Vection Technologies Ltd (ASX: VR1) has announced strategic partnerships to expand its XR ecosystem and strengthen its global presence. The company has signed a distribution agreement with Synergy Simulation and Training Ltd to enter the Bulgarian market, aiming for ~AU$600k in revenue by 2027. Active partnership negotiations in the Netherlands and Spain complements this expansion.
Additionally, Vection has partnered with DigiLens Inc., a leader in waveguide display technologies, to integrate its certified XR applications into DigiLens’ ARGO smart glasses. This collaboration enhances spatial computing, cyber security, and data management, offering advanced tools for mission-critical industries like defence and government. These strategic moves reflect Vection’s commitment to driving XR adoption globally, providing innovative solutions for industrial and field operations. Managing Director Gianmarco Biagi emphasized that these initiatives position Vection as a leader in future-ready XR solutions, accelerating productivity and advancing industries into the spatial computing era.
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