Latest Digital Twins News

RemSense Technologies has secured major contracts with Shell, Chevron, and ExxonMobil while advancing its digital twin platform and recurring revenue base, setting the stage for growth despite near-term cash flow pressures.

RemSense Technologies has landed a key contract with ExxonMobil to create a high-resolution digital twin of the Barracouta offshore platform, marking a significant step in its growth within Australia’s oil and gas sector.

RemSense Technologies has extended its partnership with Chevron through a new US$770,156 contract, reinforcing its leadership in digital asset visualization for global energy giants.

BCI Minerals reports significant progress at its Mardie Salt Operation and Potash Project with near-complete pond inundation and major construction milestones achieved in the September 2025 quarter.

RemSense Technologies has landed a pilot project with the Australian Gas Infrastructure Group to deploy its cutting-edge virtualplant platform, marking a key step into Australia’s gas transmission sector.

RemSense Technologies has landed its inaugural contract with Shell Energy to deploy its virtualplant platform for offshore facility commissioning, marking a pivotal step in its global expansion.

Carnegie Clean Energy has secured a pivotal role in a €4 million European Commission-funded project aimed at advancing wave energy technology and reducing costs. The initiative leverages Carnegie’s CETO platform to pioneer innovations that could reshape the future of ocean energy farms.

Vection Technologies reports its first positive underlying EBITDA alongside a 22% pro-forma revenue increase, driven by major defence contracts and AI integration. The company’s strategic acquisition and sector diversification set the stage for sustainable growth in FY26.

RemSense Technologies posted a 107% revenue surge to $3.44 million in FY2025 alongside a 67% reduction in net loss, driven by operational efficiencies and strong client demand. The company achieved positive cash EBITDA and strengthened its global footprint with Tier 1 clients.

Verbrec Limited reports its strongest gross margins since 2015 and a return to profitability, alongside a net cash position and a reinstated dividend, signaling renewed confidence amid easing macroeconomic pressures.

Pointerra Limited reported a strong FY25 with revenue up 45% to A$11 million and a significant reduction in net loss by 68%, driven by scalable SaaS growth and key US contract wins.

Lycopodium Limited delivered robust FY25 financial results, hitting the top end of guidance with $339.6 million revenue and $42.2 million net profit. The company’s strategic SAXUM acquisition broadens its footprint in the Americas, positioning it well for growth in critical minerals and clean energy sectors.