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Vection Technologies Ltd. ( (AU:VR1) ) has provided an update.
Vection Technologies Ltd has announced a three-year agreement with Totalplay Telecomunicaciones S.A. de C.V., a prominent Mexican telecommunications provider. This partnership, valued at a minimum of $0.7 million, strengthens Vection’s presence in Central America and opens pathways into South American markets. The agreement involves integrating Vection’s Enworks XR platform into Totalplay’s service offerings, aiming to enhance field operations and boost customer satisfaction. This strategic collaboration supports Vection’s geographic expansion and aligns with its growth ambitions, as Totalplay’s market reach and future expansion prospects into South America present significant opportunities.
More about Vection Technologies Ltd.
Vection Technologies Ltd is an enterprise-focused company that bridges the physical and digital worlds by leveraging 3D data through extended reality (XR) interfaces. The company is listed on the Australian Securities Exchange under the ticker code VR1 and trades on the U.S. over-the-counter markets with the symbol VCTNY.
YTD Price Performance: -13.33%
Average Trading Volume: 8,856,724
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$39.58M
See more insights into VR1 stock on TipRanks’ Stock Analysis page.
