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VECTION TECHNOLOGIES LTD

0.014

-0.001-6.67%

Volume:15.00M

Turnover:209.78K

Market Cap:21.43M

PE:-3.66

High:0.015

Open:0.014

Low:0.013

Close:0.015

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Overview Company News Filings

Corrected-ASX Alert-a$1.8M Defence Contract Award-Vr1.ax (Corrects Currency to a$)

THOMSON REUTERS

BRIEF-Vection Technologies Says A$1.8M Defence Contract Awarded

ASX Alert-$1.8M Defence Contract Award-Vr1.ax

THOMSON REUTERS

ASX Biggest Gainers

MT Newswires Live

BRIEF-Vection Technologies Signs A 3-Year, A$1.6 Million Distribution Agreement With Solidworld

ASX Small-Cap Stocks to Watch

MT Newswires Live

Vection Technologies Ltd - Signed a 3-Year, a$1.6 Mln Distribution Agreement With Solidworld

THOMSON REUTERS

BRIEF-Solid World Signs Strategic Partnership With Australia's Vection Technologies

Solid World - Signs Strategic Partnership With Australia's Vection Technologies

THOMSON REUTERS

Solid World - Partnership to Last Three Years, Aims to Integrate a.i. and Xr Technology in Italian Industrial Companies

THOMSON REUTERS

‘Digital human’ player Vection drops -3.5% as AI-based US hospital trial kicks off

The Market Herald

ASX Market Close: Index claws back losses to close flat | December 9, 2024

The Market Herald

BUZZ-Australia's Vection Technologies rises after new contracts with Nestlé, Natuzzi

BRIEF-Vection Technologies Announces New Contracts With Nestle And Natuzzi

Vection Technologies Ltd-New Contracts With Nestle and Natuzzi

THOMSON REUTERS

Vection Technologies Secures AU$500,000 Contract; Shares Up 5%

MT Newswires Live

Vection Technologies Ltd-$0.5M Defence Contract Award

THOMSON REUTERS

Vection Technologies' Takeover Target Secures AU$1.6 Million AI Software License Contract; Shares Jump 24%

MT Newswires Live

BRIEF-Vection Technologies Gets A$1.6M AI Software Licences Contract Award

Vection Technologies showcases TDB acquisition synergy with $1.6m Brexia Med AI contract

