VIRTUALWARE 2007 SA

VIRTUALWARE 2007 SA, operating as Virtualware, is a global technology group specializing in 3D-driven enterprise software as a service, with a focus on immersive and interactive technologies, particularly virtual reality (VR). The company's mission is to drive the adoption of virtual reality by providing tools and support for businesses and institutions to leverage real-time 3D technology, aiming to create a more sustainable future through its application. Founded in 2004, Virtualware is headquartered in Basauri, near Bilbao, Spain, with additional offices in the UK, Canada, and the US.

Virtualware's core offerings include its flagship product, VIROO, a patented Virtual Reality as a Service (VRaaS) platform designed for creating and deploying robust multi-user immersive applications, digital twins, and training content. The company also provides Simumatik, a virtual commissioning platform for digital twins, and offers bespoke solutions and consulting services in computer hardware, software, and systems design. Virtualware's solutions cater to a diverse range of sectors, including energy, defense, transportation, education, healthcare, automotive, manufacturing, and leisure and tourism, addressing complex industrial challenges.

Virtualware is publicly traded on Euronext Growth Paris under the ticker ALVIR, having moved from Euronext Access Paris (previous ticker MLVIR) on June 19, 2025. The company has been actively expanding its global footprint, particularly in North America, which accounted for 40% of its 2025 revenue. Recent notable developments include the acquisition of Simumatik in October 2024, the appointment of Ed Martin as Strategic Advisor for North American expansion in October 2025, and John A. Cunningham as President of Virtualware USA operations in March 2024. Virtualware reported record bookings exceeding €8 million in 2025 and secured an €800,000 contract extension with ADIF for railway VR training in March 2026. Unai Extremo serves as CEO and founder, with Sergio Barrera as CTO and co-founder.