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Vection Technologies Ltd. ( (AU:VR1) ) has shared an update.
Vection Technologies Ltd has announced a distribution agreement with Synergy Simulation and Training Ltd to expand its market reach in Europe, specifically Bulgaria, with a sales target of $600,000 by 2027. Additionally, Vection has partnered with DigiLens Inc. to integrate its XR applications into DigiLens ARGO smart glasses, aiming to enhance spatial computing capabilities and security for industrial and government sectors globally. These strategic collaborations are expected to strengthen Vection’s presence in the European market and support its scalability internationally.
More about Vection Technologies Ltd.
Vection Technologies is an enterprise-focused company that helps businesses integrate the physical and digital worlds by leveraging 3D data through extended reality (XR) interfaces. These solutions are designed to enhance collaboration, learning, and sales. Vection Technologies is listed on the Australian Securities Exchange under the ticker code VR1 and trades on U.S. over-the-counter markets under the symbol VCTNY.
YTD Price Performance: 30.0%
Average Trading Volume: 11,521,088
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$52.67M
See more data about VR1 stock on TipRanks’ Stock Analysis page.
