RemSense Wins Expanded ExxonMobil Digital Twin Project in Bass Strait

The latest update is out from RemSense Technologies Ltd. ( (AU:REM) ).

RemSense Technologies has secured a second project award from ExxonMobil to expand deployment of its virtualplant digital twin technology at an Esso-operated Bass Strait facility, following the successful completion of an initial engagement in October 2025. Working with testing and inspection specialist Applus+, RemSense will deliver ground and drone-based ultra-high-resolution imagery, LiDAR scanning and 360-degree photogrammetry to build an enhanced virtualplant model that supports remote inspections, maintenance and engineering, under a A$94,760 contract due for completion in January 2026. The deal strengthens RemSense’s positioning as a preferred digital transformation partner to a major global energy producer, underscores the scalability of its visualisation platform across complex offshore assets, and marks another milestone in its strategy to secure repeatable, high-value engagements with leading energy companies.

The most recent analyst rating on (AU:REM) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on RemSense Technologies Ltd. stock, see the AU:REM Stock Forecast page.

More about RemSense Technologies Ltd.

RemSense Technologies Limited is an Australian technology company specialising in ultra‑high‑resolution imaging, LiDAR scanning and digital visualisation solutions for industrial assets. Its flagship virtualplant platform creates detailed cloud-based visual twins to support remote inspections, maintenance planning and engineering workflows for Tier 1 operators in the global energy and resources sectors.

Average Trading Volume: 191,642

Technical Sentiment Signal: Hold

Current Market Cap: A$7.71M

For a thorough assessment of REM stock, go to TipRanks’ Stock Analysis page.