Vection Technologies Ltd. (AU:VR1) has released an update.
Vection Technologies Ltd. reports a significant revenue increase to $19.8 million in the third quarter of FY24, marking an 82% growth compared to the first half of the fiscal year. The company has strengthened its market presence with a major defence sector contract and the integration of its recent fashion industry acquisition, Invrsion. Highlighting progress in spatial computing and AI, Vection is enhancing operational efficiency and advancing its commitment to sustainability and customer ESG goals.
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