Key Points

• Virtuix has expanded its U.S. defense presence through projects and deployments involving the Air Force, Marine Corps, Navy, Army and now the Air National Guard.
• An Air National Guard unit in Pennsylvania has purchased an Omni One system to evaluate movement-based virtual reality and AI-driven simulation for military training.
• The deployment provides another point of validation for Virtuix’s technology, although investors will still need evidence that military evaluations can progress into broader procurement and material contract revenue.

Air National Guard becomes Virtuix’s latest defense customer

Virtuix (NASDAQ:VTIX) has announced the first deployment of its Omni One system with the Air National Guard, extending the company’s presence across the U.S. defense market.

The system was purchased by an Air National Guard unit based in Horsham, Pennsylvania. The unit intends to use Omni One to experiment with and evaluate immersive, AI-driven virtual reality for military training.

According to Virtuix, the evaluation will explore whether realistic movement and immersive training scenarios can improve warfighter readiness. The announcement did not disclose the value of the purchase or indicate whether additional systems could follow.

The deployment follows several other defense-related developments announced by Virtuix. These include a Phase I AFWERX Small Business Innovation Research award from the U.S. Air Force, a lead systems integrator role for a Marine Corps virtual reality infantry training project, a development agreement with the U.S. Navy and previous Omni deployments involving the Army and Air Force.

Together, these engagements give Virtuix a growing set of military reference customers, although most remain at the evaluation, development or early deployment stage.

Another validation point, but procurement scale is still unproven

For investors, the announcement provides further evidence that Virtuix is gaining access to U.S. military organizations.

Defense customers can offer larger and potentially more recurring opportunities than the company’s consumer hardware business. Successful evaluations could also create reference deployments that make it easier to approach other units or participate in larger training programs.

Virtuix is attempting to accelerate this opportunity through both internal development and acquisitions. The company has said it is reviewing defense training and simulation businesses with annual revenue between US$10 million and US$50 million, particularly those that could provide established government relationships and access to contract vehicles.

That approach could shorten the path to meaningful defense revenue, but it also introduces financing and integration risks. Acquisitions may require additional capital, potentially diluting existing shareholders, and there is no assurance that Virtuix will identify or complete a suitable transaction.

The other key uncertainty is the gap between military interest and scaled procurement. Trials, research agreements and initial purchases may validate the technology, but they do not necessarily translate into predictable revenue.

Most followed narrative

The most followed Simply Wall St community narrative, published on 24 June 2026, assigns Virtuix a fair value of US$7.50 per share. Compared with the current share price of US$3.25, that represents a potential upside of approximately 131%, or a 56.7% discount to the narrative’s estimate of intrinsic value.

The author argues that investors may be viewing Virtuix too narrowly, stating:

“The market appears to be valuing Virtuix like a niche consumer VR hardware company.”

The narrative instead presents Virtuix as a platform spanning consumer virtual reality, military training and AI-generated walkable environments.

Its valuation assumes that Virtuix can use part of its existing manufacturing capacity, expand consumer adoption, generate higher-margin enterprise and defense revenue, and potentially add sales through acquisitions. The base-case scenario also assumes progress from early military assessments into follow-on orders, alongside improving revenue and margins with moderate shareholder dilution.

The Air National Guard deployment supports one part of that thesis by adding another military organization to Virtuix’s defense pipeline. It suggests that the company’s technology is attracting interest beyond its existing Army, Navy, Air Force and Marine Corps relationships.

At the same time, the announcement tests the narrative’s central execution assumption. The valuation depends less on the number of pilots announced and more on Virtuix’s ability to convert them into larger orders and recurring revenue. A one-system deployment strengthens validation, but does not yet demonstrate commercial scale.

Readers can explore the full community narrative to review the author’s assumptions, scenario analysis and identified risks.

What investors may watch next

Investors may watch for results from the Air National Guard evaluation, including whether the unit expands its deployment or whether similar purchases emerge from other units.

Progress on the Air Force AFWERX project and delivery of the Marine Corps training system will also be important. Advancement into later funding stages, repeat orders or larger contracts would provide clearer evidence that Virtuix’s defense activity is moving beyond experimentation.

Other considerations include the pace of consumer Omni One sales, the financial terms of any defense acquisition and the company’s funding requirements. These factors will help determine whether increased military interest can translate into sustainable revenue without excessive shareholder dilution.

About the company

Virtuix (NASDAQ:VTIX) develops full-body virtual reality systems for consumer, enterprise, healthcare and defense applications. Its Omni platform uses omnidirectional treadmills that allow users to move physically through virtual environments.

Simply Wall St analyst Mitch Lawler and Simply Wall St have no position in any of the companies mentioned. This article is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.