VirTra Teams With Action Target To Provide Live Fire, Virtual Training Solutions - VirTra (NASDAQ:VTSI)

VirTra Inc VTSI has agreed to team with Action Target Inc. to provide all-inclusive turnkey solutions for simulation training systems and live-fire shooting ranges. Deal terms were not disclosed.
The companies see this teaming agreement as a mutually beneficial cross-selling opportunity for both companies' sales teams.
Meanwhile, VirTra and Action Target will continue to market and sell the standard products and services individually.
"We believe that clients needing live fire and virtual training will especially benefit from the close collaboration that this teaming agreement represents," said VirTra CEO and Chairman Bob Ferris.
Future projects will be implemented and managed by both parties along with co-branding to effectively execute the teaming agreement.
Price Action: VTSI shares are trading higher by 0.71% at $6.71 on the last check Tuesday.