Virtuix Holdings Inc.

Virtuix Holdings Inc. reported strong financial and operational results for fiscal year 2026, with net sales increasing 18% to $4.3 million and gross profit improving significantly to $1.0 million. The company's gross margin expanded to 25%, and operating expenses decreased by 19%. Additionally, Virtuix launched Omni One for Quest in collaboration with Meta, aiming to expand its addressable market to over 20 million Meta Quest headsets, and advanced its AI-driven defense training initiatives with the U.S. Air Force, Marine Corps, and Navy.

Virtuix Holdings Inc. completed its direct listing on the Nasdaq Global Market on January 27, 2026, following a reclassification of all capital stock into Class A common stock. The company secured significant financing, including an initial $8 million net advance from Streeterville Capital's $50 million equity purchase agreement, alongside various convertible notes and warrant exercises. Operationally, Virtuix scaled shipments of its Omni One product, generating over $4 million in revenue from 1,800 units by September 2025, and advanced its Virtual Terrain Walk (VTW) defense product with key military engagements.

Virtuix Holdings Inc. reported strong fiscal year 2026 results, with net sales increasing 18% to $4.3 million and gross profit improving significantly to $1.0 million, expanding gross margin to 25%. Operating expenses decreased by 19%, and the company's cash position improved to $9.5 million. Key strategic milestones include the launch of Omni One for Quest in collaboration with Meta, expanding its market reach, and accelerating AI-driven defense training adoption through partnerships with all four U.S. military branches. The company also listed on Nasdaq and received a patent for its Omni One treadmill design.

Virtuix Inc. announced it will showcase its expanding defense portfolio at the Training and Simulation Industry Symposium (TSIS) 2026, demonstrating its AI-driven Virtual Terrain Walk (VTW) platform and Forward Arming and Refueling Point (FARP) trainer. This follows recent milestones including selection by the U.S. Air Force for Phase I AFWERX SBIR funding, appointment as lead integrator by the U.S. Marine Corps TECOM, and sales of Omni One units to various military academies and bases. Virtuix's defense initiatives now cover all four major branches of the U.S. military through funding, research agreements, and simulation development programs.

Virtuix Inc. announced its participation in three investor conferences in June: Water Tower Research’s Small Cap Showcase, Singular Research’s Las Vegas Invitational Conference, and the virtual Maxim Group Defense Tech Conference. CEO Jan Goetgeluk will host one-on-one meetings and deliver presentations, highlighting the company's recent momentum in consumer XR, AI-enabled defense simulation, healthcare applications, and international expansion. A fireside chat at the Maxim Group conference will feature a U.S. Marine Corps representative discussing Virtuix's role in developing a virtual infantry training system.

Virtuix Holdings Inc. entered into amendments for three warrants with Streeterville Capital, LLC, reducing the exercise price to $4.00 per share from $6.00 and extending the reduced exercise price period until July 27, 2026. The company retains the right to terminate this reduced price period with two days' notice. Additionally, Virtuix announced it will host a conference call on June 25, 2026, to discuss its fiscal year 2026 results, with management anticipating meaningful growth in its consumer business and strong operational momentum.

Virtuix Holdings Inc. announced it will host a conference call on June 25, 2026, to discuss its fiscal year 2026 results. CEO Jan Goetgeluk and CFO Thomas McGinnis will provide an overview of the company's performance, commercial traction, and outlook for fiscal year 2027, highlighting growth initiatives across consumer gaming, defense training, and healthcare applications. The CFO expressed expectations for meaningful growth in the consumer business and strong operational momentum entering the new fiscal year.

Virtuix Holdings Inc. announced significant business developments, including its selection by the U.S. Air Force for Phase I funding under the AFWERX SBIR program to develop its Virtual Terrain Walk (VTW) platform for military mission planning. Additionally, the company expanded into AI-assisted neurodivergent therapy through a collaboration with Rutgers University, which deployed the Omni One platform for research. Concurrently, Virtuix consummated an exchange of outstanding secured convertible promissory notes for a new Pre-Paid Purchase in the principal amount of $3,471,923.00, bearing 6% annual interest.

Virtuix Holdings Inc. announced its selection by the U.S. Air Force for Phase I funding under the AFWERX SBIR program. This funding will advance the development of its Virtual Terrain Walk (VTW) platform, designed for military mission planning and leader rehearsals. The VTW system utilizes Virtuix's omni-directional treadmill technology, immersive XR environments, spatial computing, and AI-driven terrain reconstruction to allow warfighters to physically navigate geo-specific virtual battlefields. This award validates the growing demand for Virtuix's AI-enabled immersive training technology in the defense sector and provides a pathway to significant future funding opportunities.

Virtuix Holdings Inc. announced that Rutgers University has deployed its Omni One omni-directional treadmill platform at WINLAB for research into AI-assisted neurodivergent therapy and immersive behavioral analytics, including autism therapy for children. This collaboration expands Virtuix's applications beyond its traditional consumer and defense markets, exploring how full-body movement and AI interaction can enhance therapeutic engagement. The global autism spectrum disorder treatment market is projected to grow from approximately $9.2 billion in 2026 to over $18 billion by 2034, highlighting the increasing demand for such innovative solutions.