Virtra Inc (VTSI) 시세

All That Glitters is Not Gold!
The Inconvenient Truths About VR-based Goggle Training
by Lon Bartel and Bob Ferris
VirTra, Inc.
23 January

https://www.facebook.com/virtrasystems/photos/realistic-human-characters-pass-through-technology-built-in-certified-curriculum/1390093488946898/

Realistic human characters. Pass-through technology. Built-in certified curriculum. That’s the VirTra difference. Learn how VirTra’s V-XR overcomes common challenges with VR training in the research-backed whitepaper – free download here:
https://hubs.li/Q031B2vY0

#allthatglitters #practicemakesperfect
It is tempting to embrace VR training. After all, VR headsets are high-tech and will surely be welcomed by millennials, right? Actually, like so many things in life, the truth is more complicated.

Allegany County VirTra System Provides Simulation for Law Enforcement
January 29th, 2025 by WCBC Radio

https://www.wcbcradio.com/?news=allegany-county-virtra-system-provides-simulation-for-law-enforcement
Allegany County has new virtual training for state, county and city law enforcement. Sheriff Craig Robertson told WCBC the $350,000, 360-degree wrap-around simulator from VirTra puts an officer in the middle of a target practice field or a real-life scenario with just a click of a button. “When it comes to what we call judgmental shooting which is putting an officer in a situation to determine whether it is a threat situation or a nonthreat situation, this is beyond belief from what we had the ability to do before. And it’s going to make all the office a lot better and feel a lot more better about themselves, feel a lot more comfortable in dealing with certain situations.”

Rob Fout, owner of The Gun Shop in Ridgeley, was able to try it out. “I’ve used several scenarios and simulators in the past and this one is actually very good. It is a well-designed, three-sixty. You have bad guys all the way around you and you have a real-life scenario.”

Why hasn’t VirTra addressed some fundamental problems that have plagued them since the beginning of time?
1. Figure out a way to decouple sales from fed gov money.
2. Hire a Sales leader guru.
3. Take a ton of cost out of the systems so a V300 sells for $20,000 instead of $200,000.

Here we are in 2025 and the company itself has no idea if FY2025 revenue will be $24million or $48million. No guidance. No updates. No insider buying. Pathetic.

When Givens became co-CEO and fixed the internal workings of the company I really thought he was our answer even though I was a bit skeptical of the big shift to prioritize “Military”. At this point it is clear that was a huge mistake as it came at the expense of LE sales. Military might never materialize and their LE stranglehold has long ended as strong rivals have taken market share.
Can Givens correct his mistakes and turn it around or should the BOD replace him? It is good that Givens ownership stake is near 0, makes him easier to remove.

I stay relatively up to date on industry news, trends, and competitors.

Thank you. Important to know. What is your source?

> In fact, VTSI could be/probably will be a subcontractor in new proposals

There are now at least 4 brands of recoil kits that are being tested or in use by global military. As of 2019, there were 2 with one of them being two-decade old technology.

Thank you! This explains the price action the last few months. Reevaluating the MSFT bid is not based on the quality of VTSI training. In fact, VTSI could be/probably will be a subcontractor in new proposals. And this is not a reflection on Givens. He will, and probably is, spending more resources on LE.

Army kickstarts possible recompete of Microsoft’s $22 billion IVAS production deal
The service issued a request for information today for IVAS Next, giving industry until late February to respond.
By Ashley Roque
on January 22, 2025 at 3:04 PM

https://breakingdefense.com/2025/01/army-kickstarts-possible-recompete-of-microsofts-22-billion-ivas-production-deal/
WASHINGTON — The US Army is taking the next step in recompeting its multi-billion dollar mixed-reality goggle production contract with an official ask to industry to send in viable options.

The service published its new Integrated Visual Augmentation System (IVAS) Next request for information today, giving interested companies until Feb. 26 to respond with their solutions for the combat-suitable heads-up display.

