VirTra Inc (VTSI)

[looksgoodtoome]

Any update on this Sharp? I cant find any new deals related to this.

2) STE-LTS: https://nstxl.org/opportunity/synthetic-training-environment-live-training-system-ste-lts/ this deal is set to be awarded (according to TSIS conference, was supposed to be yesterday) in the next few days and, again, according to TSIS commentary, there will be multiple awards given. I don’t believe this is the deal because it’s been in RFP since only January and prior to that it was set to be a later program (like 2024 and beyond) and only decently pushed to be done earlier by Congress. Bobs commentary makes it seem like hiring and the raise has already happened In May and this contract, while In negotiations in April, has not been awarded. This is a ton of hiring and dilution without a guarantee of a deal. That said, this contract is so fitting to VirTra’s capability that it is hard to overlook. They could solve the entire direct fire problem space by figuring a way for the recoil kit to efficiently interface with the IVAS puck. This isn’t necessarily an easy technical challenge IMO, but it seems the most obvious solution that scales to years of technological advancement. If a weapon can interact with a computer in high fidelity (which CEO Ferris and the Army have both used to describe VirTras recoil kits and the army’s needs), they have created the e-bullet. VirTra’s recoil kit solves this problem currently with a laser, so it might be adequate for now while the ebullet tech is developed.