Vection Technologies stories
Vection lands AUD $4m in new Algho AI contracts across Italy, expanding deployments in rail, healthcare, utilities and hospitality.
Vection Technologies secures AUD $4 million deal with Omniacom Group to deploy AI-powered XR tech across Italian enterprise sectors over three years.
The pact gives Vection a route into enterprise customers across Italy and Europe, with Retelit set to generate at least €12 million by 2030.
Western Europe customers could gain broader access to AI, workflow and XR tools after Vection and Xerox struck a non-exclusive five-year deal.
The shift to enterprise AI has lifted Vection to its first full-year operating cash flow and a stronger pipeline worth more than AUD $10.6 million.
The certification opens Retelit's enterprise and public sector client base to Vection's Algho platform after live testing at an Italian data centre.
Investor attention is shifting to Vection Technologies as it bets on AI, XR and acquisitions to win contracts across defence, healthcare and real estate.
The deal is set to add immediate revenue and earnings, while keeping all DXLabs staff in place to support Vection’s Australian expansion.
Vection wins Dell and Intel award for Algho Sign Language AI, a real-time Italian sign translation system using a 3D digital human avatar.
Vection Technologies wins EUR €22.3 million deal with a NATO-approved partner to supply advanced defence tech through to 2030, its biggest contract yet.