Vection Technologies announces significant acceleration of operational & technological partnership performance

SYDNEY, AUSTRALIA: Following the official European launch of its proprietary VR platform, FrameS, Vection Technologies has seen a significant acceleration of inbound enquiries for its suite of 3D, VR & AR technology applications and platforms.

Vection Technologies, a multinational software company that creates 3D, Virtual Reality (VR) and Augmented Reality (AR) solutions, announced a significant acceleration of its operational and technological partnership performance leading into the first half of the calendar year 2020.

The launch of FrameS has established a strong growth trajectory with EOIs of over $1 million across Vection’s commercialised 3D, VR and AR product suite.

The Company is confident it will continue to drive strong customer adoption and revenue growth across its product suite and divisions over the coming months.

Vection is also in final negotiation stages with key Tier1 global technological partners to introduce Vection’s technology suite within their existing product offering.

These include revolutionary 3D, VR & AR technology players for potential collaborations. These partnerships are expected to generate materially significant revenue uplift during the calendar year 2020.

Gianmarco Biagi, Managing Director of Vection, commented:“The rapid interest generated by the FrameS launch, is a strong endorsement of the validity of our technological suite across key sectors. It demonstrates the Company’s commitment to deliver on its growth strategy focused on revenue generation growth and key technological partnerships across the 3D, VR & AR technology sector. Vection remains completely committed to deliver on its goal to become a leading 3D, VR & AR global technology company.”

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