diff --git a/doc/api/vm.md b/doc/api/vm.md
index 01317b5843ad34..2d1af01a136262 100644
--- a/doc/api/vm.md
+++ b/doc/api/vm.md
@@ -58,6 +58,9 @@ executed in specific contexts.
 <!-- YAML
 added: v0.3.1
 changes:
+  - version: REPLACEME
+    pr-url: https://github.com/nodejs/node/pull/55282
+    description: Added support for experimental strip types.
   - version:
     - v21.7.0
     - v20.12.0
@@ -107,6 +110,16 @@ changes:
     experimental modules API. We do not recommend using it in a production
     environment. For detailed information, see
     [Support of dynamic `import()` in compilation APIs][].
+  * `transform` {Object} An object containing options for type stripping.
+    Only available when the `--experimental-strip-types` flag is enabled.
+    * `mode` {string} The mode of type stripping. Possible values are:
+      * `strip-only`: Strip all types, without transforming TypeScript only features,
+        for more information read [type-stripping][].
+      * `transform`: Transforms TypeScript features, for info read [transform TypeScript features][].
+    * `sourceMap` {boolean} Generate source maps for the transformed code, if `mode` is `transform`,
+      otherwise it is not necessary.
+      The filename for the source map is the same as the filename of the script.
+      **Default:** `false`.
 
 If `options` is a string, then it specifies the filename.
 
@@ -990,6 +1003,9 @@ const vm = require('node:vm');
 <!-- YAML
 added: v10.10.0
 changes:
+  - version: REPLACEME
+    pr-url: https://github.com/nodejs/node/pull/55282
+    description: Added support for experimental strip types.
   - version:
     - v21.7.0
     - v20.12.0
@@ -1044,6 +1060,16 @@ changes:
   * `contextExtensions` {Object\[]} An array containing a collection of context
     extensions (objects wrapping the current scope) to be applied while
     compiling. **Default:** `[]`.
+  * `transform` {Object} An object containing options for type stripping.
+    Only available when the `--experimental-strip-types` flag is enabled.
+    * `mode` {string} The mode of type stripping. Possible values are:
+      * `strip-only`: Strip all types, without transforming TypeScript only features,
+        for more information read [type-stripping][].
+      * `transform`: Transforms TypeScript features, for info read [transform TypeScript features][].
+    * `sourceMap` {boolean} Generate source maps for the transformed code, if `mode` is `transform`,
+      otherwise it is not necessary.
+      The filename for the source map is the same as the filename of the script.
+      **Default:** `false`.
 * `importModuleDynamically`
   {Function|vm.constants.USE\_MAIN\_CONTEXT\_DEFAULT\_LOADER}
   Used to specify the how the modules should be loaded during the evaluation of
@@ -1287,6 +1313,9 @@ vm.measureMemory({ mode: 'detailed', execution: 'eager' })
 <!-- YAML
 added: v0.3.1
 changes:
+  - version: REPLACEME
+    pr-url: https://github.com/nodejs/node/pull/55282
+    description: Added support for experimental strip types.
   - version:
     - v21.7.0
     - v20.12.0
@@ -1335,6 +1364,16 @@ changes:
     experimental modules API. We do not recommend using it in a production
     environment. For detailed information, see
     [Support of dynamic `import()` in compilation APIs][].
+  * `transform` {Object} An object containing options for type stripping.
+    Only available when the `--experimental-strip-types` flag is enabled.
+    * `mode` {string} The mode of type stripping. Possible values are:
+      * `strip-only`: Strip all types, without transforming TypeScript only features,
+        for more information read [type-stripping][].
+      * `transform`: Transforms TypeScript features, for info read [transform TypeScript features][].
+    * `sourceMap` {boolean} Generate source maps for the transformed code, if `mode` is `transform`,
+      otherwise it is not necessary.
+      The filename for the source map is the same as the filename of the script.
+      **Default:** `false`.
 
