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Virtuix (NASDAQ: VTIX) pursues defense training M&A after USMC VR win

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(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Virtuix Holdings Inc. reported two business updates tied to its defense training strategy. The company is working with the U.S. Marine Corps Training and Education Command, through strategic partner KBR, as lead integrator for an operational assessment of a multi-user virtual infantry training system using four Omni One treadmills and representative weapons.

Delivery of this training system to TECOM is expected in the fourth calendar quarter of this year, with potential expansion to Marine Corps training centers if successful. Separately, the Board formed a special committee to evaluate acquisitions in the defense training and simulation industry, focusing on targets that offer government contract vehicles and recurring defense revenues in the $10M-$50M range.

The company states it is prioritizing acquisitions it believes can accelerate its revenue scale in 2026, strengthen AI-driven immersive training capabilities, and enhance access to larger multi-year government contracts. Management plans to discuss recent commercial developments and acquisition strategy in an investor webinar on May 8, 2026 at 11:00am ET.

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Insights

Virtuix deepens U.S. defense ties and explores M&A to scale revenues.

Virtuix is advancing a multi-user infantry VR training project for the U.S. Marine Corps Training and Education Command, using four Omni One omni-directional treadmills and a trainer workstation to simulate realistic fire team movement and after-action review.

At the same time, the Board created a special committee to review acquisitions in defense training and simulation, targeting businesses with recurring defense revenues in the $10M-$50M range and existing government contract vehicles. The company emphasizes potential synergies with its 360-degree movement and AI-driven training platforms.

Actual financial impact will depend on successful delivery of the Marine Corps system in the fourth calendar quarter and whether any acquisition is identified, negotiated, and completed on acceptable terms. The investor webinar on May 8, 2026 is positioned to give more detail on strategy and recent commercial traction.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Omni One treadmills in Marine Corps project 4 treadmills Multi-user virtual infantry training system for TECOM
Target recurring defense revenues $10M-$50M Revenue range of acquisition candidates in defense training
Marine Corps system delivery timing Fourth calendar quarter Expected delivery of VR training system to TECOM
Investor webinar time 11:00am ET Webinar on May 8, 2026 discussing growth and acquisitions
Investor webinar date May 8, 2026 Event led by CEO Jan Goetgeluk
special committee financial
"its Board of Directors has formed a special committee to evaluate potential acquisitions"
A special committee is a group of people chosen by an organization to carefully examine a specific issue or problem, often when a decision could have significant consequences. Think of it as a task force brought together to investigate and recommend actions, ensuring that important matters are handled thoroughly and fairly. For investors, this means decisions are made with careful oversight, which can impact the organization's stability and future direction.
government contract vehicles financial
"companies that provide immediate access to government contract vehicles and recurring defense revenues"
recurring defense revenues financial
"recurring defense revenues in the $10M-$50M range"
omni-directional treadmills technical
"four Omni One omni-directional treadmills, enabling a fire team of four Marines to walk"
An omni-directional treadmill is a moving platform that lets a person walk or run in any direction while staying in one place, typically used with virtual reality or simulation systems. For investors, it matters because the device is a core enabling technology for immersive training, entertainment, and simulation markets—think of it as a revolving floor that expands the usable space of virtual experiences, creating new product and service opportunities and potential recurring-revenue business models.
forward-looking statements regulatory
"This press release contains “forward-looking statements” within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 5, 2026

 

VIRTUIX HOLDINGS INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-43067   46-4371395
(State or other jurisdiction of
incorporation or organization)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

 

11500 Metric Blvd, Suite 430
Austin, TX
  78758
(Address of principal executive offices)   (Zip Code)

 

(512) 947-9029

Registrant’s telephone number, including area code:

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Class   Trading Symbol   Name of Exchange On Which Registered
Common Stock   VTIX   Nasdaq Global Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging Growth Company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

Item 8.01. Other Events.

 

On May 5, 2026, Virtuix Holdings Inc. (the “Company”) issued a press release (the “Press Release”) announcing an update on the Company’s business developments. A copy of the Press Release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

On May 7, 2026, the Company issued a press release (the “Second Press Release”) announcing an update on the Company’s business developments. A copy of the Second Press Release is attached hereto as Exhibit 99.2 and incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

99.1   Press Release dated May 5, 2026.
99.2   Press Release dated May 7, 2026.
104   Cover Page Interactive File (the cover page XBRL tags are embedded in the Inline XBRL document)

 

1

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: May 7, 2026

 

  VIRTUIX HOLDINGS INC.
     
  By: /s/ Jan Goetgeluk
    Jan Goetgeluk
    Chief Executive Officer
    (Principal Executive Officer)

 

 

2

 

Exhibit 99.1

 

 

Virtuix to Lead Infantry Training Project for U.S. Marine Corps

 

 

 

Multi-User VR Training System Will Incorporate Four Omni One Treadmills and
Representative Weapons for Infantry Fire Team Drills

 

Program Highlights Growing Demand for Full-Body VR Training Across the U.S. Military

 

AUSTIN, TEXAS – May 5, 2026 – Virtuix Inc. (NASDAQ: VTIX), a leading developer of full-body virtual reality (VR) systems, today announced that the U.S. Marine Corps Training and Education Command (“TECOM”) is collaborating with Virtuix, through its strategic partner KBR, as the lead integrator for the operational assessment of a multi-user virtual infantry training system. The project will incorporate four Omni One omni-directional treadmills, enabling a fire team of four Marines to walk, run, crouch, and maneuver together without boundaries in a shared virtual environment.

