healthcare. Established in 2002, the company has developed a range of products and services, such as VR labs, immersive training environments, and software development platforms. Their flagship offerings include the VizMove series for immersive training and the Vizard software for VR application development. WorldViz has worked with numerous academic institutions and healthcare organizations, providing tailored VR solutions that enhance training and research capabilities. The company has also secured funding, with a notable Series A round in 2018, which underscores its growth potential and commitment to innovation in the VR space.

7. VR Vision

• Website: vrvisiongroup.com
• Ownership type: Private
• Headquarters: Toronto, Ontario, Canada
• Employee distribution: Canada 100%
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: vr-vision-inc

VR Vision, founded in 2016 and based in Toronto, Ontario, is a private technology firm that specializes in virtual reality training solutions. With a team of 19 employees, the company focuses on creating immersive training environments, CGI simulations, and interactive video experiences tailored to various industries, including automotive, energy, and healthcare. Their innovative approach aims to enhance employee training by improving efficiency and safety. VR Vision's product offerings include the Vision Portal, which provides tools for scalable immersive learning, and they have successfully collaborated with major clients such as Toyota and Hydro One to implement their VR training solutions. The company is dedicated to advancing the use of virtual reality in training, making it a significant player in the industry.

8. Mechdyne Corporation

• Website: mechdyne.com
• Ownership type: Private
• Headquarters: Marshalltown, Iowa, United States (USA)
• Employee distribution: United States (USA) 94%, United Kingdom (UK) 5%, Other 1%
• Founded year: 1996
• Headcount: 201-500
• LinkedIn: mechdyne-corporation

Mechdyne Corporation, founded in 1996 and based in Marshalltown, Iowa, is a technology solutions provider that specializes in immersive and extended reality solutions, IT and audiovisual services, and software development. With a workforce of approximately 191 employees, the company serves a global clientele across multiple sectors, including healthcare, finance, and energy. Mechdyne focuses on enhancing user experience and optimizing technology utilization through its managed and professional services. Their expertise in virtual reality is evident in their offerings, which include custom VR content development and virtual reality training programs. The company is committed to delivering innovative solutions that address specific client needs, thereby improving workflows and technology integration.

9. Somnium Space

• Website: somniumspace.com
• Ownership type: Corporate
• Headquarters: Prague, Prague, Czech Republic
• Employee distribution: Czech Republic 87%, Ukraine 13%
• Latest funding: Seed, $321,000, October 2021
• Founded year: 2017
• Headcount: 1-10
• LinkedIn: somnium-space

Somnium Space, founded in 2017 and based in Prague, Czech Republic, is a technology company focused on virtual reality solutions. The company has developed the Somnium VR1, a premium mixed reality headset that offers high-resolution displays and advanced capabilities for both consumers and businesses. The VR1 is designed for various applications, including gaming, professional simulations, and educational training, highlighting the company's commitment to delivering immersive experiences. Somnium Space has received seed funding, with the last reported amount being approximately €321,223 in October 2021. This funding supports their ongoing development and innovation in the virtual reality space, positioning them as a relevant player in the industry.

10. Arloopa

• Website: arloopa.com
• Ownership type: Private
• Headquarters: Yerevan, Yerevan, Armenia
• Employee distribution: Armenia 68%, Switzerland 8%, United States (USA) 8%, Other 16%
• Founded year: 2014
• Headcount: 11-50
• LinkedIn: arloopa

Arloopa Inc. is a technology services provider based in Yerevan, Armenia, founded in 2014. The company focuses on augmented reality (AR) and virtual reality (VR) development, providing services that include app and game development, content creation, and immersive experiences. Arloopa caters to a variety of sectors, including education, advertising, and entertainment, and has worked with individuals, brands, and cultural institutions to create innovative ways to engage audiences. Their portfolio features a range of projects, from AR applications for museums to VR games designed for educational purposes. The company employs a team of 36 professionals and has a presence in multiple countries, including Switzerland, the USA, Ukraine, and Lebanon, reflecting its international reach and collaborative approach in the AR/VR industry.

11. Hologate

• Website: hologate.com
• Ownership type: Venture Capital
• Headquarters: Munich, Bavaria, Germany
• Employee distribution: Germany 97%, Other 3%
• Latest funding: Series A, $9.1M, August 2023
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: hologate

Hologate, founded in 2017 and based in Munich, Germany, is a company that specializes in extended reality solutions. They offer a range of products, including virtual reality systems and immersive entertainment attractions. Hologate serves a variety of customers, from entertainment venues to organizations requiring training and simulation solutions. Their commitment to delivering high-quality, AI-powered experiences is evident in their tailored offerings for different industries. The company has established itself as a significant player in the virtual reality market, operating the largest out-of-home VR network globally, with over 450 systems sold across 42 countries and 20 million users. Recently, Hologate secured approximately $9 million in Series A funding in August 2023, further supporting their growth and innovation in the extended reality space.

