MLVIR VIRTUALWARE 2007 SA

Virtualware signs largest contract to date to deploy VIROO across Spain’s leading vocational training centres

Virtualware signs largest contract to date to deploy VIROO across Spain’s leading vocational training centres

Bilbao, September 12, 2025 – Virtualware (EPA:ALVIR), a pioneer in 3D-driven enterprise software, has signed an agreement valued at more than €5 million to roll out its VIROO platform in 66 Centres of Excellence for Vocational Training under the Ministry of Education, Vocational Training and Sport (MEFPD).

This six-year contract, places at the epicenter of the national strategy to create and deploy immersive content that places Vocational Education and Training (VET) at the forefront and foster the development of future professionals.

With this agreement, these 66 new VET Centres will join the more than 25 vocational training centers across the whole of Spain already equipped with Virtualware’s VIROO platform.

“We are opening a new chapter of growth and pedagogical innovation, allowing thousands of students to train with state-of-the-art immersive simulators developed and deployed through VIROO platform, raising their technical skills from day one.  Our goal is to bring immersive technology to every vocational training classroom in Spain, through a sustainable model for content creation and deployment”, says Unai Extremo, CEO of Virtualware.

Virtualware, founded in 2004, is one of the leading experts in immersive and 3D technology solutions. During this period, its software solutions have become synonymous with cutting-edge 3D enterprise.

In October 2024,, expanding its capabilities in digital twin and simulation technologies. This acquisition aligns with the company’s three-year Strategic Plan to support key industries, including energy, automotive, transportation, defense, manufacturing, education, and healthcare.

In 2024, Virtualware also presented a three-year (2024-2026) Strategic Plan featuring expansion in North America, channel-based organic growth, and inorganic acquisitions.

Virtualware’s client base includes GE Vernova, Petronas, Volvo, Gestamp, Alstom, ADIF, Bosch, Biogen, Kessler Foundation, Invest WindsorEssex, McMaster University, the University of El Salvador, Ohio University, the Spanish Ministry of Defense and the Basque Government.

The company’s headquarters are in Bilbao, Spain, with offices in Orlando, US, Toronto, Canada, and Skövde, Sweden.

Safe Harbor

This document is only provided for information purposes and does not constitute, nor should it be interpreted as, an offer to sell or exchange or acquire, or an invitation for offers to buy securities issued by any of the aforementioned companies. Any decision to buy or invest in securities in relation to a specific issue must be made solely and exclusively on the basis of the information set out in the pertinent prospectus filed by the company in relation to such specific issue. No one who becomes aware of the information contained in this report should regard it as definitive, because it is subject to changes and modifications. 

This document contains or may contain forward looking statements regarding intentions, expectations or projections of Virtualware 2007, S.A. (“Virtualware” or the “Company”) or of its management on the date thereof, that refer to or incorporate various assumptions and projections, including projections about the future earnings of the business. The statements contained herein are based on our current projections, but the actual results may be substantially modified in the future by various risks and other factors that may cause the results or final decisions to differ from such intentions, projections or estimates. These factors include, without limitation, (1) the market situation, macroeconomic factors, regulatory, political or government guidelines, (2) domestic and international stock market movements, exchange rates and interest rates, (3) competitive pressures, (4) technological changes, (5) alterations in the financial situation, creditworthiness or solvency of our customers, debtors or counterparts. These factors could cause or result in actual events differing from the information and intentions stated, projected or forecast in this document or in other past or future documents. Virtualware does not undertake to publicly revise the contents of this or any other document, either if the events are not as described herein, or if such events lead to changes in the information contained in this document. This disclaimer needs to be taken into account by those persons which may take a decision over the base of this document or to elaborate or disseminate opinions based hereof.  This document may contain summarised information or information that has not been audited. This document is confidential and it cannot be revealed or disclosed to third parties different from the original recipients, even partially, without Virtualware’s prior consent.



EN
12/09/2025

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