Virtuix Appoints Brett Moyer to Board of Directors
MWN-AI** Summary
Virtuix Inc. (NASDAQ: VTIX), a prominent developer of full-body virtual reality systems, has appointed Brett Moyer to its Board of Directors as of March 10, 2026. Moyer, a seasoned technology executive, currently serves as Chief Financial Officer and Chairman of Datavault AI, a company focusing on AI-driven data monetization. His extensive experience includes influential roles at WiSA Technologies, Focus Enhancements, and Zenith Electronics. Moyer’s academic qualifications include a BA in Economics and an MBA, equipping him with a strong foundation for steering companies in competitive markets.
The addition of Moyer to Virtuix’s Board comes at a crucial juncture for the company, which is progressing in various strategic endeavors, such as scaling its Omni One product and venturing into defense applications. Jan Goetgeluk, Virtuix’s Founder and CEO, expressed enthusiasm for Moyer’s appointment, highlighting his valuable expertise in public company governance, capital markets, mergers, and acquisitions, which is expected to significantly contribute to the company’s growth strategy.
Moyer echoed this sentiment, expressing eagerness to join Virtuix as it capitalizes on its recent Nasdaq listing and explores various market opportunities. He mentioned the company’s innovative Omni One platform and its integration into Meta’s Made for Meta program, asserting that Virtuix is positioned to meet the escalating demand for immersive virtual reality solutions across consumer and enterprise sectors.
As Virtuix continues to push boundaries in extended reality (XR) and artificial intelligence (AI), Moyer’s insights and leadership will be instrumental in fostering long-term growth and shareholder value, steering the company through an evolving landscape in the immersive entertainment industry.
MWN-AI** Analysis
The recent appointment of Brett Moyer to the Board of Directors at Virtuix Inc. (NASDAQ: VTIX) signals a crucial shift for the company as it ramps up its growth strategy in the burgeoning virtual reality (VR) sector. Moyer’s extensive background in public company leadership and capital markets, combined with his operational expertise in innovative technology, positions him well to guide Virtuix as it expands its offerings, particularly with its flagship product, Omni One.
Investors should note that the immersive entertainment industry is gaining traction, with Virtuix at the forefront due to its focus on unique VR solutions not only for consumers but also for defense and enterprise applications. Moyer's insights into market trends and M&A activities are likely to catalyze strategic growth initiatives that could enhance shareholder value. The announcement of Virtuix joining Meta’s "Made for Meta" program and its exploration into defense applications through Virtual Terrain Walk further bolster the company's market credibility and diversify its revenue streams.
However, prospective investors should be cautious. As an evolving tech entity, Virtuix faces inherent risks, including market volatility and competition within the VR space. The company’s forward-looking statements indicate ambitious growth plans, but external economic factors could impact these strategies.
Overall, now may be an opportune moment for investors to consider establishing a position in Virtuix, taking into account both the potential for high returns and the associated risks. Monitoring Moyer's contributions will be crucial as he navigates the challenges and opportunities that lie ahead for Virtuix. A balanced approach, keeping an eye on both market volatility and VR adoption trends, will be essential for anyone looking to invest in VTIX moving forward.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Veteran Technology Executive Brings Public Company, Capital Markets, and Operating Experience to Support Virtuix’s Growth Strategy
AUSTIN, Texas, March 10, 2026 (GLOBE NEWSWIRE) -- Virtuix Inc. (NASDAQ: VTIX), a leading developer of full-body virtual reality systems, today announced the appointment of Brett Moyer to the Company’s Board of Directors, effective immediately.
Brett Moyer has served as Chief Financial Officer of Datavault AI (NASDAQ), an AI-driven data experience, valuation, and monetization entity since January 2025, and has been a Director and Chairman of the Board since 2010. He was a founding member of WiSA Technologies and served as president, CEO, and director from 2010 until December 2024, when the company acquired Data Vault Holdings’ assets and expanded its operations as Datavault AI. He has also served as a director of RYVYL Inc. (NASDAQ) since June 2025.
Earlier in his career, Mr. Moyer served as President and Chief Executive Officer of Focus Enhancements and held leadership roles at Zenith Electronics. He has also served on the board of Aliant International University since 2016 and previously served on the Boards for HotChalk, Inc. and NeoMagic Corporation. He holds a BA in Economics from Beloit College and an MBA from Thunderbird School of Global Management.
“We are pleased to welcome Brett to the Virtuix Board of Directors at an exciting time in the Company’s growth,” said Jan Goetgeluk, Founder and CEO of Virtuix. “Brett brings a unique combination of public company leadership, capital markets and M&A expertise, and operating experience across innovative technology businesses. As we scale Omni One, expand our market presence, and pursue new strategic opportunities, Brett’s perspective will be highly valuable to the Virtuix team as we create long-standing value and growth for our shareholders.”
“I am excited to join the Virtuix Board at such a pivotal moment for the company and the broader immersive entertainment industry,” said Mr. Moyer. “With its recent Nasdaq listing, expansion into defense applications through Virtual Terrain Walk, and joining Meta’s Made for Meta program, Virtuix is experiencing meaningful momentum across multiple fronts. The Company has developed a differentiated platform with Omni One and is well positioned to capitalize on the growing demand for immersive virtual reality technology in both consumer and enterprise markets. I look forward to working with the Virtuix team to support their long-term growth strategy and shareholder value creation.”
About Virtuix
Virtuix Inc. (NASDAQ: VTIX) is a leading manufacturer of full-body virtual reality systems for consumer, enterprise, and defense markets. The company's premier portfolio of "Omni" omni-directional treadmills enables players to walk and run in 360 degrees inside video games and other virtual reality applications. With a commitment to innovation, Virtuix continues to push the boundaries of XR and AI, delivering immersive experiences to users worldwide. For more information, visit virtuix.com.
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
Visit Us on Social Media:
LinkedIn
Instagram
Facebook
YouTube
TikTok
X
Company Contact
Lauren Premo
Virtuix Inc.
press@virtuix.com
Investor Relations Contact
Chris Tyson
MZ Group
Direct: 949-491-8235
VTIX@mzgroup.us
FAQ**
How will Brett Moyer's past experiences with public companies, including his role as CFO of Datavault AI, benefit Virtuix Holdings Inc. (NASDAQ: VTIX) in navigating capital markets?
What specific growth strategies does Virtuix Holdings Inc. (VTIX) plan to implement under Brett Moyer's guidance to enhance its market presence in the immersive entertainment industry?
How does Virtuix Holdings Inc. (VTIX) plan to leverage its recent Nasdaq listing and partnerships, such as joining Meta’s Made for Meta program, to drive growth moving forward?
What are the main risks that Virtuix Holdings Inc. (VTIX) faces as it expands into defense applications and what strategies are in place to mitigate these risks?
**MWN-AI FAQ is based on asking OpenAI questions about Virtuix Holdings Inc. (NASDAQ: VTIX).
NASDAQ: VTIX
VTIX Trading
-4.67% G/L:
$7.445 Last:
83,744 Volume:
$7.53 Open:
