Bilbao, February 5th, 2026.- Virtualware (EPA: ALVIR), a leading expert in virtual reality for industry, listed on Euronext Growth Paris, closed 2025 with record bookings, exceeding €8 million. These bookings, derived primarily from government and nuclear projects, will enable the company to consolidate its position in the coming years. The company, which today presented its yearly unaudited results to Euronext, reported €4.32 million in revenue in 2025, a 2.85% increase YoY, with reported EBITDA of €598,50 ...

Core Insights - Virtualware has appointed Stephanie Smith, a Canadian nuclear engineer with over 35 years of experience, to its international advisory board, effective immediately for the 2026 fiscal year [1][2]. Company Strategy - Smith's appointment is part of Virtualware's strategy to enhance its leadership in Virtual Reality applications within the nuclear energy sector [4]. - The company has been developing advanced training systems for nuclear plant operators in collaboration with GE Vernova Hitachi Nuclear Energy for eight years [5]. Industry Context - The nuclear energy industry is experiencing increased demand for clean, reliable baseload power, with major economies investing in new builds and life extensions of existing plants [7][8]. - According to the International Energy Agency, nuclear capacity is expected to reach record levels by 2025 [8]. Company Achievements - Virtualware's Fuel Movement Simulator, built on its proprietary platform VIROO, has received a Brandon Hall Group Gold award for Best Advance in Augmented and Virtual Reality [6]. - The company has achieved B Corp certification, highlighting its commitment to sustainable innovation and responsible growth [9]. Company Background - Founded in 2004, Virtualware serves various global organizations and institutions, including GE Vernova, Petronas, and the Spanish Ministry of Defense [10]. - The company acquired Swedish firm Simumatik in October 2024, expanding its capabilities in digital twin and simulation technologies [11]. - Virtualware is listed on Euronext Growth Paris and had a market capitalization of €32 million as of the last trading session [12].

Group 1 - Virtualware has signed a contract worth over €5 million to implement its VIROO platform in 66 Centres of Excellence for Vocational Training in Spain [1][2] - The six-year agreement positions the VIROO platform as central to Spain's national strategy for enhancing Vocational Education and Training (VET) [2] - The new VET Centres will add to the existing 25 centres already utilizing the VIROO platform across Spain [2] Group 2 - The CEO of Virtualware, Unai Extremo, emphasized the importance of this initiative for growth and pedagogical innovation, aiming to enhance students' technical skills through immersive technology [3] - Virtualware, established in 2004, is recognized as a leader in immersive and 3D technology solutions [4] - In October 2024, Virtualware acquired Simumatik, enhancing its capabilities in digital twin and simulation technologies, aligning with its strategic plan for key industries [5] Group 3 - The company's strategic plan for 2024-2026 includes expansion into North America and a focus on both organic and inorganic growth [5] - Virtualware's client base includes notable companies and institutions such as GE Vernova, Petronas, and various universities [6] - The company operates from its headquarters in Bilbao, Spain, with additional offices in the US, Canada, and Sweden [6]

Core Insights - Ohio University, HTC VIVE, and Virtualware have partnered to launch the Digital Enterprise Collaboratory (DEC) to support advanced manufacturing in Ohio [1][2] - The DEC will enhance Ohio University's engineering education and workforce development through real-time collaboration using XR technologies [2][4] - The program aims to address the demand for new factory workers and prepare the local workforce for advanced manufacturing jobs [3][4] Partnership Details - The collaboration combines Ohio University's engineering expertise, HTC VIVE's XR technologies, and Virtualware's VIROO platform [2] - The DEC will facilitate product development and research by connecting university, industry, government, and Department of Air Force Research Laboratories members [2][4] Infrastructure and Facilities - The DEC will consist of two laboratories located at Ohio University's Athens Campus and the OHIO facility in Dayton [5] - These labs will be equipped with virtual reality tools and connected through the VIROO platform, enabling real-time collaboration and project sharing [5] Workforce Development - The initiative is expected to help meet the estimated demand for 7,000 new workers in advanced technology factories being established by companies like Intel and Anduril [4][5] - Ohio University will expand its existing manufacturing training and certification programs to support this workforce demand [3] Event and Launch - The DEC will officially open on May 5 at the Athens Campus and on May 7 in Dayton, coinciding with the Dayton Digital Transformation Summit [6]