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What a lazy post. At least put it into a poem! Twister, can you help this guy out?
This is a disgrace. We trickle down every day. Can not sustain any gains we have, over a decade of this. So many other opportunities elsewhere. They are asleep at the wheel. No updates no news nothing.
https://www.reddit.com/r/VTSI/s/TQKRZglHFa
Join a Virtra board on Reddit
John Givens Takes the Helm: A New Era for Simulation Training
Muhammad Jawad
15 Feb 2024 08:49 EST
John Givens takes the reins of the NCS Board of Directors, setting the stage for a new era in simulation training. VirTra's advanced solutions, embraced by the 10th Special Forces, offer unparalleled realism and adaptability in training scenarios.
In a significant stride forward for the simulation industry, John Givens has ascended to the helm of the National Center for Simulation (NCS) Board of Directors. This marks a pivotal moment not just for Givens, a seasoned veteran in simulation technologies, but also for VirTra, a company at the forefront of revolutionizing training methodologies. With the backdrop of a buoyant market, VirTra's shares soared to $11.70, brushing its 52-week zenith, a testament to the market's confidence underpinned by Lake Street analyst Jaeson Schmidt's optimistic outlook, pegging a Buy rating with a target of $13.00.
Charting New Horizons in Simulation Training
At the heart of this narrative is the innovative use of VirTra's simulation training software by members of the elite 10th Special Forces Group (Airborne). This cutting-edge technology, laced with artificial intelligence, is redefining readiness, offering scenarios that range from active threats to high-risk entries. The software's intelligent design allows it to adapt to users' decisions in real-time, providing a dynamic training environment. This unparalleled tool is overseen by cognitive performance specialists, ensuring that the training is not only about physical readiness but also about sharpening decision-making skills under pressure.
A Legacy of Innovation and Leadership
John Givens' journey to the chairmanship of the NCS Board of Directors is a narrative of dedication and visionary leadership. With an illustrious career that spans over decades, including a significant tenure as President of Bohemia Interactive Simulations, Givens has been at the vanguard of simulation technology. His election as Chair after six years of active involvement in various capacities within the NCS underscores his commitment to advancing the field. The NCS, under Givens' leadership, is poised to navigate the future challenges of the simulation industry, continuing its mission to foster growth and innovation in modeling, simulation, and training technology.
VirTra: Pioneering the Future of Training
VirTra's role in this evolving landscape is pivotal. As a global provider of judgmental use of force training simulators and firearms training simulators, the company is not resting on its laurels. The use of its simulation training software by the 10th Special Forces Group (Airborne) is a case in point. It offers a glimpse into the future of training, where the use of live ammunition is no longer the only option for achieving high levels of readiness. This paradigm shift towards simulation-based training is not just about efficiency and safety; it's about preparing for real-life scenarios with a level of fidelity that was previously unimaginable.
As we look at the trajectory of VirTra and the NCS under the stewardship of John Givens, it's clear that the confluence of visionary leadership and innovative technology is setting new benchmarks in the industry. The strong market performance of VirTra, coupled with its groundbreaking training solutions, underscores a future where simulation technology is not just an adjunct but a central pillar in training regimens across various sectors. This journey, marked by milestones such as Givens' election and the strategic use of artificial intelligence in training, heralds a new era for simulation technology— one that promises unlimited opportunities for practice, preparedness, and ultimately, proficiency.
https://bnnbreaking.com/tech/john-givens-takes-the-helm-a-new-era-for-simulation-training
I hope it was a great Q4. I’ve just been burned so much lately (UIS this week) that I have come to expect the worst.
I’m inclined to think positively. Fantastic Q4!
Yep, the run is done. Start buying again this Summer a couple bucks below Ferris recent sells. If Q4 was lumpy-bad…..4s or worse.
Nasdaq up huge and we continue to tank. Back to 7s soon. Smh
VirTra CEO John Givens Appointed as Executive Committee Chair for National Center for Simulation
https://finance.yahoo.com/news/virtra-ceo-john-givens-appointed-130000704.html
Nice PR this morning! Should help in all aspects of promoting the company and creating more awareness!
Thanks, accurate information always appreciated!
Your incessant hype has no ends! EOM
Wow the stock did great today! Did they put out guidance???
Buy low, sell high but without deception!