12. Vrgineers, Inc.

• Website: vrgineers.com
• Ownership type: Venture Capital
• Headquarters: Dover, Delaware, United States (USA)
• Employee distribution: Czech Republic 91%, United States (USA) 4%, Taiwan 4%
• Latest funding: Series A, $6.0M, November 2023
• Founded year: 2017
• Headcount: 11-50
• LinkedIn: vrgineers

Vrgineers, Inc., founded in 2017 and based in Dover, Delaware, is a technology company that specializes in virtual and mixed reality training solutions tailored for the aviation industry. The company has developed advanced pilot training systems, including the XTAL headsets, which are designed to provide immersive training experiences. Vrgineers primarily serves military and professional aviation clients, aiming to enhance training efficiency and realism through cutting-edge technology. With a team of experts in simulation technologies, Vrgineers is involved in extensive research, development, and integration of advanced virtual and mixed simulators. The company recently secured $6 million in Series A funding, reflecting its growth trajectory and commitment to innovation in the field of aviation training.

13. Prefixa

• Website: prefixa.com
• Ownership type: Private
• Headquarters: Sunnyvale, California, United States (USA)
• Employee distribution: United States (USA) 56%, Mexico 28%, France 16%
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: prefixa

Prefixa, founded in 2016 and based in Sunnyvale, California, is a private company with a workforce of 11-50 employees. The firm specializes in XR simulation and spatial computing services, offering innovative products like the AXRO Lab and ESP, which cater to the aerospace and construction sectors. Prefixa's solutions are designed to improve training and operational efficiency through immersive experiences. Their clientele includes businesses seeking to leverage advanced technologies for training and operational purposes. The company has developed a range of XR experiences, including virtual reality training simulators that enhance safety and skill development in high-risk environments. Prefixa's focus on creating realistic simulations and their use of cutting-edge technology, such as Nvidia Omniverse, underscores their commitment to advancing the field of virtual reality simulation.

14. Arcvale

• Website: arcvale.com
• Ownership type: Private
• Headquarters: Tallahassee, Florida, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2018
• Headcount: 51-200
• LinkedIn: arcvale

Arcvale is an interactive technology studio based in Tallahassee, Florida, founded in 2018. The company focuses on game development, simulations, and virtual reality experiences, serving both commercial and research organizations. With a team of artists, developers, and designers, Arcvale emphasizes the creative application of emerging technologies. They pride themselves on producing original content, ensuring that all art assets, source code, and soundtracks are created in-house. Their work spans various applications, including VR training simulations, educational tools, and interactive games. Notable projects include VRena, a room-based VR shooting game, and La Introduccion, a VR application for learning Spanish. Arcvale operates with a remote-native team, promoting collaboration and skill diversity, which enhances their innovative approach to interactive technology.

15. VRTech Group

• Website: vrtech.global
• Ownership type: Private
• Headquarters: Netherlands
• Employee distribution: Russia 78%, Netherlands 22%
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: vrtech-group

VRTech Group, founded in 2016 and based in the Netherlands, is a private technology firm that specializes in virtual reality and artificial intelligence solutions. With a team of 18 employees, the company focuses on developing custom VR simulators, training systems, and innovative marketing tools tailored for various sectors, including entertainment, healthcare, and industrial applications. Their products aim to enhance user experiences and improve operational efficiency through advanced technology. VRTech Group has established itself as a player in the VR industry, creating solutions that not only entertain but also educate and train users in complex environments. Their commitment to research and development, along with a strong portfolio of successful projects, positions them as a relevant entity in the virtual reality simulation systems market.

16. Wonda

• Website: wondavr.com
• Ownership type: Corporate
• Headquarters: Brooklyn, New York, United States (USA)
• Employee distribution: France 100%
• Latest funding: Seed, July 2018
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: wonda-vr

Wonda, founded in 2016 and based in Brooklyn, New York, is an education technology company that focuses on immersive learning experiences through virtual reality. The company develops products and services tailored for educational institutions and corporate training departments, aiming to improve engagement and retention in training programs. Wonda's platform allows users to create their own learning simulations without the need for coding, making it accessible for educators and trainers. They have introduced features such as AI companions and collaborative tools, which enhance the interactivity of their offerings. Wonda's commitment to integrating with Learning Management Systems (LMS) like Canvas and Moodle further solidifies its position in the educational technology space.

