When running Babylon.js in Node.js it is not enough to load the wasm, as it is required to use Node.js’ WebAssembly runtime to parse the file (https://nodejs.dev/en/learn/nodejs-with-webassembly/).
We will need to find a clean way to introduce file loading in different environments.
See discussion here - ImportAsyncMesh on server side without scene - #39 by bghgary
*Ported From GitHub