Maybe some day you will learn about integrity.
Maybe some day you'll understand investing.... buy low sell high, take that to the bank old-timer
Hype on, but to someone else!
Historic information is known.
Your ONLY concern is your own profit.
Save the cover story... You were already exposed.
Past clunker quarters and rewarding failed financials count.
Well, they count to those seeking balance rather than hype served up.
Hopefully they have turned that page, and we will see but will not be blind to it.
Drivel??? I haven't heard any rational points from you yet? What guidance would make you happy? Do you want fluff pr's go to Zack's they put out plenty.... and the company IS doing great over the last 3 Q's, and Givens has done a great job so far THE NUMBERS back it up!
'Great' for you, remains a very narrow definition!
Great for others at this price, based on currently available public information, not so much.
'Fair valuation' perhaps generous until progress on the path forward is revealed.
To that end was my post regarding the lack of follow-up guidance.
Kindly direct your future silly drivel toward others.
And you whine, I don't understand what point you are attempting to make? The company has had 3 great Q's in a row?
When you are dealing in gov't contracts it is very difficult if not impossible to give guidance. I am invested in several small companies that do gov't contract work, the ones that make "predictions" on when a contract gets approved often get crushed because it rarely happens in the expected timeframe... we'll find out when earnings come out and again shortly after that...
Great for others to play the sap...I see!
You provide the roses, helping others load up THEIR trucks with VTSI.
In November we were at 4.50, bought plenty then. At my limit now....
Hold fast your dream-world bliss!
So 'great' and yet you babble rather than buy.
$11.26
Do we need some hand holding??? Stock is doing great, volume has been excellent, they put out news when they think it is warranted....
Company lack of year-end update hitting share price!
The company appears but a silent passenger seemingly unaware of its destination.
Focused expectations moving into another successful year should be set.
Recap past year successes with responsibility taken for misses.
Appearance of less than uniform information access and availability an issue, IMHO.
$ 11.34
I should have said PTFD.... I figured you'd get a kick out of it : )
“PTSD from Ferris”….That was a great line! Still laughing….cuz it’s sorta true.
Lighten up Francis
Are you guys out of your mind???? Do you really think a 100 million dollar company is doing something stupid like that? They posted a picture saying we're sending out orders... nothing more.... you guys are just as guilty implying they are not! I know fish is bored when he posting stuff like that, or just ptsd from Ferris..... the company is still doing great till you see something different in the filings
Your sorta comment Fish wondering on the pic is spot on. Working in Manufacturing for a few different companies, that looked exactly like what they had us do to make it look like the product is moving out the door quickly and plenty more to come. I don't know any fork truck driver that would stage the pallets that way BUT I'm just going to keep thinking positive that they simply wanted it to look really nice and the product is moving quickly. And more to come.
And how many agencies/sims are represented? Looks like 8-300s, 1-100, a box of 500-recoil kits and a box of 50-XR headsets. Or not. 😂
Empty boxes? Staged at a weird angle? Just kidding….sorta.
They should put up a live webcam with that view! Think of all the sleuthing and speculating we could do.
FY24 Implementation of De-Escalation Training Act—Community Policing Development
This program has one open solicitation. The Law Enforcement De-Escalation Training Act of 2022 directs the U.S. Department of Justice to develop or identify existing training for law enforcement officers and covered mental health professionals regarding (i) employing de-escalation tactics and alternatives to use of force; (ii) safely responding to an individual experiencing a mental or behavioral health or suicidal crisis or an individual with a disability, including techniques and strategies that are designed to protect the safety of that individual, law enforcement officers, mental health professionals, and the public; (iii) successfully participating on a crisis intervention team; and (iv) making referrals to community-based mental and behavioral health services and support, housing assistance programs, public benefits programs, the National Suicide Prevention Lifeline, and other services.
In addition, the U.S. Department of Justice is expected to establish processes to certify training programs and courses offered by public and private entities to law enforcement officers and covered mental health professionals and to terminate the certification of a training program or course if the program or course fails to continue to meet the standards under the training curricula developed or identified. The primary goal of this program is to develop and support a training approval program as specified in the Law Enforcement De-Escalation Training Act of 2022. The project must focus on the development and pilot implementation of a standards-based approval process and promotion of its use and benefits to the law enforcement field. Applicants should plan to address their experience and
capacity with establishing substantive curriculum standards, managing certification or approval processes, evaluating training, and working with diverse stakeholders.
