
Virtuix Maps VR Growth Push as CEO Addresses Sharp Stock Slide

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Virtuix executives discussed the company's strategies for consumer, enterprise, and defense markets during an investor webinar, addressing recent stock volatility. CEO Jan Goetgeluk noted a 50% stock decline without news and highlighted increased trading activity. The company focuses on its Omni One treadmill for VR gaming, targeting a 40% gross margin. Virtuix is expanding in defense applications, with contracts from the U.S. military. A special committee is evaluating defense acquisition targets to enhance capabilities and market access.
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