VTIX is trading at $4.00 (+13.82%) following a major announcement regarding a new defense partnership.
- The company announced that the U.S. Marine Corps Training and Education Command (βTECOMβ) is collaborating with Virtuix to assess a multi-user virtual infantry training system.
- The project will use four of Virtuix's Omni One omni-directional treadmills to allow a fire team of four Marines to train together in a shared virtual environment.
- This news builds on Virtuix's growing business with the U.S. defense sector, adding to existing sales to the U.S. Army and Air Force, and a development agreement with the U.S. Navy.