Virtra Systems Inc specializes in providing advanced training solutions for law enforcement and military personnel, utilizing immersive simulation technologies
The company designs and manufactures a range of high-fidelity simulators, virtual reality systems, and training scenarios that enhance decision-making and tactical skills in realistic environments. By focusing on the latest advancements in simulation technology, Virtra aims to improve the effectiveness and safety of training programs, ultimately aiming to prepare individuals for real-world challenges in critical situations. Additionally, their offerings extend to providing support and services that ensure effective use and implementation of their training solutions.
CHANDLER, Ariz., Aug. 22, 2024 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, is confirmed to present at the 2024 Annual Gateway Conference, which is being held September 4-5, at the Four Seasons Hotel in San Francisco, CA.
VirTra shares down after reporting worse-than-expected Q1 results with revenue decline of 19% due to delays in federal funding and cost increases from Microsoft contract. CEO anticipates revenue growth with launch of V-XR, CFO sees growth in recurring revenue streams.
