Virginia Governor Ralph Northam announced that Vytal Studios will invest $6.8 million to relocate its corporate headquarters from Austin, Texas to Richmond, Virginia.
The company will renovate the facility at 1802 Semmes Avenue to include studio space for filming content and office space for development and post-production functions. Virginia successfully competed with Florida and North Carolina for the project, which will create 155 new jobs.
Established in 2018, Vytal Studios is a technology company that builds and delivers custom employee and online training through immersive learning on a proprietary platform. Vytal Studios leverages the power of its state-of-the-art LED Video Wall production, Virtual Studio, combined with Epic Games Unreal Engine technology to create custom learning and development content.
Vytal Studios can create any environment or simulation its clients desire to resemble a learner’s work experience and maximize training effectiveness. With a team of learning specialists and best-in-class production managers, Vytal provides everything a company needs to create and deliver high-quality, engaging learning content, from script to finished product.
In addition to content creation, The Vytal App incorporates patented methods and processes to assess the aptitude, attitude, and interest of employees or potential employees for a particular job and then provides training and mentors specifically to their identified needs.
Vytal intends to engage the local community and collaborate with Virginia Commonwealth University and local stakeholders to develop an extended reality cluster in Richmond through a nonprofit organization called One Vytal Difference.
Governor Northam approved a $500,000 grant from the Commonwealth’s Opportunity Fund to assist the City of Richmond with the project.
Vytal Studios is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program. ■
A very active and complex mid-May weather pattern is set to produce numerous areas of severe weather, heavy rain, high winds, and anomalous temperatures through this weekend.