VirTra, Inc. Announces Board Resignations,Effective August 30, 2021
August 30, 2021 at 09:54 am EDT
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On August 28, 2021, the Board of Directors of VirTra, Inc. authorized a new share repurchase program to repurchase up to 3,235,326 shares of the company’s common stock (representing 10% of the company’s outstanding shares of common stock on June 30, 2021). The term of the Share Repurchase Program VIRTRA, INC. announced that Matt Burlend and Robert D. Ferris, both Managing Directors with First Reserve, will resign from Virtra’s board of directors effective August 30, 2021.
VirTra, Inc. is a provider of judgmental use of force training simulators and firearms training simulators for the law enforcement, military, and commercial markets. The Company's patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship and related training that mimics real-world situations. Its firearms training simulator allows marksmanship and realistic scenario-based training to take place on a daily basis without the need for a shooting range, protective equipment, role players, safety officers, or a scenario-based training site. It has developed a range of simulation training including capabilities such as multiscreen, video-based scenarios, scenario authoring ability, superior training scenarios, the patented Threat-Fire shoot-back system, gas-powered simulated recoil weapons, and more. Its simulator products include V-300 Simulator, V-180 Simulator, V-100 Simulator & V-100 MIL, V-Author and others.
VIRTRA, INC. 
