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Soldiers Train with Squad Immersive Virtual Trainer
https://www.dvidshub.net/video/932546/soldiers-train-with-squad-immersive-virtual-trainer
Are these Virtra recoil kits?
(Video from July 30, 2024)
How is Mr. Tony Cianfloni doing?
Today, Virtra posted on X and instagram that federal grants (how much?) are available again, meaning the federal gov is releasing the funds that were promised in March.
Ref to this article on the Virtra website:
https://www.virtra.com/new-and-upcoming-grant-opportunities-blog/
VirTra Set to Join Russell 3000® Index
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, is set to join the broad-market Russell 3000® Index at the conclusion of the 2024 Russell indexes annual reconstitution, effective after the US market opens on July 1, according to a preliminary list of additions posted last month.
Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.
“VirTra’s inclusion in the Russell 3000® validates our strategic progress and highlights our forward trajectory as a leader in effective training solutions for law enforcement and military applications,” said CEO John Givens. “Over the past year, we’ve significantly enhanced our operational capabilities and continued to innovate to meet the growing demand in these markets. We expect our inclusion in this respected index to bring increased exposure to the broader investment community as we work to deliver long-term value to our shareholders.”
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Russell’s US indexes serve as the benchmark for about $10.5 trillion in assets as of the close of December 2023. Russell indexes are part of FTSE Russell, a leading global index provider.
For more information on the Russell 3000® Index and the Russell indexes reconstitution, please visit the “Russell Reconstitution” section on the FTSE Russell website.
About VirTra Inc.
VirTra (Nasdaq: VTSI) is a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement, military, educational and commercial markets. The company’s patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations. VirTra’s mission is to save and improve lives worldwide through practical and highly effective virtual reality and simulator technology. Learn more about the company at www.VirTra.com.
About FTSE Russell
FTSE Russell is a leading global provider of benchmarking, analytics, and data solutions for investors, giving them a precise view of the market relevant to their investment process. A comprehensive range of reliable and accurate indexes provides investors worldwide with the tools they require to measure and benchmark markets across asset classes, styles, or strategies.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products, and index-based derivatives. ???????
FTSE Russell is focused on applying the highest industry standards in index design and governance, employing transparent rules-based methodology informed by independent committees of leading market participants. FTSE Russell fully embraces the IOSCO Principles, and its Statement of Compliance has received independent assurance. Index innovation is driven by client needs and customer partnerships, allowing FTSE Russell to continually enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit https://www.lseg.com/en/ftse-russell.
Forward-Looking Statements
The information in this discussion contains forward-looking statements and information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “will,” “should,” “could,” “predict,” “potential,” “continue,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that we make. The forward-looking statements are applicable only as of the date on which they are made, and we do not assume any obligation to update any forward-looking statements. All forward-looking statements in this document are made based on our current expectations, forecasts, estimates and assumptions, and involve risks, uncertainties and other factors that could cause results or events to differ materially from those expressed in the forward-looking statements. In evaluating these statements, you should specifically consider various factors, uncertainties and risks that could affect our future results or operations. These factors, uncertainties and risks may cause our actual results to differ materially from any forward-looking statement set forth in the reports we file with or furnish to the Securities and Exchange Commission (the “SEC”). You should carefully consider these risks and uncertainties described and other information contained in the reports we file with or furnish to the SEC before making any investment decision with respect to our securities. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by this cautionary statement.
Investor Contact:
Matt Glover and Alec Wilson
Gateway Group, Inc.
949-574-3860
VTSI@gateway-grp.com
Virtra has been added to the Russell 3000 index
Last years cutoff was $159mil
Who knows, market cap today is $175mil (as per yahoo finance)
You might very well be right.
The bullish sentiment on Social Media is spreading....
Thanks!
Rumors are that Virtra is one whisker away from qualifying for the Russell 2000 index. Don't know if this is true, don't know if that will change anything.
Sold a bunch @ 15, bought back @ 12 couldn't resist.
Hopefully the $3m down payment in Q4 and the Microsoft contract are unrelated......
VirTra Awarded $5.9M Prototype Contract from U.S. Army IVAS Prime Contractor Microsoft
CHANDLER, Ariz., April 18, 2024 (GLOBE NEWSWIRE) -- 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 a $5.9 million order for prototypes to support the U.S. Army’s Integrated Visual Augmentation System (“IVAS”) program. This order represents an important continuation in VirTra’s engagement with the IVAS program. VirTra will recognize revenue in three phases with reliability testing, soldier assessment, and final hardware deliveries, all scheduled in 2024.
The order includes bolt kits and magazines and high-pressure air fill stations for the IVAS program specifications with Microsoft as the prime contractor. In its role as the prime contractor, Microsoft ensures cohesive project delivery, integrating VirTra’s training hardware with the objectives of the IVAS program. The recoil hardware has been engineered with a focus on intense environmental conditions, performance and reliability. To achieve uninterrupted and realistic recoil feedback, the fill stations utilize high-pressure air (HPA) technology reaching 3,000 psi. The hardware has been engineered for a realistic training experience for our military personnel.