17. DevDen - Metaverse Content Creators

• Website: devdensolutions.com
• Ownership type: Private
• Headquarters: Bengaluru, Karnataka, India
• Employee distribution: India 100%
• Founded year: 2018
• Headcount: 11-50
• LinkedIn: devdensolutions

DevDen - Metaverse Content Creators, founded in 2018 and based in Bengaluru, India, is a technology service company that specializes in immersive technologies, particularly virtual reality (VR) and augmented reality (AR). With a team of 31 employees, DevDen focuses on providing customized solutions that enhance training, marketing, and product visualization for businesses across various sectors. Their offerings include VR training solutions, 3D modeling, digital transformation services, and game development, catering to clients seeking innovative ways to engage their audiences. The company has established a reputation for delivering high-quality, tailored software and design products that meet the unique demands of their clients. DevDen's commitment to excellence and innovation is evident in their extensive portfolio, which includes projects in industries such as healthcare, aerospace, and education. They aim to empower businesses by leveraging immersive technologies to simplify complex scenarios and enhance user experiences.

18. VividQ

• Website: vividq.com
• Ownership type: Private Equity
• Headquarters: London, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 89%, Japan 6%, United States (USA) 6%
• Latest funding: Series A, $7.5M, August 2024
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: vividq

VividQ is a technology company based in London, UK, founded in 2017. The firm specializes in holographic display technology tailored for augmented and virtual reality applications. Their flagship products, Cobalt AR and Cobalt VR, are designed to enhance user experiences in gaming and consumer electronics. VividQ's technology allows for comfortable and natural interactions with digital objects, addressing common issues like eye strain and nausea that users often face with traditional AR and VR systems. The company has attracted significant investment, securing over £7 million in a Series A funding round in August 2024, which underscores its potential for growth and innovation in the industry. VividQ's clientele includes developers and manufacturers looking to integrate advanced holographic solutions into their products, marking its active involvement in shaping the future of immersive experiences.

19. Dpvr

• Website: dpvr.cn
• Ownership type: Venture Capital
• Headquarters: Shanghai, Shanghai, China
• Latest funding: $14.5M, March 2023
• Founded year: 2014
• Headcount: 51-200
• LinkedIn: %e4%b8%8a%e6%b5%b7%e4%b9%90%e7%9b%b8%e7%a7%91%e6%8a%80%e6%9c%89%e9%99%90%e5%85%ac%e5%8f%b8

Dpvr, founded in 2014 and based in Shanghai, China, is a technology company that specializes in virtual reality solutions. The company offers a range of VR headsets and software designed for educational and training applications. Their products cater to various sectors, including businesses, educational institutions, and consumers, providing immersive experiences that enhance learning and engagement. Dpvr operates through direct sales and customized solutions, demonstrating a commitment to meeting the specific needs of their clients. Recently, the company secured funding of approximately $14.5 million in March 2023, which underscores their active role in the industry and potential for future growth. Dpvr's focus on VR technology for education and training highlights their relevance in the evolving landscape of virtual reality applications.

20. Lucid Reality Labs

• Website: lucidrealitylabs.com
• Ownership type: Private
• Headquarters: Miami, Florida, United States (USA)
• Employee distribution: United States (USA) 52%, Ukraine 34%, Poland 14%
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: lucid-reality-labs

Lucid Reality Labs, founded in 2016 and based in Miami, Florida, is a private technology firm that specializes in immersive experiences through virtual reality (VR), augmented reality (AR), mixed reality (MR), and extended reality (XR) solutions. With a workforce of approximately 44 employees, the company serves various industries, particularly healthcare and education. They provide customized training simulations and prototyping services aimed at improving operational efficiency and learning outcomes. Their flagship product, the iXR™ platform, combines artificial intelligence with XR technologies to deliver personalized immersive experiences. Lucid Reality Labs has worked with notable clients, developing VR training solutions for medical professionals and educational institutions, showcasing their capability to address complex training needs effectively.

21. Breach VR

• Website: breachvr.com
• Ownership type: Private
• Headquarters: Trondheim, Trøndelag, Norway
• Employee distribution: Norway 100%
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: breachvr

Breach VR, officially known as Breach AS, is an immersive technology company based in Trondheim, Norway. Established in 2016, the company focuses on virtual reality (VR), augmented reality (AR), mixed reality (MR), and extended reality (XR). With a team of 11-50 employees, Breach VR develops a variety of products, including games and training applications, while also conducting workshops aimed at businesses and organizations looking to harness immersive technologies. Their notable projects include 'Kartoffl', a VR puzzle adventure game, and 'Reality Training', a training application designed for emergency services. Breach VR collaborates with various partners, including Meta, to contribute to platforms like Horizon Worlds, demonstrating their active role in the evolving VR industry. Their commitment to research and development in immersive technologies positions them as a relevant player in the market.