While the RFI doesn’t guarantee the service will recompete its current 10-year production contract with Microsoft valued up to $22 billion, it does kickstart such a process after surveying the market last year. Although the Army did not detail a competition schedule or acquisition plan, it offered up a peak at problems its looking to solve with IVAS Next including “known visual comfort limitations” such as “visual discomfort and nausea from virtual, mixed, and augmented reality headsets.”
https://sam.gov/opp/b45e66c680f240e29098fe3a377721ed/view
2.1.1 This RFI does not constitute a Request for Proposal (RFP) or a promise to issue an RFP in the future. A solicitation for IVAS Next is not available currently. Requests for a solicitation will not receive a response; unsolicited proposal responses to this request will not be considered as offers. Submissions will not be considered offers or proposal responses, competitive evaluation of narrative and sample submissions (if applicable) will not occur, nor will any binding contract award be made because of this request. All information contained in this RFI notice is preliminary, as well as subject to modification, and is in no way binding on the Government. Telephone requests for additional information will not be honored. This notice does not constitute a commitment by the United States Government to contract for any supply or service whatsoever. All information and/or samples submitted in response to this announcement is voluntary; therefore, the United States Government will not compensate any vendor for information and/or samples submitted or any expenses incurred with preparing a submission.
2.1.2 The Government will review all information and samples (if applicable) received but will not respond back to vendors with feedback.

Another IVAS recoil kit delay? The Army looking for a Microsoft alternative?
Virtra's contract is with Microsoft I think , not with the Army.

The silence from VirTra since Q3 was announced Nov 15th is deafening. 2+ months of….. nothing. In hindsight, Ferris is starting to look like a master sales guru compared to Givens. What a ship show this has become.

Q1 2025 Content Update
Posted on Jan. 16, 2025 by Christopher Dorch
https://www.virtra.com/blog-preparing-officers-for-policing-in-2025-q1-content-release/

At VirTra, we prioritize staying closely connected with our customers. Over the past year, when we asked VirTra operators about their training preferences, the response was clear: “More use of force and de-escalation scenario training, please!”

In response, we are focusing heavily on this training category for the upcoming quarter. Our content team has worked diligently to develop new scenarios. This batch includes a range of interactive courses designed to prepare officers for the complexities of policing in 2025, covering everything from language barrier interactions to encounters with “First Amendment auditors.”

New Content Highlights:

New Skill Drills
De-escalation Scenario Training
First Amendment Scenarios
New V-Author Characters
Graham v Connor certified curriculum

These scenarios cover a broad spectrum of skills, challenging trainees to apply their knowledge in diverse situations. Officers will navigate local First Amendment and open carry laws, assess subjects’ mental health, and manage situations involving unruly individuals, such as a homeless man harassing pedestrians. Additionally, our new Behavioral Threat Analysis drills immerse trainees in dynamic environments filled with both hostile and non-hostile characters, requiring real-time judgment and appropriate use of force.

Thanks. Glad she has been making money in tsla, it’s been a great stock 4 of last 5 years. I just don’t invest in individual stocks anymore. Vtsi had been my only exception.

I was just happy to see your post and that you are still trading and making money! Congrats, it is not easy. I mentioned tsla because my bride has been a devout tsla stockholder for a few years and I have become a bit of a believer. It is amazing the amount of money that can be made on tsla options with very little risk as long as one is not a greedy pig.

I do use market orders for all of my other trades. Decided to give limit a try on vtsi to see what would happen. I don’t trade tsla options or any of that high risk, Reddit, viral type stuff. Guess I still just have a soft spot and watch vtsi since I was in it for so long previously.

I was planning on holding longer but ultimately got nervous of market responses possible tomorrow and next week. Sold all my positions.

Why screw around like that. I probably average a total of 20 trades per week, I just about never use limit orders because of what you experienced. I almost always use market orders and typically get great fills immediately.
And why on Earth are you doing anything short term with a stock like VTSI? It isn’t worth it. Go play with Tesla and its calls and puts if you have an itch that needs scratching. Or if you want to stick with an undervalued one, play with PBI or FTRE or LNC or about a million others. Easy peasy

Still a wildly manipulated stock I see. Noticed yesterday when I put in a buy order, bid immediately went one cent above my price. Same today on ask side, price immediately goes one cent below my price. No doubt why there’s still limited liquidity, nobody wants to contend with that nonsense on the regular.

