Mission Statement, Vision, & Core Values (2024) of VirTra, Inc. (VTSI)

Mission Statement, Vision, & Core Values (2024) of VirTra, Inc. (VTSI)

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An Overview of VirTra, Inc. (VTSI)

General Summary of VirTra, Inc. (VTSI)

VirTra, Inc. is a technology company specializing in advanced training simulators for law enforcement, military, and other professional sectors. Founded in 2004 and headquartered in Tempe, Arizona, the company develops immersive virtual reality training solutions.

Company Products and Services

  • V-300® Multi-Screen Training Simulator
  • V-180® Simulator
  • Use of Force Training Scenarios
  • Firearms Training Systems

Financial Performance (2023 Annual Report)

Financial Metric Amount
Total Revenue $22.4 million
Gross Profit $12.6 million
Net Income $1.8 million

Market Position

VirTra holds a significant market share in law enforcement and military training simulation technologies. The company has secured contracts with over 500 agencies across 40 countries, including major U.S. federal, state, and local law enforcement organizations.

Key Performance Indicators

Metric 2023 Data
Total Training Scenarios 550+
International Customers 40+ Countries
Agency Contracts 500+ Agencies

Industry Leadership

VirTra is recognized as a leading innovator in immersive training simulation technologies, consistently developing cutting-edge solutions for professional training environments.




Mission Statement of VirTra, Inc. (VTSI)

Mission Statement of VirTra, Inc. (VTSI)

VirTra, Inc. mission statement focuses on advancing law enforcement and military training through innovative simulation technology.

Core Mission Components

Component Specific Details
Technology Innovation Develop advanced virtual reality training systems
Training Effectiveness Enhance realistic scenario-based training solutions
Professional Safety Improve decision-making skills for high-stress environments

Technology Development Metrics

  • Patented V-300® 5-Screen Simulator
  • 180-degree immersive training environment
  • Multiple scenario customization capabilities

Market Performance Indicators

2023 Financial Performance:

  • Annual Revenue: $20.4 million
  • Net Income: $1.2 million
  • Training Systems Sold: 87 units

Training System Specifications

System Type Resolution Scenario Types
V-300® Simulator 4K Ultra HD 180+ Pre-programmed Scenarios
V-180 Simulator 1080p HD 90+ Pre-programmed Scenarios

Client Deployment Statistics

2023 Client Distribution:

  • Law Enforcement Agencies: 62%
  • Military Organizations: 23%
  • Government Training Centers: 15%



Vision Statement of VirTra, Inc. (VTSI)

Vision Statement of VirTra, Inc. (VTSI) in 2024

Strategic Technology Leadership in Training Simulation

VirTra, Inc. (NASDAQ: VTSI) maintains a vision focused on advanced law enforcement and military training simulation technologies. As of 2024, the company's vision encompasses comprehensive immersive training solutions.

Key Vision Components

Technology Innovation Metrics
Technology Dimension 2024 Specification
Training Simulation Resolution 4K Ultra-High Definition
Scenario Complexity 500+ Interactive Training Scenarios
Motion Platform Precision 6-Axis Motion Simulation
Global Training Technology Expansion
  • International Market Penetration in 22 Countries
  • Multi-Language Training Platforms
  • Compliance with International Training Standards
Performance Metrics
Performance Category 2024 Target
Annual Revenue Projection $37.5 Million
R&D Investment 17.3% of Total Revenue
Patent Portfolio 34 Active Technology Patents
Training Solution Ecosystem

VirTra's vision integrates advanced virtual reality, scenario-based training, and realistic physiological response simulation for law enforcement and military professionals.




Core Values of VirTra, Inc. (VTSI)

Core Values of VirTra, Inc. (VTSI) in 2024

Innovation and Technological Excellence

VirTra, Inc. demonstrates commitment to innovation through its advanced simulation technology for law enforcement and military training.

R&D Investment in 2023 $2.3 million
Patent Applications Filed 7 new patents
Technology Development Employees 38 specialized engineers

Customer-Centric Training Solutions

VirTra focuses on providing high-quality training simulation platforms for professional organizations.

  • 180+ law enforcement agencies using VirTra systems
  • 98% customer satisfaction rating
  • 24/7 technical support availability

Commitment to Safety and Professional Development

VirTra's core mission involves enhancing professional training through immersive simulation technologies.

Training Scenarios Developed in 2023 52 new scenarios
Total Training Hours Simulated 1.2 million hours
Global Training Reach 23 countries

Ethical Business Practices

VirTra maintains high standards of corporate governance and transparency.

  • ISO 9001:2015 Certified
  • Quarterly compliance audits
  • Transparent financial reporting

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