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Vection Technologies VR1.AX:ASX ALERT-A$1.8M DEFENCE CONTRACT AWARD-VR1.AXFurther company coverage: VR1.AX ((Reuters.Briefs@thomsonreuters.com;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250105:nL8N3O10A1:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7016","VR1.AU"],"gpt_icon":0},{"id":"2501440744","title":"ASX Alert-$1.8M Defence Contract Award-Vr1.ax","url":"https://stock-news.laohu8.com/highlight/detail?id=2501440744","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501440744?lang=en_us&edition=fundamental","pubTime":"2025-01-06 05:29","pubTimestamp":1736112588,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250105:nFWN3NZ0MX:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["VR1.AU","BK7016"],"gpt_icon":0},{"id":"2494884164","title":"ASX Biggest Gainers","url":"https://stock-news.laohu8.com/highlight/detail?id=2494884164","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2494884164?lang=en_us&edition=fundamental","pubTime":"2024-12-27 10:41","pubTimestamp":1735267316,"startTime":"0","endTime":"0","summary":"Here are the 10 ASX-listed companies with the biggest gains on Friday:First Au : +100%, AU$0.0020Green Critical Minerals : +50%, AU$0.0120Thrive Tribe Technologies : +50%, AU$0.0015Reach Resources : +33.%, AU$0.0080AXP Energy : +33%, AU$0.0020MTM Critical Metals : +28%, AU$0.23Jatcorp : +30%, AU$0.4750Tivan : +28%, AU$0.1150Emu NL : +27%, AU$0.0305Vection Technologies : +27%, AU$0.0330","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["AXP.AU","EMU.AU","FAU.AU","VR1.AU","1TT.AU","GCM.AU","BK7016","BK7104","MTM.AU","TVN.AU","RR1.AU","JAT.AU","BK7506","BK7142","BK7509","BK7086","BK7095","BK7505"],"gpt_icon":1},{"id":"2492343703","title":"BRIEF-Vection Technologies Signs A 3-Year, A$1.6 Million Distribution Agreement With Solidworld","url":"https://stock-news.laohu8.com/highlight/detail?id=2492343703","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492343703?lang=en_us&edition=fundamental","pubTime":"2024-12-20 09:27","pubTimestamp":1734658071,"startTime":"0","endTime":"0","summary":"Dec 20 (Reuters) - Vection Technologies Ltd   :   * SIGNED A 3-YEAR, A$1.6 MILLION DISTRIBUTION AGREEMENT WITH SOLIDWORLD Further company coverage:    ((Reuters.Briefs@thomsonreuters.com))","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["VR1.AU","BK7016"],"gpt_icon":0},{"id":"2492285436","title":"ASX Small-Cap Stocks to Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=2492285436","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492285436?lang=en_us&edition=fundamental","pubTime":"2024-12-20 07:46","pubTimestamp":1734651998,"startTime":"0","endTime":"0","summary":"Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.Triton Minerals (ASX:TON)Triton Minerals received clearance from the Foreign Investme","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK7016","BK7104","BK7095","LAT.AU","TON.AU","XAO.AU","XJO.AU","BK7067","VR1.AU","RAD.AU","BK7072","BK7509","XKO.AU","PV1.AU"],"gpt_icon":0},{"id":"2492846614","title":"Vection Technologies Ltd -  Signed a 3-Year, a$1.6 Mln Distribution Agreement With Solidworld","url":"https://stock-news.laohu8.com/highlight/detail?id=2492846614","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492846614?lang=en_us&edition=fundamental","pubTime":"2024-12-20 05:26","pubTimestamp":1734643582,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241219:nFWN3NK0J6:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["VR1.AU","BK7016"],"gpt_icon":0},{"id":"2492144821","title":"BRIEF-Solid World Signs Strategic Partnership With Australia's Vection Technologies","url":"https://stock-news.laohu8.com/highlight/detail?id=2492144821","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492144821?lang=en_us&edition=fundamental","pubTime":"2024-12-19 14:57","pubTimestamp":1734591445,"startTime":"0","endTime":"0","summary":"Dec 19  - Solid World Group SpA   :   * SIGNS STRATEGIC PARTNERSHIP WITH AUSTRALIA'S VECTION TECHNOLOGIES   * PARTNERSHIP TO LAST THREE YEARS, AIMS TO INTEGRATE A.I. AND XR TECHNOLOGY IN ITALIAN INDUSTRIAL COMPANIESFurther company coverage:    ","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7016","XKO.AU","XAO.AU","VR1.AU","XJO.AU"],"gpt_icon":0},{"id":"2492611451","title":"Solid World - Signs Strategic Partnership With Australia's Vection Technologies","url":"https://stock-news.laohu8.com/highlight/detail?id=2492611451","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492611451?lang=en_us&edition=fundamental","pubTime":"2024-12-19 14:54","pubTimestamp":1734591256,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241219:nFWN3NJ11F:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["VR1.AU","BK7016"],"gpt_icon":0},{"id":"2492114990","title":"Solid World - Partnership to Last Three Years, Aims to Integrate a.i. and Xr Technology in Italian Industrial Companies","url":"https://stock-news.laohu8.com/highlight/detail?id=2492114990","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492114990?lang=en_us&edition=fundamental","pubTime":"2024-12-19 