Sold out. Maybe for the last time.

Back in for a trade. Let’s go up 10%.

Givens likely spent more than that on his group Christmas lunch. As you can tell, I’m pretty much fed up with Givens and his lack of production. Where is the revenue growth? You guys with all the shares need to get off the advisory board and apply pressure. The only reason that board was created was to throttle shareholders.

Lobbying Update: $10,000 of VIRTRA INC lobbying was just disclosed
https://www.nasdaq.com/articles/lobbying-update-10000-virtra-inc-lobbying-was-just-disclosed

Company needs a hedge fund activist to take control. Givens appears to be abandoning LE sales to chase mythical military contracts. At least Ferris understood the foundation provided by LE sales.

Why can’t VirTra issue a PR right now that lays out expectations for 2025 revenue, eps, and FCF? These guys remain pathetic.

Naturally, maybe they base it on how many sunny days they have in Arizona each year?

If I am not mistaken the bonuses have been given already. Jogn said he will not base the bonuses on the stock price.
Happy New Year

Well, our stock price is going to end the year about 35% less than it started 2024. I wonder what kind of bonuses they paid themselves for a job well done?

Merry Christmas to all. 

Merry Christmas

Happy Holidays.

The shelf is a ho hum nothing thing. Has Greg Johnson written all over it. He wants it in place for one reason only….if the stock spikes or becomes overvalued he wants to sell shares to certain funds and add to VirTras balance sheet. No big deal, most companies have a shelf in place and renew them when nearing expiration.
Even if there was a massive contract, VirTra has no need for money. They have enough on hand to fund anything, even a $1billion contract would not necessitate issuing shares.

If the recoil prototype is more than $50MM to produce, and the army wont't pay in full until the recoil kits are received, it sounds like the offering is accretive, not dilutive. Buy

Hopefully they sewed something up before this next continuing resolution.

Market at all time high. Equities flying 🚀🚀 across the board and we languish in the 6s. Wasted a lot of years here with VTSI. It's almost time to move on. I don't see an extreme upside anymore.

I have no idea what to say. At the shareholders meeting I mentioned how upset I was about the dilution of shares and now they go ahead with a shelf offerring. if they get a goverment purchase order they can alway take a loan against it to finance the production. Why would they need to dilute the shareholders again. Who is advising them?

So....
- Recoil kit prototype ready by end 2024 (Army accepted?)
- Company now capable of mass production (dixit John Givens)
- Financing now assured in case of huge order. (Form S-3)

Something is brewing?
Or am I again too optimistic? 

I had to look shelf offering up to refresh its meaning and purpose.  I view this as a bullish strategic raise preparation versus an urgent bearish raise to survive.  The three year window to sell the shares at optimal conditions and timing is good, IMHO, and likely to have funds on tap if needed for a large contract?  Thoughts?  Here is a link to investopedia explanation if anyone else needs a refresh too.  https://www.investopedia.com/terms/s/shelfoffering.asp

That could certainly knock the wall down!


$7.04

Ok, 50,000,000 shelf offering filed today.

Fish H trying to bottom fish...doubt it. But if happens, I'll join you.

4s by Christmas? Would be a nice buy if it could touch $3s.

Why no insider buying?
Has CEO Givens ever made an open market buy?
Are the new directors such DBs (rhymes with swoosh rags) that they will not buy?
I almost miss Ferris.

No PR, no 8k = Meaningless

The media probably would have asked for a translation too! 😂
They put the link on their "investors-hub" and posted it on their blog rather than a PR...(thankfully MarketScreener reads it!)
https://www.virtra.com/investors-hub/news/
https://www.virtra.com/blog-virtra-unveils-advanced-training-integrations-at-i-itsec-2024/

John explained at the shareholder meeting that he will not release PR's just to release PR's.