 

By adding natural movement, the system aims to replicate the physical and cognitive demands of real-world combat situations. In the training scenario, a four-person infantry fire team, equipped with representative weapons, will move tactically to engage an enemy position. The system will also include a trainer workstation, allowing instructors to design and execute custom scenarios and conduct detailed after-action reviews.

 

“Realistic simulation of movement on foot is fundamental to effective training,” said Colonel Walt Yates (U.S. Marine Corps, Retired). “The ability for Marines to physically maneuver together in a virtual environment—walking, communicating, and reacting as a team—represents a major step forward in training capability. We want to provide Marines or Soldiers on a mission with a sense of déjà vu about where they are and where they are going.”

 

Virtuix’s 360-degree treadmill technology enables users to physically move in every direction without boundaries, instead of relying on joysticks or teleportation mechanics. This approach builds muscle memory and improves situational awareness—key elements for effective infantry training where coordinated movement and spatial orientation are critical.

 

 

The training system is expected to be delivered to TECOM in the fourth calendar quarter of this year. If successful, the project could be expanded and deployed to Marine Corps training centers nationwide, supporting broader adoption of VR-based infantry training.

 

This program builds on Virtuix’s growing traction within the U.S. defense sector. The Company has sold systems to the U.S. Army, Air Force, and Marine Corps, and recently entered into a development agreement with the U.S. Navy. These engagements highlight the increasing demand for immersive, full-body training solutions across multiple branches of the U.S. military.

 

Investor Webinar

 

Virtuix Chief Executive Officer Jan Goetgeluk will host an investor webinar on Friday, May 8, 2026, at 11:00am ET to discuss the company’s recent commercial successes and developments. To attend or watch a replay, please sign up here.

 

About Virtuix

 

Virtuix Inc. (NASDAQ: VTIX) is a leading manufacturer of full-body virtual reality systems for consumer, enterprise, and defense markets. The company’s premier portfolio of “Omni” omni-directional treadmills enables players to walk and run in 360 degrees inside video games and other virtual reality applications. With a commitment to innovation, Virtuix continues to push the boundaries of XR and AI, delivering immersive experiences to users worldwide. For more information, visit virtuix.com.

 

Please visit the Company’s new Investor Relations website at invest.virtuix.com.

 

Cautionary Note Regarding Forward-Looking Statements

 

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “could,” “would,” “potential” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements in this press release include, without limitation, statements regarding the Company’s plans to pursue strategic acquisitions, the potential benefits of any such acquisition, the expected synergies, the potential impact on revenues or shareholder value, and the Company’s position in the defense training market. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the Company’s ability to identify, negotiate, and complete acquisitions on favorable terms or at all; the ability to successfully integrate any acquired business; risks related to government contracting, including contract cancellations, modifications, or funding changes; the uncertainties related to market conditions; and other factors discussed in the “Risk Factors” section of the Company’s registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

 

Visit Us on Social Media:

 

LinkedIn
Instagram
Facebook
YouTube
TikTok

X

 

Company Contact

 

Lauren Premo
Virtuix Inc.
press@virtuix.com

 

Investor Relations Contact

 

Chris Tyson
MZ Group

Direct: 949-491-8235

VTIX@mzgroup.us

 

 

 

 

Exhibit 99.2

 

 

Virtuix Forms Special Committee to Pursue Strategic Acquisitions in
Defense Training Market

 

Board-Led Initiative Aims to Accelerate Revenue Growth and Expand Government
Contract Access Following Growing Momentum in Defense Sector

 

Committee Is Evaluating Targets Offering Contract Vehicles, Past Performance, and
Synergistic Capabilities

 

AUSTIN, TEXAS – May 7, 2026 – Virtuix Holdings Inc. (NASDAQ: VTIX), a leading developer of full-body virtual reality (VR) systems, today announced that its Board of Directors has formed a special committee to evaluate potential acquisitions in the defense training and simulation industry. The committee is actively reviewing multiple acquisition opportunities, including targets in advanced-stage discussions, with a focus on companies that provide immediate access to government contract vehicles and recurring defense revenues in the $10M-$50M range.

 

The initiative reflects Virtuix’s growing momentum in the defense sector and its commitment to scaling its Virtual Terrain Walk (“VTW”) and Omni technology platforms across the U.S. military and allied forces. The Company is prioritizing acquisitions that it believes can accelerate its revenue scale in 2026 and enhance its position in AI-driven immersive training solutions.

