Dynepic Case Study:

Revolutionizing Training with XR Technologies

In 2018, Black Lab X recognized a pivotal opportunity in the burgeoning field of extended reality (XR) and made a strategic seed investment in Dynepic, Inc. This investment was aimed at propelling Dynepic's innovative MOTAR platform, which integrates advanced XR applications and AI to transform training and operational readiness, primarily within the US military.

Investment Snapshot

Year of Investment: 2018

Investment Type: Seed Round

Seed Round: $3M

Lead Investor: ———

Company Overview:

Founded in 2011 and headquartered in Reno, Nevada, Dynepic is spearheaded by Krissa Watry, a distinguished USAF Academy graduate and MIT engineer. The company has developed MOTAR, a secure "platform of platforms" designed to enhance knowledge transfer and skill development across multiple dimensions. Initially tailored to the toy industry, MOTAR gained significant traction within the US Military, particularly after winning the AFWERX Mixed Reality Platform challenge in 2019.

Achievements and Impact

Revenue Growth:

Achieved profitability in 2021 with a revenue of $15.6M in 2023, reflecting a 71% gross profit margin.

Strategic Expansion:

Secured a $51 million contract in 2023 to enhance military training capabilities, underscoring the platform’s pivotal role in modernizing defense training protocols.

Product Innovation:

Continuous enhancement of the MOTAR platform, including integrations for AI-driven analytics and a no-code XR lesson creation tool, expanding its applicability and user base.

Market Potential & Future Prospects:

The global market for XR in training and education is rapidly expanding, with significant growth potential as industries recognize the value of immersive learning environments. Dynepic’s MOTAR platform is uniquely positioned to capitalize on this trend, offering scalable and secure solutions that cater to a wide range of training needs. With a robust development roadmap and strategic expansions into AI and monetization systems, Dynepic is poised for substantial growth, targeting over $200M in annual revenue by 2027.

Conclusion:

Dynepic exemplifies Black Lab X's commitment to fostering innovative technologies that have profound impacts on societal and operational efficiency. Through strategic investment and support, Dynepic is not only advancing in the XR market but is also setting new standards for immersive training technologies worldwide.