14:54","pubTimestamp":1734591256,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241219:nFWN3NJ11F:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["VR1.AU","BK7016"],"gpt_icon":0},{"id":"2492060805","title":"‘Digital human’ player Vection drops -3.5% as AI-based US hospital trial kicks off","url":"https://stock-news.laohu8.com/highlight/detail?id=2492060805","media":"The Market Herald","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492060805?lang=en_us&edition=fundamental","pubTime":"2024-12-17 10:47","pubTimestamp":1734403620,"startTime":"0","endTime":"0","summary":"Vection Technologies  has seen its shares drop -3.45% in early lunchtime trades despite launching a Massachusetts General Hospital-based AI trial.That AI product relates to the ‘Digital Box’ suite Vection picked up in late August via its acquisition of privately held Algho AI . The key offering of the Digital Box product is ‘digital humans’ – in other words, realistic AI-powered chatbots that coincide with a generated representation of a human speaker who doesn’t actually exist.In short, Digital Box is a sales conversion tool, though it could also help large hospitals handle high-volume numbers of patients by saving human staff from first-appearance interactions.It was enough to interest Massachusetts General Hospital in Boston, which Vection described as one of America’s best. The Digital Box is now part of a “full-scale trial” with a pilot contract “enhanced by a per-conversation pricing model.”The material provided in this article is for information only and should not be treated as","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://themarketonline.com.au/digital-human-player-vection-drops-3-5-as-ai-based-us-hospital-trial-kicks-off-2024-12-17/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"markerherald_stock","symbols":["VR1.AU","BK7016"],"gpt_icon":0},{"id":"2490004718","title":"ASX Market Close: Index claws back losses to close flat | December 9, 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2490004718","media":"The Market Herald","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490004718?lang=en_us&edition=fundamental","pubTime":"2024-12-09 13:50","pubTimestamp":1733723400,"startTime":"0","endTime":"0","summary":"The ASX200 closed down 0.03% at 8,423 points.Gold rose after China’s central bank added bullion to its reserves in November, resuming a key pillar of support for the precious metal. Bullion climbed by 0.5% to US$2,640.Energy was the worst performing sector, down 1%, followed by Materials and Information Technology, both down 0.4%. Discretionary finished the best performer, up 0.65%, followed by Telecommunication, up 0.36%, and Health Care, up 0.3%.Southern Cross Goldclosed up 6.77% on news of a discovery at the Apollo prospect within its 100%-owned Sunday Creek Gold-Antimony Project in Victoria. The exceptional results confirm the potential for Sunday Creek to rank among the world’s leading gold-antimony discoveries.Vection Technologies  closed up 15.00% after inking new contracts worth $500,000 with global brands Natuzzi and Nestlé. The agreements underscore Vection’s evolving role in enhancing business operations through its AI and XR ecosystem.Actinogen Medical  kicked off its Phase","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://themarketonline.com.au/asx-market-close-index-claws-back-losses-to-close-flat-december-9-2024-2024-12-09/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"markerherald_stock","symbols":["BK7508","WDS.AU","SGA.AU","BK7104","SXG.AU","VR1.AU","ACW.AU","360.AU","BK7095","BK7016","BK7067","BK7142"],"gpt_icon":0},{"id":"2490879324","title":"BUZZ-Australia's Vection Technologies rises after new contracts with Nestlé, Natuzzi","url":"https://stock-news.laohu8.com/highlight/detail?id=2490879324","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490879324?lang=en_us&edition=fundamental","pubTime":"2024-12-09 10:41","pubTimestamp":1733712069,"startTime":"0","endTime":"0","summary":"** Shares of Vection Technologies    rise as much as 25% to A$0.025, their highest levels since Dec 2   ** Stock logs its best trading session since mid-November   ** Co announces new contracts with luxury furniture brand Natuzzi    and Nestlé   , collectively valued at A$0.5 mln    ** Says partnership positions co's AI and XR  ecosystem as a transformative tool in luxury furniture and real estate markets   ** Says Nestlé renewed its two-year Shelfzone license, which required the co to create custom 3D content integrations, among others   ** Shelfzone is Vection's retail space simulation platform   ** Stock has fallen 4.8% YTD, as of last close     ","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["VR1.AU","BK7016","BK4095","NTZ","XKO.AU","XAO.AU","XJO.AU"],"gpt_icon":0},{"id":"2490764609","title":"BRIEF-Vection Technologies Announces New Contracts With Nestle And Natuzzi","url":"https://stock-news.laohu8.com/highlight/detail?id=2490764609","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490764609?lang=en_us&edition=fundamental","pubTime":"2024-12-09 