All awards are subject to the availability of appropriated funds and any modifications or additional requirements that may be imposed by law.
There is one award for up to $750,000 available through the FY 2024 Implementation of De-Escalation Training Act CPD program. The award is two years (24 months) in length. There is no local match.
https://cops.usdoj.gov/pdf/2024ProgramDocs/cpd_de_escalation_training_act/Pre_Award_Fact_Sheet.pdf
Saw this today
https://hubs.li/Q02jmn840
In hospitals now! Pretty cool!
Is the run done? What will the Q4 numbers look like? Current PS is 3.7, rather rich imo. A little over 2months ago this was a $4.x dollar stock. Nothin is ever easy.
Over the last approx 2 years premarket activity has become meaningless even when there is volume. I wish I understood why.
Also posted in n their FB feed with some pix of said equipment
Could be Sharp! There was just a post from Virtra on LinkedIn stating that they just acquired some new machinery to increase production... sounds interesting.... ya'll will have to see post on LinkedIn as it doesn't let me copy the text
True-Fire has been around since early 2023. Maybe it was one of the differentiators on the SVT bid which was due late 2022. Also it's interesting timing that they're debuting it now and it coincides with the recent stock price run-up. Wonder if there's been some confirmation of involvement in SVT.
From the 10-k:
Simulated Recoil Kits - a wide range of highly realistic and reliable simulated recoil kits/weapons. These drop-in conversion kits fit into real weapons but safely simulate the most powerful recoil on the market and even lock-back when out-of-ammunition or simulating a dud. True-Fire™ is a patented solution that uniquely empowers VirTra customers with such reliable and accurate firing events so they can perform simulator-based weapon qualification and courses of fire (COF). During 2022, VirTra’s engineering team further enhanced True-Fire™ technology with new patent pending features. In addition, VirTra has formulated the unique ArmorGen(TM) coating to certain recoil kit parts to increase durability and reduce maintenance requirements beyond any other coating we have tested.
VirTra Debuts Advanced Training Content and True-Fire™ Recoil Kits at SHOT Show
Source: GlobeNewswire Inc.?
VirTra, Inc. (Nasdaq: VTSI) ("VirTra" or the "Company"), a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement and military markets, today announced new video-based scenarios for its training simulators and unveiled its True-Fire™ recoil kit, which is designed to minimize false firing incidents. Alongside this, the Company is expanding its V-Author® library by adding 27 new characters, including hospital and corrections workers, as well as community members, patients, and inmates. The new content and True-Fire™ recoil kits are set to launch at SHOT Show on January 23-26 at the Venetian Expo in Las Vegas, Booth #20535.
The newest video-based scenarios encompass a variety of situations such as active shooters, suspicious subjects, disturbances, duty to intervene, traffic stops, and more. Available in 4K resolution, these scenarios give law enforcement members a crystal-clear, highly immersive view of the action. Each scenario is crafted using top-tier cinematic equipment and professional actors, enhancing the realism of the training experience. Furthermore, the entire production process – from writing and filming to quality assurance – involves subject matter experts at each stage to ensure each scenario is accurate and effective for learning.
VirTra CEO John Givens stated: “Training content needs to align with the specific mission that individuals and teams are trying to accomplish, which is why we’re producing content that closely mirrors real-world scenarios. VirTra is hyper-focused on the production of superior scenarios and character, tailored for the unique needs of law enforcement, corrections, and hospital staff. We’ve invested in state-of-the-art equipment, skilled personnel, and subject matter experts, and we regularly survey our customers to ensure that our content is effective and of the highest quality. Every piece of content we produce is crafted to ensure our clients are trained effectively no matter what their state or agency policies require.”
One notable scenario equips officers and security personnel to handle active threats at places of worship. In this immersive simulation, officers respond to multiple reports of an active shooter. They must navigate the scenario by engaging threats while simultaneously being aware of fleeing innocents, testing their ability to make split-second decisions about potential threats. The scenario also incorporates elements of de-escalation and hostage negotiation, further diversifying the training experience and providing situational awareness that is challenging to replicate outside this immersive environment. To address various training objectives, the multiple incidents within this single scenario have been divided into three sections, each focusing on different training points.