 

The Board believes that a strategic acquisition in the defense training space could provide several key benefits in addition to boosting revenues, including positioning Virtuix to expand into larger multi-year contracts, acquiring valuable “past performance” credentials that are critical for winning large government contracts, and gaining access to established sales channels and contract vehicles across all branches of the U.S. military. Additionally, Virtuix believes there may be meaningful synergies between its 360-degree movement technology and the capabilities of potential acquisition targets, including opportunities for cross-selling, enhanced training solutions, and more competitive contract bids. Virtuix is integrating AI-driven adaptive simulation and real-time performance analytics into its VR training environments, an area of increasing demand across U.S. defense programs.

 

“We are seeing increasing demand for immersive and AI-enhanced training solutions across the defense sector, and we believe strategic acquisitions can significantly accelerate our revenue scale and government contracting capabilities.,” said Jan Goetgeluk, Chief Executive Officer of Virtuix. “Given our current revenue multiple, we believe a transaction would be highly accretive to our shareholders.”

 

The formation of the special committee builds on Virtuix’s expanding footprint in the defense market. The Company has already sold systems to the U.S. Army and Air Force, entered into a development agreement with the U.S. Navy, and recently announced it was selected as the lead integrator on the development of a VR training system for the U.S. Marine Corps. These engagements underscore the growing demand for immersive, movement-based training solutions. The global military simulation and immersive training market continues to expand rapidly as defense agencies increase investment in AI-enabled readiness technologies.

 

 

Management will provide additional details on its acquisition strategy during an investor webinar this Friday, May 8, 2026, at 11:00am ET. There can be no assurance that Virtuix will identify or consummate any acquisition on favorable terms, or at all.

 

Investor Webinar

 

Virtuix Chief Executive Officer Jan Goetgeluk will host an investor webinar on Friday, May 8, 2026, at 11:00am ET to discuss the company’s growth strategy, business model, and recent commercial successes and developments. To attend or watch a replay, please sign up here.

 

About Virtuix

 

Virtuix Holdings Inc. (NASDAQ: VTIX) is a leading manufacturer of full-body virtual reality systems for consumer, enterprise, and defense markets. The company’s premier portfolio of “Omni” omni-directional treadmills enables players to walk and run in 360 degrees inside video games and other virtual reality applications. With a commitment to innovation, Virtuix continues to push the boundaries of XR and AI, delivering immersive experiences to users worldwide. For more information, visit virtuix.com.

 

Please visit the Company’s new Investor Relations website at invest.virtuix.com.

 

Cautionary Note Regarding Forward-Looking Statements

 

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “could,” “would,” “potential” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements in this press release include, without limitation, statements regarding the Company’s plans to pursue strategic acquisitions, the potential benefits of any such acquisition, the expected synergies, the potential impact on revenues or shareholder value, and the Company’s position in the defense training market. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the Company’s ability to identify, negotiate, and complete acquisitions on favorable terms or at all; the ability to successfully integrate any acquired business; risks related to government contracting, including contract cancellations, modifications, or funding changes; the uncertainties related to market conditions; and other factors discussed in the “Risk Factors” section of the Company’s registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

 

Visit Us on Social Media:

 

LinkedIn
Instagram
Facebook
YouTube
TikTok

X

 

Company Contact

 

Lauren Premo
Virtuix Inc.
press@virtuix.com

 

Investor Relations Contact

 

Chris Tyson
MZ Group

Direct: 949-491-8235

VTIX@mzgroup.us

 

 

 

 

FAQ

What did Virtuix (VTIX) announce about its U.S. Marine Corps VR training project?

Virtuix announced it is collaborating with the U.S. Marine Corps Training and Education Command, through partner KBR, as lead integrator for an operational assessment of a multi-user infantry VR training system using four Omni One treadmills and a trainer workstation for realistic fire team drills.

When will Virtuix deliver the Marine Corps VR training system to TECOM?

The training system is expected to be delivered to the Marine Corps Training and Education Command in the fourth calendar quarter of this year. If the assessment is successful, the project could be expanded and deployed to Marine Corps training centers nationwide for broader VR-based infantry training.

What is the focus of Virtuix’s new special committee on strategic acquisitions?

Virtuix’s Board formed a special committee to evaluate acquisitions in the defense training and simulation industry. It is reviewing multiple opportunities, including advanced-stage targets, emphasizing companies that provide government contract vehicles and recurring defense revenues in the $10M-$50M range.

How does Virtuix (VTIX) expect acquisitions to affect its revenue and defense position?

Virtuix states it is prioritizing acquisitions it believes can accelerate its revenue scale in 2026 and enhance its position in AI-driven immersive training. The Board believes a defense training acquisition could support larger multi-year contracts, valuable past performance credentials, and broader government sales channels.

When is Virtuix’s investor webinar about its growth strategy and defense initiatives?

Chief Executive Officer Jan Goetgeluk will host an investor webinar on Friday, May 8, 2026, at 11:00am ET. The session will cover the company’s growth strategy, business model, and recent commercial successes and developments, including its defense training focus and potential acquisition plans.

Filing Exhibits & Attachments

5 documents