Strategic Acquisition Veraxx Engineering was acquired by By Light Professional IT Services LLC in July 2022, indicating an opportunity to position complementary solutions or expand within the defense and government contracting markets they serve.

Defense Focus The company specializes in high-fidelity immersive training systems for military clients, including recent contracts with the U.S. Army, highlighting potential for sales of advanced training technology and simulation solutions to defense agencies.

Growth Leadership With recent leadership appointments of a new CEO and Chief Growth Officer, Veraxx appears to be positioning itself for expansion, creating opportunities to introduce innovative products and services aligned with their strategic growth objectives.

Niche Market Operating within the industrial and military simulation sector with a revenue range of 1 to 10 million dollars and a focus on specialized training, Veraxx provides opportunities for targeted solutions tailored to government and defense contractor needs.

Tech Stack & Capabilities Utilizing modern web technologies and engineering solutions, Veraxx demonstrates technical maturity, offering prospects for sales of cutting-edge simulation hardware, integration services, and customized immersive training platforms tailored for defense and aerospace applications.