OpTech4D expands in Houston with virtual technology
HOUSTON, Texas — OpTech4D, a Houston-based tech company, is launching a new division that will specialize in virtual reality training technology.
The new software is designed to help augment training in the energy industry, helping new employees better understand the workings of a rig. Similar to a video game, a user selects tools to use and complete a variety of tasks, even down to what clothes to wear.
Despite persistent low oil prices, investors have been infusing cash into energy technology companies in Houston. For example, Houston-based Infrastructure Networks raised $3.3 million in September, and in August, a Statoil-backed company raised $3.5 million to develop a natural gas compressor.
Source: Houston Business Journal