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The latest announcement is out from Vection Technologies Ltd. ( (AU:VR1) ).
Vection Technologies Ltd has achieved Dell Technologies Titanium Partner status, the highest level in Dell’s global partner program, following a $4 million extension of a key defense contract. This recognition underscores Vection’s revenue growth and technical expertise, providing enhanced co-marketing opportunities, direct collaboration with Dell specialists, and exclusive access to Dell’s product development roadmaps. These advancements will bolster Vection’s market reach and innovation in AI and XR technologies, strengthening its position in mission-critical defense and law enforcement applications while expanding into broader enterprise markets.
More about Vection Technologies Ltd.
Vection Technologies is a rapidly growing enterprise-focused company that assists businesses in bridging the physical and digital worlds. The company leverages powerful extended reality (XR) interfaces to help organizations utilize their 3D data for collaboration, learning, and sales growth. Vection Technologies is listed on the Australian Securities Exchange (ASX) under the ticker code VR1 and trades on the U.S. over-the-counter (OTC) markets with the symbol VCTNY.
YTD Price Performance: 3.33%
Average Trading Volume: 9,653,505
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$51.63M
For an in-depth examination of VR1 stock, go to TipRanks’ Stock Analysis page.
