Vection Technologies Ltd.
AASX:VR10.02
AUD
0.00
(0.00%)
ISIN
AU0000067522
Return %
Stock
S&P 500
1Y
-65.22
14.20
3Y
-57.89
81.12
5Y
-82.61
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Gianmarco Biagi
- Full Time Employees
- 100
- Sector
- Technology services
- Industry
- Packaged software
- Address
- 20 Bond Street Osborne Park NSW Australia 2000
- IPO Date
- Mar 17, 2017
- Website
- vection-technologies.com
- Similar Companies
- Business
- Vection Technologies Limited is a software company specializing in real-time digital transformation solutions primarily for industrial applications. Its core products include Mindesk, a virtual reality design review and real-time rendering tool for CAD and BIM applications; EnWorks, an augmented reality-powered solution supporting training, manufacturing, and maintenance processes; 3DFrame, a no-code enterprise metaverse application for immersive product presentations; Configurator, a software managing product variations for e-commerce from web to mobile platforms; XRKiosk, which enhances in-store customer experiences through 3D and augmented reality; Algho, a no-code conversational artificial intelligence platform; Shelfzone, a SaaS solution for product showcase; and MYR, a software for the digitalization, prototyping, and industrialization of denim products. Additionally, the company offers 3D modeling and rendering services, XR customizations, metaverse and Web 3.0 solutions, and infrastructure such as kiosks for point of sale, biometrics, augmented reality, and virtual reality applications. Vection serves diverse industries including healthcare, real estate, architecture, fashion, education, defense, manufacturing, transportation, sports, and the public sector. Founded in 2017 and headquartered in Perth, Australia, Vection Technologies operates globally with key presences in Italy, the United Arab Emirates, the United States, Hong Kong, and Singapore. It focuses on delivering integrated digital solutions combining spatial computing, artificial intelligence (AI), and extended reality (XR) technologies. Recent major developments include the strategic acquisitions of The Digital Box S.p.A., an Italian generative AI and digital strategies company, aimed at enhancing Vection’s AI capabilities and expanding its technological portfolio; Digital Experience Labs Pty Ltd, adding approximately AUD 4.2 million in revenue and strengthening its automation and integration platform offerings; and Monogic Limited, a Hong Kong and Singapore-based digital marketing and brand experience agency that contributes cross-selling opportunities and expertise in content and brand storytelling. These acquisitions reflect Vection’s strategic emphasis on AI and digital transformation to accelerate growth, particularly in the Asia-Pacific region. The company also completed a private placement of shares to finance these expansions and issued stock options to strengthen market positioning. Vection Technologies continues to drive innovation and leadership in spatial computing and AI-powered industrial digital transformation solutions.