John Givens, CEO of VirTra, stated, “This additional prototype contract award, in support of the IVAS program, is a testament to the reliability and performance of our technology. This series of awards has implemented new features and tuned our design to meet the rigorous requirements of the program. Our enhanced production capabilities and investment in new technologies have solidified our contract execution by improving quality and capacity.”
Over the past two years, VirTra has significantly expanded its production capacity and improved operating efficiencies, while refining its hardware designs. These advancements highlight the Company’s readiness for mass production and commitment to fulfilling the U.S. Army’s expanding needs. In support of this effort, Microsoft has scheduled on-location Soldier Assessments at Fort Belvoir, Virginia, in 2024.
The U.S. Army’s requirements highlight the industry’s shift towards more advanced and immersive training experiences for servicemembers. VirTra’s recoil hardware will provide enhanced training capabilities and readiness to support improved standards for military training and set the stage for future advancements in defense technology.
For more information about VirTra’s advanced recoil kits and other innovative training solutions, please visit VirTra’s website: https://www.virtra.com/tool/military-recoil-kits/
About Integrated Visual Augmentation System (“IVAS”) Program
The Integrated Visual Augmentation System (IVAS) provides a single platform that allows the Soldier to Fight, Rehearse, and Train. It leverages tactical Mixed Reality to increase the Warfighter’s battlefield awareness and ability to rapidly identify potential threats and take decisive action. The IVAS enables tactical planning, networked information sharing, and an augmented reality Synthetic Training Environment (STE) that will enable Warfighters to fight 25 “bloodless battles” before engaging the enemy.
The Army is developing IVAS to respond to an erosion in close combat capability relative to pacing threats identified in the 2018 National Defense Strategy via a Middle Tier Acquisition (MTA) Rapid Prototype pathway. IVAS integrates next generation 24/7 situational awareness tools and high-resolution simulations to deliver a single platform that improves Soldier sensing, decision making, target acquisition, and target engagement. These capabilities will provide the increased lethality, mobility, and situational awareness necessary to achieve overmatch against our current and future adversaries.
If the same "entity" has been accumulating shares the last few days, they must have reached the 5% ownership threshold by now and have to file a 13D within 10 days.
Part of an acquisition scenario? Bohemia was sold for $200m.
The Gomes sell off could be just an opportunity to buy more below 20.
Tell me I'm nuts.
Keeping my remaining 60k for now.
ROTH has just raised its VTSI price target to $19
For the first time, Bob did not (co)host a conference call.
With the recent synergy between Bohemia (John Givens, Richard Brake) and Virtra, I expect BAE systems to be very interested.
Another acquisition in the making?
Another $200m? That's indeed 20 a share. Something is brewing, for sure.
https://investorplace.com/2024/01/3-stellar-stocks-that-could-make-you-a-millionaire-by-2026/
"The new product (V-XR) received a strong market response, resulting in hundreds of inquiries and preorders, signalling substantial product interest and potential revenue generation"
Preorders? Did John Givens mention did? If not, how do they know?
By the way, this article is also published verbatim in Spanish and German (I think).
Are investors waking up?
https://www.shephardmedia.com/news/training-simulation/german-military-to-expand-use-of-vbs4-for-training/
Another small piece of the puzzle.....
"Fate" lol
Bohemia Interactive was acquired by BAE in March 2022 for $ 200m.
I expect a similar faith for Virtra within 24 months.
First time I see Virtra hiring for Third Shift.....
Secret Service is spending between $250.0k and $500.0k for new Virtra scenarios.
https://www.highergov.com/agency/secret-service-usss-475/
Thank you sharp
Granted, they lease one sim in the city of Montpellier.
On Twitter, Virtra announces a new exclusive distributor and representative for France : EDS Pro Formation. This must be a joke? Working capital 10,000.00 Euro, no website, basically one man operation ( who manages 8 or so other companies and owns 51% of the shares) . Covering the whole of France??? Please tell me I am wrong
IMO, the last Story Trading interview with the 2 CEO's was on 01 May.
Did I miss a more recent one?
Interesting podcast with Kevin Crawford
https://www.ivoox.com/en/virtra-vtsi-with-kevin-crawford-audios-mp3_rf_106319180_1.html
VirTra to Participate in the 35th Annual ROTH Conference on March 12-14th, 2023
VirTra, Inc. (Nasdaq: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, will be attending the 35th Annual ROTH Conference being held March 12-14, 2023 at The Ritz Carlton, Laguna Niguel located in Dana Point, CA.
VirTra’s chairman and co-CEO, Bob Ferris, will hold one-on-one meetings with institutional investors and analysts throughout the conference. For additional information or to schedule a one-on-one meeting with VirTra management, please contact your Roth representative or VirTra’s investor relations team at VTSI@gatewayir.com.
How to convince institutional investors this time ? With what message? With what promise?
Selling @ 6$ didn't bode well last time.
$$$ To be a fly on the wall LOL
Lots of companies announcing their financial results for the fourth quarter and year ended December 31, 2022.
Why not Virtra?
Why always wait for the (legal) deadline?
Starting to get nervous about the company being in contempt of the shareholders.
14 jobs on the career page.
Expansion or revolving door?
Thanks for the heads up!!