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Virtuix to Host Third Quarter Fiscal Year 2026 Results Conference Call on Thursday, March 5, 2026 at 8:30 a.m. Eastern Time
Globenewswire· 2026-02-23 12:47
Core Insights - Virtuix Inc. will hold a conference call on March 5, 2026, to discuss its Q3 fiscal results for 2026 and provide updates on various initiatives [1][2] Company Updates - The company is joining the Made for Meta program, enhancing compatibility of its Omni One system with Meta Quest headsets and games [1] - Recent expansion of Omni One sales to Europe has been noted, indicating growth in international markets [1] - Integration of AI-driven Gaussian splatting technology into the Virtual Terrain Walk (VTW) system is a key development [1] Financial Information - The conference call will be hosted by CEO Jan Goetgeluk and CFO Thomas McGinnis, followed by a Q&A session [2] - A press release detailing the financial results will be issued prior to the call [1] Company Background - Virtuix Inc. is a leading manufacturer of full-body virtual reality systems, with a focus on consumer, enterprise, and defense markets [3] - The company's flagship product, the "Omni" omni-directional treadmill, allows users to walk and run in 360 degrees within virtual environments [3] - Virtuix is committed to innovation in XR and AI, aiming to deliver immersive experiences globally [3]
Virtuix's Omni One now compatible with Meta Quest - ICYMI
Proactiveinvestors NA· 2026-02-20 21:35
Core Insights - Virtuix Holdings Inc has announced a collaboration with Meta through the Made for Meta program, making the Omni One compatible with Meta Quest headsets and games [1][4] - This partnership allows existing Meta Quest users to purchase the Omni One and use it with their current headsets, significantly expanding Virtuix's addressable market [2][5] - The company reported a 138% year-over-year growth and is poised for further expansion, including access to millions of active users in the XR space [6] Market Expansion - There are approximately 20 million Quest headsets in the market, with around 6 million active users, providing a substantial opportunity for Virtuix [5] - The collaboration with Meta is expected to enhance the gaming and fitness experience for users, integrating physical movement into VR gaming [6][8] Product Features - The Omni One allows users to walk and run in virtual environments, enhancing immersion and promoting physical activity [2][7] - The product is likened to the "Peloton for gamers," as it enables users to burn calories while playing, with potential calorie burns of up to 700 calories in an hour of gameplay [7]
Virtuix to Ring the Nasdaq Closing Bell on Wednesday, March 4, 2026
Globenewswire· 2026-02-19 12:47
Core Viewpoint - Virtuix Inc. is celebrating its listing on the Nasdaq by ringing the closing bell on March 4, 2026, marking a significant milestone for the company and its shareholders [2][7]. Group 1: Company Announcement - The Nasdaq closing bell ceremony will be broadcast live, starting at 3:45 p.m. Eastern Time, with the bell ringing at 4:00 p.m. Eastern Time [3]. - Company management will be in New York City from March 2 to 6, 2026, for media interviews and investor meetings [4]. Group 2: Company Overview - Virtuix Inc. is a leading manufacturer of full-body virtual reality systems, targeting consumer, enterprise, and defense markets [5]. - The company's flagship product, the "Omni" omni-directional treadmill, allows users to walk and run in 360 degrees within virtual reality applications [5]. - Virtuix is committed to innovation in XR and AI, aiming to deliver immersive experiences globally [5].
Virtuix Joins Meta's “Made for Meta” with AI-Powered 360-Degree Treadmill
Globenewswire· 2026-02-17 12:47
Core Insights - Virtuix Inc. has joined the Made for Meta program, enabling its Omni One treadmill to be compatible with Meta Quest headsets, thus expanding its market reach to millions of active users [2][3] Group 1: Company Developments - The collaboration with Meta positions Virtuix within a certified ecosystem, enhancing its consumer reach [2][3] - Virtuix's Omni One treadmill allows users to engage in immersive gameplay with natural movements in 360 degrees, combining gaming with physical activity [4] - The company reported a significant revenue growth of 138% year-over-year for the six months ending September 30, 2025, and has the capacity to produce up to 3,000 units per month, equating to approximately $100 million in annual revenue potential [5] Group 2: Market Positioning - Meta operates one of the largest immersive platforms globally, with tens of millions of Quest headsets in circulation, indicating a robust market for Virtuix's products [3] - The Made for Meta program allows select third-party manufacturers to create certified products that integrate with Meta's ecosystem, which could enhance Virtuix's product visibility and sales [3] Group 3: Future Outlook - Virtuix plans to provide further details regarding product compatibility and timing in the future, indicating ongoing development and strategic planning [3]
Virtuix expands Omni VR treadmill to Europe – ICYMI
Proactiveinvestors NA· 2026-02-14 14:06
Core Viewpoint - Virtuix Holdings Inc is expanding its consumer business into the European market with its flagship product, the Omni, an omnidirectional treadmill designed for immersive virtual reality experiences [1][2]. Group 1: Expansion into Europe - The company is officially entering the European consumer market, starting with the UK and then expanding to other EU countries [3][4]. - The European gaming market, particularly for PC gaming, has shown strong historical growth, making it an attractive opportunity for the company [4]. - The Omni is now available for purchase in Europe, with initial deliveries expected in mid-April [4]. Group 2: Production and Capacity - The company has a production capacity of 3,000 units per month, which translates to approximately $100 million in potential annual revenues [6]. - This capacity is expected to support the anticipated demand in the European market as the company scales its operations [6]. Group 3: Partnerships and Defense Sector - Virtuix is partnering with Unbound XR, a leading XR online retailer in Europe, to facilitate its expansion into the consumer market [5]. - The company is also exploring opportunities in the defense sector with its Virtual Terrain Walk system, which allows military personnel to virtually explore terrains before deployment [7]. Group 4: Investor Message - The company emphasizes its readiness to scale and the potential for high-margin enterprise and defense contracts, which are expected to drive growth and value creation for shareholders [8].
