Virtuix Inc. CEO Jan Goetgeluk detailed the company’s growth trajectory and expansion plans following its recent initial public offering, citing 138% year-over-year revenue growth driven by its Omni One virtual reality treadmill gaming system. In an interview featured on Benzinga’s All Access, Goetgeluk emphasized that the company is positioned to scale significantly with fresh capital from its public listing.
The Omni One system has resonated with consumers by creating immersive experiences where players physically move through virtual worlds, according to Goetgeluk. Beyond gaming, the platform promotes physical activity, with one customer reportedly losing 40 pounds over four months of use. This combination of entertainment and fitness has been central to the company’s market appeal and rapid growth.
Proceeds from the IPO, combined with an $11 million investment from Chicago Venture Partners and a $50 million equity line of credit, will fund Virtuix’s expansion into new markets. Goetgeluk specifically mentioned the defense sector as a target for growth, indicating a strategic shift beyond consumer applications. The capital infusion will support scaling operations and broadening the company’s market reach.
The company’s financial performance and strategic direction come at a time when immersive technology is gaining broader acceptance. Virtuix’s focus on physical movement within virtual environments distinguishes its offering from stationary VR systems, potentially creating new applications across entertainment, fitness, and now professional training sectors. The planned expansion into defense suggests potential use cases for simulation and training purposes.
Goetgeluk’s comments during the interview reflect confidence in the company’s trajectory, stating ‘We’re growing and we are ready to scale.’ The triple-digit growth figure underscores the market’s response to the Omni One system, while the diversified funding strategy provides multiple avenues for sustained expansion. As Virtuix leverages its public market presence and venture backing, its approach to merging physical activity with virtual reality could influence broader industry trends toward more active immersive experiences.
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