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Vection Technologies Surges Past $3.5m Capital Raise on 92% Revenue Growth
6:14am on Monday 2nd of June, 2025 AEST
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Technology
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Vection Technologies Surges Past $3.5m Capital Raise on 92% Revenue Growth
6:14am on Monday 2nd of June, 2025 AEST
Key Points
Raised $3.55 million via upsized placement, surpassing $2 million target
Q3 FY25 cash receipts surged 92% year-on-year to $12.5 million
Recurring revenue climbed to ~40% of total sales from ~10% in FY24
Funds allocated to accelerate AI-driven spatial computing and market expansion
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Vection Technologies (ASX:VR1)
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