V-Author® is VirTra's scenario authoring tool that allows users to create their own scenarios using just a panoramic image. This user-friendly tool lets instructors drag and drop characters into the scene and assign them specific actions. Enhancing this capability, VirTra has added 27 new characters to the V-Author® library. This includes 18 characters tailored for the hospital industry and 9 designed specifically for the jails and corrections industry. Each character comes with a range of actions, providing instructors with the flexibility to tailor scenarios to specific training objectives. The expanded roster of V-Author® characters reflects VirTra’s commitment to supporting training needs in various sectors, especially for hospital staff, security personnel, and corrections officers.
These characters are created using VirTra's state-of-the-art Volumetric Capture Studio, which captures the true likeness of real actors. Thanks to this innovative technology, the video-based characters seamlessly integrate into various training formats. They can drag and drop the characters to be readily incorporated into both traditional video scenarios and VirTra’s headset-based virtual reality product, V-XR®.
In addition to the new training content, VirTra is introducing True-Fire™, a mechanical enhancement to its recoil kits. This feature, designed to minimize false firing incidents, is a significant advancement in training realism. True-Fire™ includes upgraded materials and firmware/software improvements to prevent unintentional shot registration when a weapon is slid, tapped, or dropped during simulations. Many tetherless recoil kits on the market typically register false fire which skew the results in the final training evaluations, and VirTra has created a proprietary solution that will debut at SHOT Show.
If you would like to have a demonstration of VirTra's newest technology and content, email sales@virtra.com or stop by Booth #20535 at SHOT Show.
Big volume, 12.20+ close?….today could be it!
Volume still seems very elevated and strong to me, Friday was 150k shares. 110k equates to 1% of the 11mil outstanding shares. I always figure 1% is very healthy and we are well above. And the tradeable float is likely about 8 or 9million shares.
I will breath a big sigh of relief if it can power through and close above 12.2ish on volume.
Looks like the volume is gone. I’m surprised we are still where we are price wise.
Two Nile was supposed to be twinkle
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COMPANY PROFILE: VirTra Systems, Inc. develops, sells, and supports use-of-force and marksmanship firearms training simulators in Arizona and internationally. Its products comprise V-300 simulator, a 300 degree wrap around screen for simulation training; V-180 simulator, a 180-degree screen for smaller spaces and budgets; V-100, a single-screen based simulator system; V-ST, a realistic single screen simulated shooting range simulator; and Top SME Content, a content supplied with its simulators. The company also offers V-Author, a software that allows users to create, edit, and train with content specific to agency objectives; Simulated Recoil, a range of realistic and reliable simulated recoil kits/weapons; and Threat-Fire, a return fire device that applies real-world stress on the trainees during simulation training. It serves law enforcement judgement use-of-force simulation training, military firearms simulation training, and civilian simulation shooting markets. The company sells its simulators and related products through a direct sales force and distribution partners. The company was formerly known as Ferris Productions, Inc. and changed its name to VirTra Systems, Inc. in April 2002. VirTra Systems, Inc. was founded in 1993 and is headquartered in Tempe, Arizona.
VIRTRA SYSTEMS WEBSITE: http://www.virtra.com/
VIRTRA SYSTEMS FACEBOOK: http://www.facebook.com/pages/Virtra-Systems-Inc/100717131887
VIRTRA SYSTEMS TWITTER: http://twitter.com/VirtraSystems
VIRTRA SYSTEMS YOUTUBE: http://www.youtube.com/user/VirtraSystems
Bob Ferris, CEO
VirTra Systems, Inc.
7970 S. Kyrene Rd.
Tempe, AZ 85284
telephone (480) 968-1488 x5014
telecopier (480) 968-1448 fax
bferris@virtra.com
Contract - Websites
https://www.usaspending.gov/#/keyword_search/virtra
https://buyandsell.gc.ca/procurement-data/search/site/virtra
https://www.tenders.gov.au/?event=public.advancedsearch.keyword&keyword=virtra
https://www.defense.gov/News/Contracts/
https://govtribe.com/vendor/virtra-systems-inc-tempe-az
https://www.fbo.gov/index?s=opportunity&mode=list&tab=list
http://www.peostri.army.mil/
ThreatFire Patent:
Click here
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