22. VISCON GmbH

• Website: viscon.de
• Ownership type: Private
• Headquarters: Neukirchen-Vluyn, North Rhine-Westphalia, Germany
• Employee distribution: Germany 100%
• Founded year: 2002
• Headcount: 11-50
• LinkedIn: viscon-gmbh

VISCON GmbH, founded in 2002 and based in Neukirchen-Vluyn, North Rhine-Westphalia, Germany, is a private technology firm with a workforce of 11-50 employees. The company specializes in virtual reality, visual simulation, and audiovisual solutions. They provide tailored systems and comprehensive support to businesses and organizations, enabling them to create immersive training and presentation environments. Their product offerings include advanced VR systems, simulation technologies, and high-quality audiovisual equipment. VISCON has been involved in various international projects, showcasing their expertise in the field and their ability to deliver customized solutions that meet specific client needs. Their commitment to innovation and quality is evident in their range of products designed for effective visual simulation and virtual reality applications.

23. Digital Agents Interactive Pvt. Ltd.

• Website: digitalagents.in
• Ownership type: Private
• Headquarters: New Delhi, Delhi, India
• Employee distribution: India 100%
• Founded year: 2013
• Headcount: 11-50
• LinkedIn: digital-agents

Digital Agents Interactive Pvt. Ltd., founded in 2013 and based in New Delhi, India, is a technology solutions provider that specializes in immersive technologies, particularly augmented and virtual reality. With a team of 18 employees, the company focuses on XR development, product engineering, and content creation. They cater to various sectors, including healthcare, education, and retail, aiming to enhance customer engagement and operational efficiency. Their projects include virtual reality solutions for improved patient understanding in healthcare and virtual laboratories for educational purposes. Digital Agents is also involved in metaverse services, indicating their forward-thinking approach in the evolving tech landscape. They have not reported any funding, which suggests they are self-sustained or operating on a different financial model.

24. ZenART VR

• Website: zenartvr.com
• Ownership type: Venture Capital
• Headquarters: Sofia, Sofia City, Bulgaria
• Employee distribution: Bulgaria 100%
• Latest funding: $1.1M, October 2021
• Founded year: 2018
• Headcount: 11-50
• LinkedIn: zenearthvr

ZenART VR, founded in 2018 and based in Sofia, Bulgaria, is a technology firm that specializes in 3D modeling and immersive virtual and augmented reality experiences. The company focuses on delivering custom software solutions and engaging entertainment products, primarily targeting businesses in technology, logistics, and retail sectors. ZenART VR employs advanced techniques such as 3D scanning and photogrammetry, utilizing Unreal Engine 5 to achieve high graphical fidelity. Their projects include notable VR experiences like 'Tales Of The Rocks,' which showcases their ability to create immersive environments. The company has received significant funding, totaling $1.1 million as of October 2021, which supports their ongoing innovation and development in the VR space. ZenART VR's team consists of seasoned professionals from the gaming and technology industries, further solidifying their expertise and commitment to pushing the boundaries of virtual reality.

25. Madras MindWorks Pvt Ltd

• Website: madrasmindworks.com
• Ownership type: Private
• Headquarters: Chennai, Tamil Nadu, India
• Employee distribution: India 100%
• Founded year: 2015
• Headcount: 11-50
• LinkedIn: madras-mindworks

Madras MindWorks Pvt Ltd, based in Chennai, Tamil Nadu, India, is an immersive technology company that specializes in augmented reality (AR), virtual reality (VR), and mixed reality (MR) solutions. Founded in 2015, the company has established itself as a player in the immersive technology sector, focusing on creating tailored solutions for various industries, including healthcare, education, and industrial training. With a team of passionate professionals, Madras MindWorks has developed products like DriVRS, a forklift simulator, and CricketR, a virtual reality cricket game, showcasing their versatility in application. They have also created a DIY VR/AR platform called MindWoX, which reflects their innovative approach to making immersive technology accessible. The company has accumulated over 270,000 development hours in the AR/VR domain and has produced more than 280 unique experiences, highlighting their active engagement in the industry. Their commitment to research and development in immersive technologies positions them as a relevant player in the virtual reality simulation systems market.

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