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 VR treadmill to Europe – ICYMI