 The `vm.runInContext()` method compiles `code`, runs it within the context of
 the `contextifiedObject`, then returns the result. Running code does not have
@@ -1364,6 +1403,9 @@ console.log(contextObject);
 <!-- YAML
 added: v0.3.1
 changes:
+  - version: REPLACEME
+    pr-url: https://github.com/nodejs/node/pull/55282
+    description: Added support for experimental strip types.
   - version:
     - v22.8.0
     - v20.18.0
@@ -1443,6 +1485,16 @@ changes:
     scheduled through `Promise`s and `async function`s) will be run immediately
     after the script has run. They are included in the `timeout` and
     `breakOnSigint` scopes in that case.
+  * `transform` {Object} An object containing options for type stripping.
+    Only available when the `--experimental-strip-types` flag is enabled.
+    * `mode` {string} The mode of type stripping. Possible values are:
+      * `strip-only`: Strip all types, without transforming TypeScript only features,
+        for more information read [type-stripping][].
+      * `transform`: Transforms TypeScript features, for info read [transform TypeScript features][].
+    * `sourceMap` {boolean} Generate source maps for the transformed code, if `mode` is `transform`,
+      otherwise it is not necessary.
+      The filename for the source map is the same as the filename of the script.
+      **Default:** `false`.
 * Returns: {any} the result of the very last statement executed in the script.
 
 This method is a shortcut to
@@ -1486,6 +1538,9 @@ const frozenContext = vm.runInNewContext('Object.freeze(globalThis); globalThis;
 <!-- YAML
 added: v0.3.1
 changes:
+  - version: REPLACEME
+    pr-url: https://github.com/nodejs/node/pull/55282
+    description: Added support for experimental strip types.
   - version:
     - v21.7.0
     - v20.12.0
@@ -1532,6 +1587,16 @@ changes:
     experimental modules API. We do not recommend using it in a production
     environment. For detailed information, see
     [Support of dynamic `import()` in compilation APIs][].
+  * `transform` {Object} An object containing options for type stripping.
+    Only available when the `--experimental-strip-types` flag is enabled.
+    * `mode` {string} The mode of type stripping. Possible values are:
+      * `strip-only`: Strip all types, without transforming TypeScript only features,
+        for more information read [type-stripping][].
+      * `transform`: Transforms TypeScript features, for info read [transform TypeScript features][].
+    * `sourceMap` {boolean} Generate source maps for the transformed code, if `mode` is `transform`,
+      otherwise it is not necessary.
+      The filename for the source map is the same as the filename of the script.
+      **Default:** `false`.
 * Returns: {any} the result of the very last statement executed in the script.
 
 `vm.runInThisContext()` compiles `code`, runs it within the context of the
@@ -1982,3 +2047,5 @@ const { Script, SyntheticModule } = require('node:vm');
 [global object]: https://es5.github.io/#x15.1
 [indirect `eval()` call]: https://es5.github.io/#x10.4.2
 [origin]: https://developer.mozilla.org/en-US/docs/Glossary/Origin
+[transform TypeScript features]: typescript.md#typescript-features
+[type-stripping]: typescript.md#type-stripping
diff --git a/lib/internal/modules/helpers.js b/lib/internal/modules/helpers.js
index ef28151da79741..ef08d97436e19f 100644
--- a/lib/internal/modules/helpers.js
+++ b/lib/internal/modules/helpers.js
@@ -313,44 +313,33 @@ function getBuiltinModule(id) {
   return normalizedId ? require(normalizedId) : undefined;
 }
 
-/**
- * TypeScript parsing function, by default Amaro.transformSync.
- *  @type {Function}
- */
-let typeScriptParser;
 /**
  * The TypeScript parsing mode, either 'strip-only' or 'transform'.
  * @type {string}
  */
-let typeScriptParsingMode;
-/**
- * Whether source maps are enabled for TypeScript parsing.
- * @type {boolean}
- */
-let sourceMapEnabled;
+const getTypeScriptParsingMode = getLazy(() =>
+  (getOptionValue('--experimental-transform-types') ? 'transform' : 'strip-only'),
+);
 
 /**
  * Load the TypeScript parser.
- * @param {Function} parser - A function that takes a string of TypeScript code
  * and returns an object with a `code` property.
  * @returns {Function} The TypeScript parser function.
  */
-function loadTypeScriptParser(parser) {
-  if (typeScriptParser) {
-    return typeScriptParser;
-  }
+const loadTypeScriptParser = getLazy(() => {
+  const amaro = require('internal/deps/amaro/dist/index');
+  return amaro.transformSync;
+});
 