09:09","pubTimestamp":1733706587,"startTime":"0","endTime":"0","summary":"BRIEF-Vection Technologies Announces New Contracts With Nestle And NatuzziDec 9 (Reuters) - Vection Technologies Ltd VR1.AX:NEW CONTRACTS WITH NESTLE AND NATUZZIANNOUNCES NEW CONTRACTS VALUED AT A$0.5 MILLIONFurther company coverage: VR1.AX ((Reuters.Briefs@thomsonreuters.com;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241209:nTUEB5J1TS:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["VR1.AU","BK7016"],"gpt_icon":0},{"id":"2490768522","title":"Vection Technologies Ltd-New Contracts With Nestle and Natuzzi","url":"https://stock-news.laohu8.com/highlight/detail?id=2490768522","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490768522?lang=en_us&edition=fundamental","pubTime":"2024-12-09 06:35","pubTimestamp":1733697316,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241208:nTUEB5J1TS:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["VR1.AU","BK7016"],"gpt_icon":0},{"id":"2488185103","title":"Vection Technologies Secures AU$500,000 Contract; Shares Up 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=2488185103","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488185103?lang=en_us&edition=fundamental","pubTime":"2024-12-04 10:32","pubTimestamp":1733279556,"startTime":"0","endTime":"0","summary":"Vection Technologies  secured a AU$500,000 cybersecurity-focused information and communications technology endpoints contract in the defense sector with a long-term client, according to a Wednesday filing with the Australian bourse.The contract, expected to be recognized in the fiscal second quarter ending December, supports national security intelligence for law enforcement and government agencies, the filing said.The contract is set to be delivered within the fiscal year, according to the filing.Shares rose 5% in afternoon trade Wednesday.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK7016","VR1.AU"],"gpt_icon":0},{"id":"2488097054","title":"Vection Technologies Ltd-$0.5M Defence Contract Award","url":"https://stock-news.laohu8.com/highlight/detail?id=2488097054","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488097054?lang=en_us&edition=fundamental","pubTime":"2024-12-04 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11:04","pubTimestamp":1730430297,"startTime":"0","endTime":"0","summary":"Vection Technologies  said takeover target The Digital Box secured a AU$1.6 million artificial intelligence software license contract for the Brexia Med healthcare project.The three-year contract includes an extension option for an additional two years, which can potentially raise its total value by AU$1 million, according to a Friday filing with the Australian bourse.Vection Technologies' acquisition of The Digital Box is slated for settlement in the fiscal second quarter of 2025.Shares of Vection Technologies jumped 24% in recent trade.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["VR1.AU","BK7016"],"gpt_icon":0},{"id":"2480013776","title":"BRIEF-Vection Technologies Gets A$1.6M AI Software Licences Contract Award","url":"https://stock-news.laohu8.com/highlight/detail?id=2480013776","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480013776?lang=en_us&edition=fundamental","pubTime":"2024-11-01 08:54","pubTimestamp":1730422474,"startTime":"0","endTime":"0","summary":"Nov 1 (Reuters) - Vection Technologies Ltd   :   * AWARDED A$1.6M ARTIFICIAL INTELLIGENCE SOFTWARE LICENCES CONTRACT FOR BREXIA MED HEALTHCARE PROJECTSource text:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK7016","VR1.AU"],"gpt_icon":0},{"id":"2480534015","title":"Vection Technologies showcases TDB acquisition synergy with $1.6m Brexia Med AI contract","url":"https://stock-news.laohu8.com/highlight/detail?id=2480534015","media":"Small Caps","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480534015?lang=en_us&edition=fundamental","pubTime":"2024-11-01 08:45","pubTimestamp":1730421931,"startTime":"0","endTime":"0","summary":"Vection Technologies  has secured a $1.6 million artificial intelligence  software licence contract for the Brexia Med healthcare project using technology developed by proposed takeover target The Digital Box .TDB develops and markets 3D and AI platforms based on advanced natural language processing technology that enables voice interaction with data, services and information systems.Brexia Med intends to deploy TDB’s Algho AI software as part of an innovative “hub & spoke” healthcare model.Vection revealed in August that it was proposing to acquire TDB in a deal with an initial enterprise value of around $12 million, with up to 55 million Vection shares to be issued if TDB achieves sales, EBITDA objectives and balance sheet valuation targets one year post-acquisition.Vection managing director Gianmarco Biagi said the new sale – secured through TDB’s partner Nexylab – aligns with Vection’s plan to integrate the TDB team and technology into its global business.The platform leverages 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