Virtuix expands Omni One VR system sales to Europe
Proactiveinvestors NA· 2026-02-11 13:43
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Virtuix Expands Omni One to Europe Following 138% Year-over-Year Revenue Growth
Globenewswire· 2026-02-11 12:47
Core Insights - Virtuix Inc. is expanding its Omni One sales to Europe, marking a significant milestone in its international growth strategy with initial shipments scheduled between April 13 and April 24, 2026 [1][6] - The Omni One Core system is designed for SteamVR gaming, offering true 360-degree physical movement and is priced at €2,995 in EU countries and £2,795 in the UK [2] - The expansion is supported by a partnership with Unbound XR, which will handle local fulfillment and logistics across the EU and UK [3] Market Context - Europe is recognized as one of the most active PC gaming markets globally, making the launch of Omni One Core a strategic move for Virtuix [4] - The company reported a remarkable 138% year-over-year growth for the six months ending September 30, 2025, and maintains an average customer rating of 4.8 out of 5 stars [5] Product and Performance - Omni One is often referred to as the "Peloton for Gamers," combining immersive gameplay with physical activity, allowing users to burn up to 700 calories per hour [4] - The company has production capacity for up to 3,000 units per month, translating to approximately $100 million in annual revenue potential [6] Financial and Operational Developments - Virtuix recently secured an $11 million investment following its listing on the Nasdaq stock exchange under the ticker symbol "VTIX," aimed at supporting expanded sales and marketing efforts [6][7]
Virtuix brings AI-built terrain to immersive military simulations
Proactiveinvestors NA· 2026-02-03 13:42
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Virtuix Brings AI-Generated Terrain to Defense Training and Simulation with Virtual Terrain Walk
Globenewswire· 2026-02-03 12:00
Core Insights - Virtuix Inc. has integrated AI-driven Gaussian splatting technology into its Virtual Terrain Walk (VTW) system, enhancing training and simulation capabilities in the defense sector [3][6] - The VTW system allows warfighters to physically navigate high-fidelity, geo-specific virtual environments, significantly improving mission planning and operational readiness [4][6] - The company aims to leverage this technology for various applications beyond defense, including industrial training, real estate visualization, and law enforcement [9] Company Overview - Virtuix Inc. is a leading manufacturer of full-body virtual reality systems, with a focus on consumer, enterprise, and defense markets [12] - The company's flagship product, the Omni One, is designed for immersive gaming experiences, allowing users to walk and run in 360 degrees [12] Technology and Innovation - The integration of Gaussian splatting reduces the time to create realistic virtual terrain from weeks or months to just hours, facilitating faster deployment of simulations [5][6] - The VTW system supports multi-user collaboration across more than 12 stations, enabling realistic mission planning and leader rehearsals [6] Market Adoption - Early adoption of the VTW system has been noted within defense organizations, with test units purchased by notable military institutions such as Yokota Air Force Base and the U.S. Air Force Academy [8] - The company showcased a proof-of-concept of the VTW system at the I/ITSEC tradeshow, demonstrating its potential in creating large, navigable virtual environments [7] Future Growth Strategy - Virtuix plans to complement high-volume consumer sales of its gaming system with high-margin enterprise and defense opportunities, including recurring revenues from software licensing [9] - The company believes that AI-driven 3D reconstruction is foundational to the future of virtual reality across various sectors [10]
Virtuix to Host Virtual Investor Webinar on Wednesday, February 4, 2026 at 11:30 a.m. Eastern Time
Globenewswire· 2026-02-02 20:30
Core Viewpoint - Virtuix Inc. is set to host a virtual investor webinar on February 4, 2026, to discuss its growth strategies, including a dual-use approach that combines consumer sales with defense contracts, and the role of AI-driven 3D reconstruction technology in enhancing product adoption across various markets [2][3][4]. Company Overview - Virtuix Inc. (NASDAQ: VTIX) is a leading manufacturer of full-body virtual reality systems targeting consumer, enterprise, and defense markets [5]. - The company's flagship product, the "Omni" omni-directional treadmill, allows users to walk and run in 360 degrees within virtual environments [5]. Webinar Details - The webinar will be hosted by Virtuix Founder and CEO Jan Goetgeluk and will include a question-and-answer session [3][4]. - Interested investors can sign up for the webinar and submit questions in advance [4]. Technology and Strategy - The company emphasizes a dual-use strategy that leverages high-volume consumer sales alongside high-margin defense contracts [3]. - AI-driven 3D reconstruction technology is highlighted as a key factor in accelerating product adoption in consumer, enterprise, and defense sectors [3]. Innovation Commitment - Virtuix is committed to innovation in the fields of XR (Extended Reality) and AI, aiming to deliver immersive experiences to users globally [6].