-  if (parser) {
-    typeScriptParser = parser;
-  } else {
-    const amaro = require('internal/deps/amaro/dist/index');
-    // Default option for Amaro is to perform Type Stripping only.
-    typeScriptParsingMode = getOptionValue('--experimental-transform-types') ? 'transform' : 'strip-only';
-    sourceMapEnabled = getOptionValue('--enable-source-maps');
-    // Curry the transformSync function with the default options.
-    typeScriptParser = amaro.transformSync;
-  }
-  return typeScriptParser;
+/**
+ *
+ * @param {string} source the source code
+ * @param {object} options the options to pass to the parser
+ * @returns {TransformOutput} an object with a `code` property.
+ */
+function parseTypeScript(source, options) {
+  const parse = loadTypeScriptParser();
+  return parse(source, options);
 }
 
 /**
@@ -365,14 +354,13 @@ function loadTypeScriptParser(parser) {
  */
 function stripTypeScriptTypes(source, filename) {
   assert(typeof source === 'string');
-  const parse = loadTypeScriptParser();
   const options = {
     __proto__: null,
-    mode: typeScriptParsingMode,
-    sourceMap: sourceMapEnabled,
+    mode: getTypeScriptParsingMode(),
+    sourceMap: getOptionValue('--enable-source-maps'),
     filename,
   };
-  const { code, map } = parse(source, options);
+  const { code, map } = parseTypeScript(source, options);
   if (map) {
     // TODO(@marco-ippolito) When Buffer.transcode supports utf8 to
     // base64 transformation, we should change this line.
@@ -488,6 +476,7 @@ module.exports = {
   loadBuiltinModule,
   makeRequireFunction,
   normalizeReferrerURL,
+  parseTypeScript,
   stripTypeScriptTypes,
   stringify,
   stripBOM,
diff --git a/lib/vm.js b/lib/vm.js
index 3eea66b3f07437..475a44b6293bf2 100644
--- a/lib/vm.js
+++ b/lib/vm.js
@@ -38,6 +38,7 @@ const {
 const {
   ERR_CONTEXT_NOT_INITIALIZED,
   ERR_INVALID_ARG_TYPE,
+  ERR_INVALID_ARG_VALUE,
 } = require('internal/errors').codes;
 const {
   validateArray,
@@ -67,6 +68,9 @@ const {
   vm_dynamic_import_main_context_default,
   vm_context_no_contextify,
 } = internalBinding('symbols');
+const { getOptionValue } = require('internal/options');
+const { parseTypeScript } = require('internal/modules/helpers');
+const { Buffer } = require('buffer');
 const kParsingContext = Symbol('script parsing context');
 
 /**
@@ -98,6 +102,7 @@ class Script extends ContextifyScript {
       produceCachedData = false,
       importModuleDynamically,
       [kParsingContext]: parsingContext,
+      transform,
     } = options;
 
     validateString(filename, 'options.filename');
@@ -107,6 +112,9 @@ class Script extends ContextifyScript {
       validateBuffer(cachedData, 'options.cachedData');
     }
     validateBoolean(produceCachedData, 'options.produceCachedData');
+    if (getOptionValue('--experimental-strip-types') && transform) {
+      code = stripTypeScriptTypes(code, options);
+    }
 
     const hostDefinedOptionId =
         getHostDefinedOptionId(importModuleDynamically, filename);
@@ -331,6 +339,7 @@ function compileFunction(code, params, options = kEmptyObject) {
     parsingContext = undefined,
     contextExtensions = [],
     importModuleDynamically,
+    transform,
   } = options;
 
   validateString(filename, 'options.filename');
@@ -361,6 +370,9 @@ function compileFunction(code, params, options = kEmptyObject) {
   const hostDefinedOptionId =
       getHostDefinedOptionId(importModuleDynamically, filename);
 
+  if (getOptionValue('--experimental-strip-types') && transform) {
+    code = stripTypeScriptTypes(code, options);
+  }
   return internalCompileFunction(
     code, filename, lineOffset, columnOffset,
     cachedData, produceCachedData, parsingContext, contextExtensions,
@@ -400,6 +412,38 @@ const vmConstants = {
 
 ObjectFreeze(vmConstants);
 
