Virtuix announced its Board of Directors has formed a special committee to evaluate and pursue potential acquisitions in the defense training and simulation industry. The strategic initiative aims to accelerate revenue growth and expand access to government contracts, leveraging the company's growing momentum in the defense sector.
Key Details
- Target Profile: The committee is actively reviewing opportunities and targeting companies with recurring defense revenues in the $10M-$50M range.
- Strategic Goals: Key objectives for acquisitions include gaining access to government contract vehicles, acquiring critical "past performance" credentials, and accelerating revenue scale in 2026.
- Recent Business Development: This strategy follows recent successes, including a new project announced on May 5, 2026, to lead the development of a VR infantry training system for the U.S. Marine Corps.