A translation into English would be helpful. Why no PR?

https://www.marketscreener.com/quote/stock/VIRTRA-INC-42567604/news/VirTra-Announces-Strategic-Integration-of-Advanced-Military-Technologies-to-Enhance-Training-Outco-48515094/

VirTra : Announces Strategic Integration of Advanced Military Technologies to Enhance Training Outcomes

Posted on Dec. 3, 2024 by Christopher Dorch

VirTra continues to expand its integration capabilities and portfolio with new integrations for the data analytics platform APEX and the robot target HEKTR. This adds to its existing integrations with VBS4 and Unity. To further grow its integration capability, VirTra added team members with extensive experience in military modeling and simulation.

APEX for Data Analytics

VirTra simulators can now leverage APEX to provide immediate and actionable training insights for trainees to accelerate training effectiveness. This enables trainees to achieve improved outcomes even in the same training session. APEX also provides trending analysis and high level reports for instructors and leaders. APEX is a data analytics and training intelligence platform that enables trainees, instructors, and decision makers with little or no data analytics experience to quickly and easily gain actionable insights from their training data. APEX is a dynamic, scalable, and customizable tool that can be integrated and extended for customers with advanced data analytics needs.

Innovative Blended Training with HEKTR

VirTra used an innovative integration for the robot target HEKTR to demonstrate a blended training environment which creates more engaging and realistic training scenarios. The integration was a collaboration between VirTra, the Air Force Research Lab, and Wright State University. The existing VirTra integration with VBS4 was used to quickly and efficiently build the solution which demonstrates VirTra's ability to cost effectively integrate across systems to support new training capabilities.

Virtual Battle Space (VBS ®) Integration

The tactical training capabilities of Virtual Battle Space (VBS), a widely used software platform, are now fully integrated into VirTra's simulators. This combination enhances battlefield preparation by merging VBS's tactical depth with the unmatched immersion of VirTra simulators, giving military personnel a superior training experience.

Kinetic Training Robot Integration

VirTra simulators now interface with MVP HEKTR training robots to create a seamless bridge between simulated and live training. Through a centralized server, firing and hitting the target within the simulator triggers real-time responses from the real-world robot, increasing realism and engagement for trainees.

New Team Members

VirTra welcomed new team members with extensive experience in military simulation and training. They have contributed to well-known simulation and training programs like AVCATT, CCTT, OneSAF, DVTE, and Games For Training (GFT). The additional experience will enable VirTra to successfully deliver larger and more complex integrations.

Standardized Communication Protocols & LVC Training

With the addition of DIS/HLA and Mavlink communication protocols, VirTra systems are now interoperable with solutions from other training providers, enabling integration for Live, Virtual, and Constructive (LVC) training events.

VirTra's entrance into the LVC training technology category, highlights the company's commitment to delivering cutting-edge tools for modern military and law enforcement training.

CEO John Givens Highlights I/ITSEC 2024 Innovations

John Givens, CEO of VirTra, shared the company's excitement for this year's showcase, stating:

"I/ITSEC remains a premier event for simulation where the most impactful technologies and collaborations are introduced and applied to the training environment. This year, VirTra is proud to present very complex integrations in a user friendly, easy to use format that will redefine training analysis and approaches for armed forces worldwide."

With new analytics capabilities, a wide range of training integrations, and experienced talent, VirTra is poised to enter 2025 in an advantageous position and push the technical boundaries of military training. I/ITSEC 2024 attendees can experience these additions firsthand at Booth #449, or schedule private demonstrations via this Contact page.

Should be a harbinger of good things to come, they will certainly promote the stock when the time is right!

Did anyone notice that Vanguard purchased 590,000 shares on 11/4/24? This was 2 weeks after blackrock purchased 689,000 shares. This is pretty significant. 11% of the stock is held by these two behemoths. Thoughts?
https://www.secform4.com/13dg-history/1085243.html

Nobody knows IMO. The recoil kit prototype was supposed to be ready and payed for by the end of this year. Needs the Army acceptance first before we can talk numbers.

It sounds like there would only be 10,000 recoil kits for training on the older formats. None for the new IVAS 1.2. gbb777 is that right?

In my opinion, it has never been clear whether every unit will be issued a recoil kit. The only reference I see is John Givens bragging about being ready for mass production. I would already be very happy to see those older 1.0 and 1.1 units, (10,000) having a Virtra recoil kit, for training,  not only for the $$$ , but for seeing Virtra as a confirmed subcontractor.