+function stripTypeScriptTypes(source, options) {
+  const { transform, filename } = options;
+  validateObject(transform, 'options.transform');
+  const {
+    mode,
+    sourceMap = false,
+  } = transform;
+  validateString(mode, 'options.transform.mode');
+  if (mode !== 'strip-only' && mode !== 'transform') {
+    throw new ERR_INVALID_ARG_VALUE('options.transform.mode', mode, 'must be either ' +
+                                    '"strip-only" or "transform"');
+  }
+
+  validateBoolean(sourceMap, 'options.transform.sourceMap');
+
+  const transformOptions = {
+    __proto__: null,
+    mode,
+    sourceMap,
+    filename,
+  };
+
+  const { code, map } = parseTypeScript(source, transformOptions);
+  if (map) {
+    // TODO(@marco-ippolito) When Buffer.transcode supports utf8 to
+    // base64 transformation, we should change this line.
+    const base64SourceMap = Buffer.from(map).toString('base64');
+    return `${code}\n\n//# sourceMappingURL=data:application/json;base64,${base64SourceMap}`;
+  }
+  return code;
+}
+
 module.exports = {
   Script,
   createContext,
diff --git a/test/parallel/test-vm-strip-types.js b/test/parallel/test-vm-strip-types.js
new file mode 100644
index 00000000000000..42d10b4bfa7214
--- /dev/null
+++ b/test/parallel/test-vm-strip-types.js
@@ -0,0 +1,100 @@
+'use strict';
+
+// Flags: --experimental-strip-types
+
+require('../common');
+const assert = require('assert');
+const vm = require('vm');
+const { Buffer } = require('buffer');
+const { test } = require('node:test');
+
+test('new script with strip types', () => {
+  const script = new vm.Script('x = 1 as number', {
+    transform: {
+      mode: 'strip-only'
+    }
+  });
+  const ctx = vm.createContext({ x: 42 });
+  const result = script.runInContext(ctx);
+  assert.strictEqual(result, 1);
+});
+
+test('invalid transform mode', () => {
+  assert.throws(() => {
+    new vm.Script('x = 1 as number', {
+      transform: {
+        mode: 'invalid'
+      }
+    });
+  }, /\[ERR_INVALID_ARG_VALUE\]/);
+});
+
+test('runInContext with strip types', () => {
+  const ctx = vm.createContext({ x: 42 });
+  vm.runInContext('x = 1 as number', ctx, {
+    transform: {
+      mode: 'strip-only'
+    }
+  });
+  assert.strictEqual(ctx.x, 1);
+});
+
+test('new script with transform types', () => {
+  const script = new vm.Script('x = 1 as number', {
+    transform: {
+      mode: 'transform',
+      sourceMap: true
+    }
+  });
+  const ctx = vm.createContext({ x: 42 });
+  const result = script.runInContext(ctx);
+  assert.strictEqual(result, 1);
+  const sourceMap = {
+    version: 3,
+    sources: [
+      '<anon>',
+    ],
+    sourcesContent: [
+      'x = 1 as number',
+    ],
+    names: [],
+    mappings: 'AAAA,IAAI'
+  };
+  const base64SourceMap = Buffer.from(JSON.stringify(sourceMap)).toString('base64');
+  assert.strictEqual(script.sourceMapURL, `data:application/json;base64,${base64SourceMap}`);
+});
+
+test('new script with transform types and filename', () => {
+  const filename = 'test.ts';
+  const script = new vm.Script('x = 1 as number', {
+    filename,
+    transform: {
+      mode: 'transform',
+      sourceMap: true
+    }
+  });
+  const ctx = vm.createContext({ x: 42 });
+  const result = script.runInContext(ctx);
+  assert.strictEqual(result, 1);
+  const sourceMap = {
+    version: 3,
+    sources: [
+      filename,
+    ],
+    names: [],
+    mappings: 'AAAA,IAAI'
+  };
+  const base64SourceMap = Buffer.from(JSON.stringify(sourceMap)).toString('base64');
+  assert.strictEqual(script.sourceMapURL, `data:application/json;base64,${base64SourceMap}`);
+});
+
+test('compileFunction with strip types', () => {
+  const value = "const s: string = 'Hello, World!';";
+  const result = "function () {\nconst s         = 'Hello, World!';\n}";
+  const output = vm.compileFunction(value, [], {
+    transform: {
+      mode: 'strip-only'
+    }
+  });
+  assert.strictEqual(output.toString(), result);
+});