High-resolution 3D asset visualisation platform developer RemSense Technologies (ASX:REM) has been awarded another substantial order from Chevron.
Chairman, Ross Taylor, said the contract will feature the company’s leading-edge capabilities in high-resolution photogrammetry scanning and advanced image processing via our virtualplant platform.
“The company is delivering innovative, AI-driven photogrammetry solutions to meet the dynamic needs of global industry leaders,”he said.
The contract, valued at $412,532, is scheduled for completion by the end of December 2024. This latest order brings our total contracts announced since 1 June 2024 to $2,400,106, significantly reinforcing our cashflow and solidifying the company’s growth trajectory.
“RemSense is actively engaged with Chevron and other major global energy and commodity producers to support their future virtualplant needs. We will keep the market informed of any additional substantial contracts secured.
"Our latest contract with Chevron reflects both the trust and recognition we've built with industry leaders for our cutting-edge technology,” Mr Taylor said.
“This order not only underscores our technical capabilities but also strengthens our cashflow, positioning us for continued growth and future opportunities.
“We’re excited about our momentum and look forward to deepening our partnerships across the energy and commodities sectors as we expand our innovative solutions.”
