VirTra Inc (VTSI): Not sure who would sell on today's e...

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Re: TEEROY post# 49670

Monday, 08/31/2020 3:29:39 PM

Monday, August 31, 2020 3:29:39 PM

Not sure who would sell on today's exciting news, but I was gladly buying. The $1.9M contract is nice. But I also like the sound of this from the PR:

Under the terms of the agreement, VirTra will serve as a subcontractor to IST, which recently secured a portion of the 6-year ADMIRE contract, valued at $135 million. The intent of the contract is to develop technology that improves US military warfighters’ decision-making and marksmanship skills. As part of its partnership with IST, VirTra will develop an expanded high-resolution library of content and an enhanced simulation software engine, which will also integrate biometric feedback that is captured, synched, and meta tagged to improve models and methodologies that optimize human performance. VirTra’s work on this task order has already begun and VirTra’s involvement on the contract is expected to run through June 30, 2022.