Written by:

Angela Harmantas

Edited by:

Emily Jarvie

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Virtuix Holdings Inc

Virtuix Holdings Inc (NASDAQ:VTIX) earlier this week marked a significant milestone with its listing on the Nasdaq under the ticker symbol VTIX, as the company gears up for large-scale growth in both consumer and defense markets.

CEO Jan Goetgeluk told Proactive that the listing aligns with Virtuix's readiness to scale operations following the successful launch of its flagship home VR system, Omni One.

Proactive: You'll be trading on the Nasdaq today under the ticker VTIX. So it's a huge milestone for the company. And we'll get into that in just a second — the reasoning behind that. But first, let's talk a bit about the company itself. You're a very unique company in virtual reality. And you've been around for a little while.

Jan Goetgeluk: Yeah, that's right. We have a technology called the Omni that lets you walk and run around in 360 degrees inside virtual reality applications like gaming, enterprise training, or defense. We say we pioneer movement in AI-generated worlds, because now a lot of these virtual worlds can be created through AI — like splatting, photorealistic, beautiful environments. How are you going to walk around in those? With our technology. With the Omni.

We're going to look at some video of that, of people that are actually using it. And you have an interesting design. There are safety features in there for people walking around, but it also gives the opportunity to feel like you're literally immersed within the game.

That's right. It's a very immersive experience. You're not just sitting down or standing up pushing buttons on a controller. You are physically walking around inside a virtual world, its highly immersive. It's a great experience. One thing that's appealing is that you get your steps in. You're active. You're moving. A lot of our customers on the consumer side buy it for gaming, but hey, they're also burning calories. We had one user report he lost 40 pounds in four months. So it's a great way to stay fit and active.

You debuted the company back in 2014 — really 2013 — after a successful Kickstarter. Talk to me about some of the advancements you've made to where you are today and in the products you have.

We've brought out three generations of products to date and sold about $20 million worth of systems. We recently launched Omni One, our latest and most advanced system geared specifically for the home, for gaming. And that’s taking off. We reported 138% year over year growth in our S-1. We're ready to scale, taking that product into consumer markets and scaling the business. We're also going after other markets like defense, for training and simulation.

You debuted the Virtual Terrain Walk, which is designed for training military before they would go into conflict.

Yeah, that’s right. We use the same AI-driven 3D reconstruction technique I mentioned — Gaussian splatting — that allows us to quickly turn 360-degree camera footage into photorealistic virtual environments. We can go to a location, scan it, and quickly turn it into a beautiful hyperrealistic VR world that you can walk around in with the Omni. That process used to take months. Now, thanks to AI and techniques like Gaussian splatting, it takes hours.

Our system, the Virtual Terrain Walk, lets soldiers walk the terrain before they fight on it. They can get on the system, walk around that mission area, get a sense of space and distance, and become familiar with the area. It's great for mission planning and rehearsal. There’s nothing like it for the military. We're getting quite a bit of traction in that market.

I can imagine you're hearing a lot from the military. What's ahead in 2026? Is the system where you want it now, and is it just about more sales? Or are there ongoing adaptations?

We're ready to scale. We're growing. We have production capacity in place for $100 million in annual revenues. Our vision is to scale the consumer business with Omni One and combine that with other markets like defense. That dual-use strategy — high-volume consumer sales paired with potentially high-margin defense contracts — is the way forward. We already have units at the US Air Force Academy and Yokota Air Force Base. That combination is our growth and value strategy for shareholders.

Let’s talk about shareholders. As I mentioned, you're trading on the Nasdaq today. Why go public now?

It’s the right time, especially after launching Omni One. We're ready to scale. Going public gives us access to public capital markets. With the listing, we're raising $11 million from Chicago Venture Partners and have a $50 million equity line of credit. That gives us capital to fund growth and keep scaling.

Quotes have been lightly edited for style and clarity