Vection Technologies Ltd. ( (AU:VR1) ) just unveiled an announcement.
Vection Technologies Ltd has secured a three-year SaaS distribution agreement with Augmentalix in France valued at a minimum of $0.6 million. This partnership will expand Vection’s market reach in Central Europe and diversify its global presence by leveraging Augmentalix’s expertise in XR technologies. The collaboration is expected to strengthen Vection’s positioning in the AI and XR sectors while enhancing sales channels and market confidence in its solutions.
More about Vection Technologies Ltd.
Vection Technologies Ltd is an enterprise-focused company that specializes in bridging the physical and digital worlds through extended reality (XR) interfaces. They help organizations leverage 3D data to enhance collaboration, learning, and sales growth. Vection is listed on the Australian Securities Exchange under the ticker VR1 and trades on the U.S. OTC markets under the symbol VCTNY.
YTD Price Performance: -10.0%
Average Trading Volume: 8,432,062
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$41.1M
For an in-depth examination of VR1 stock, go to TipRanks’ Stock Analysis page.