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Vection Lands $2.6m AI Deal to Revolutionise Industrial Safety in Italy
9:35am on Monday 23rd of June, 2025 AEST
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Technology
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Vection Lands $2.6m AI Deal to Revolutionise Industrial Safety in Italy
9:35am on Monday 23rd of June, 2025 AEST
Key Points
Signed $2.6m agreement with Area12 Consulting for AI-driven safety platform
SAFE-XR integrates smart glasses with real-time voice AI and AR overlays
Second deal with Area12, expanding on prior $0.5m Algho license agreement
Includes perpetual AI license and three years of support and maintenance
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Vection Technologies (ASX:VR1)
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