VirTra received a $4.8 million training simulator award from the U.S. Department of State for Colombian law enforcement.
Quiver AI Summary
VirTra, Inc. has announced a $4.8 million contract from the U.S. Department of State’s Bureau of International Narcotics and Law Enforcement Affairs to provide judgmental use-of-force training simulators to the Bogotá Law Enforcement. The award, expected to be completed by mid-2026, will enhance law enforcement training in Colombia and aligns with U.S. goals for improving police capacities. VirTra will supply seven four-screen V-ST PRO systems, including Recoil Kits and Advanced Skills Magazines, designed to deliver immersive marksmanship training. CEO John Givens highlighted that this collaboration signifies VirTra’s growth in international markets and the efficacy of its training technology. This follows other recent deployments, such as one with the Royal Canadian Mounted Police.
Potential Positives
- VirTra secured a significant $4.8 million multi-site award from the U.S. Department of State’s Bureau of International Narcotics and Law Enforcement Affairs, enhancing its credibility and visibility in international law enforcement markets.
- The contract strengthens VirTra's existing partnership with INL-Colombia, demonstrating the company's ongoing commitment to global law enforcement training needs.
- VirTra's V-ST PRO systems deployment will enhance marksmanship training across Colombia, reflecting the effectiveness and demand for its advanced training technologies.
- This award contributes to VirTra’s growth strategy, reinforcing its expanding global reach as more agencies adopt its training systems.
Potential Negatives
- Potential risks associated with the reliance on forward-looking statements, suggesting uncertainties in the completion of contracts and future collaborations, which can affect investor confidence.
- The press release focuses on international contracts, which may divert attention from domestic market performance and growth.
- The mention of “potential” additional international deployments could imply current deployments are not guaranteed to expand, raising questions about the stability of future revenue streams.
FAQ
What is the recent award announced by VirTra?
VirTra announced a $4.8 million multi-site award from the Bogotá Law Enforcement and Professional Division to enhance training capabilities.
How many systems will VirTra provide under this award?
VirTra will provide seven four-screen V-ST PRO systems, along with Recoil Kits and Advanced Skills Magazines.
What are the benefits of the V-ST PRO system?
The V-ST PRO system offers immersive training environments, supporting up to six firing lanes and linking multiple systems for scalability.
How does this award align with U.S. foreign assistance goals?
This award supports U.S. efforts to strengthen law enforcement institutions and promote the rule of law in partner nations like Colombia.
What is VirTra's mission in the law enforcement training sector?
VirTra's mission is to save and improve lives through practical, effective virtual reality and simulator training technology for law enforcement.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VTSI Hedge Fund Activity
We have seen 20 institutional investors add shares of $VTSI stock to their portfolio, and 43 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. removed 465,934 shares (-67.0%) from their portfolio in Q2 2025, for an estimated $3,294,153
- PERRITT CAPITAL MANAGEMENT INC added 353,662 shares (+607.0%) to their portfolio in Q2 2025, for an estimated $2,500,390
- MILLENNIUM MANAGEMENT LLC added 139,301 shares (+inf%) to their portfolio in Q2 2025, for an estimated $984,858
- GEODE CAPITAL MANAGEMENT, LLC removed 132,865 shares (-52.7%) from their portfolio in Q2 2025, for an estimated $939,355
- MARSHALL WACE, LLP added 122,801 shares (+inf%) to their portfolio in Q2 2025, for an estimated $868,203
- STATE STREET CORP removed 119,682 shares (-72.5%) from their portfolio in Q2 2025, for an estimated $846,151
- VANGUARD GROUP INC removed 75,160 shares (-12.9%) from their portfolio in Q2 2025, for an estimated $531,381
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
CHANDLER, Ariz., Oct. 07, 2025 (GLOBE NEWSWIRE) -- VirTra, Inc . (Nasdaq: VTSI) (“VirTra” or the “Company”) , a global provider of judgmental use-of-force training simulators and firearms training simulators for the law enforcement and military markets, today announced a $4.8 million multi-site award from the Bogotá Law Enforcement and Professional Division, part of the U.S. Department of State’s Bureau of International Narcotics and Law Enforcement Affairs (INL). This award is expected to be completed by mid-2026.
The INL supports partner nations in strengthening law enforcement institutions and promoting the rule of law. This award builds on VirTra’s existing footprint in Colombia through its collaboration with INL-Colombia and aligns with broader U.S. foreign assistance goals focused on enhancing police training and capacity building.
Under the award, VirTra will provide seven four-screen V-ST PRO systems, along with Recoil Kits (RKs) and Advanced Skills Magazines (ASMs), that will be deployed across sites nationwide to enhance marksmanship training. The V-ST PRO features VirTra’s proprietary V-Marksmanship program, enabling training on diverse targets and courses that are difficult to replicate in traditional settings.
VirTra’s patented simulator technology delivers immersive, realistic, and effective training through several key components. The ASMs simulate reloads, malfunctions, and weapon handling skills, and RKs provide lifelike recoil for standard service weapons. The V-ST PRO supports up to six firing lanes per screen and can link multiple systems together, creating scalable training environments suited to national-level training environments.
John Givens, Chairman and CEO of VirTra, stated: “This award represents another meaningful milestone in VirTra’s international growth and highlights the confidence global agencies have in our training technology. Our continued collaboration with INL-Colombia reflects a shared commitment to advancing law enforcement readiness, and we look forward to building on this foundation as training needs evolve across the region.”
This award reinforces VirTra’s expanding global reach as more agencies worldwide adopt VirTra’s best-in-class training systems. Last week, the Company announced full deployment with the Royal Canadian Mounted Police (RCMP) and continues to strengthen relationships with law enforcement agencies worldwide.
About VirTra
VirTra (Nasdaq: VTSI) is a global provider of judgmental use-of-force training simulators and firearms training simulators for the law enforcement, military, educational and commercial markets. The company’s patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations. VirTra’s mission is to save and improve lives worldwide through practical and highly effective virtual reality and simulator technology. For more information about VirTra’s training solutions, or to schedule a demonstration, please visit
www.VirTra.com
.
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, which are subject to the “safe harbor” provisions of those sections. Forward-looking statements are generally identified by words such as “anticipates,” “believes,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “should,” “could,” “predicts,” “potential,” “continue,” “would,” and similar expressions, although not all forward-looking statements contain these identifying words. Forward-looking statements in this release include, but are not limited to, statements regarding the anticipated completion of the contract, future collaboration with INL-Colombia, the potential for additional international deployments, and the Company’s ability to expand its global presence. Actual results may differ materially from those expressed or implied by these forward-looking statements due to various risks and uncertainties, including those described in the Company’s filings with the Securities and Exchange Commission (“SEC”). These forward-looking statements speak only as of the date of this release. VirTra undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this release, except as required by applicable law.
Investor Relations Contact:
Matt Glover and Alec Wilson
Gateway Group, Inc.
[email protected]
949-574-3860