In my case yes, the Sim is seeing both the TM HOTAS and also the Velocity One flight yolk. They both function with the default profiles. The problem is when I create a new custom profile and save it, as soon as I exit out of controller settings and then go back in, all saved custom profiles just disappear.
It’s bad enough that I lost all my saved profiles but now it won’t even let me save new ones I’ve tried to create. Plus the Velocity One now conflicts with the Xbox controller in that when I’m in world map view, the right thumb stick only has up and down control, left to right won’t work. As soon as I unplug the Velocity One, the Xbox controller works fine.