Virtuix CEO Discusses IPO, Omni One Growth and Expansion into Defense Sector

Virtuix CEO Jan Goetgeluk highlights the company's 138% revenue growth, fueled by its Omni One VR treadmill, and outlines plans to use IPO proceeds and additional funding to scale operations and enter new markets like defense.

NY Metrowire Staff
••Technology
Virtuix CEO Discusses IPO, Omni One Growth and Expansion into Defense Sector

Jan Goetgeluk, CEO of Virtuix Inc. (NASDAQ: VTIX), appeared on Benzinga's All Access to discuss the company's recent initial public offering and the growth trajectory of its virtual reality treadmill gaming system, Omni One. The company reported 138% year-over-year growth, attributing the surge to consumer demand for immersive gaming experiences that combine physical activity with virtual exploration.

Goetgeluk emphasized that Omni One allows players to physically move through digital worlds, offering a unique blend of entertainment and exercise. He cited a customer who lost 40 pounds in four months using the system. The company plans to leverage its recent IPO, along with an $11 million investment from Chicago Venture Partners and a $50 million equity line of credit, to fund expansion. This includes entering the defense sector, where Virtuix sees opportunities for training simulations.

The full interview is available on YouTube. Featured image from Shutterstock. This content was originally published on Benzinga.

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