Vection Technologies (ASX: VR1) is an Australian-listed company in the Technology sector with a market capitalisation of $31.0M and the 1140th-largest security on the ASX by market capitalisation. The VR1 share price is $0.02, up 11.11% today and down 45.95% over the past 12 months. Shares have traded between $0.018 and $0.08 over the past 52 weeks. In its most recent reported period (ending 31 Dec 2025), Vection Technologies reported revenue of $16.2M and a net loss of $8.9M.
About Vection Technologies Limited
Vection Technologies Limited, an Australian enterprise established in Osborne Park in 2016, specializes in enabling businesses to seamlessly integrate their physical and digital operations. The company provides a range of advanced technological solutions through its IT Development and Outsourced Services divisions. Its key offerings include Mindesk, a virtual reality platform for CAD and BIM design review that incorporates real-time rendering capabilities powered by the Unreal Engine; EnWorks, an augmented reality tool offering visual assistance to enhance training, manufacturing, and maintenance processes; and 3DFrame, a no-code enterprise metaverse application designed for captivating product presentations. Additionally, Vection offers configuration tools to manage diverse product variations for e-commerce platforms across web and mobile, along with XRKiosk, which revolutionizes the in-store customer journey using 3D and augmented reality. The company's innovative applications serve a broad spectrum of industries, including automotive, naval, furniture, fashion, and education, addressing needs such as design evaluation, interactive training, virtual presentations, immersive retail experiences, and 3D e-commerce. Previously known as ServTech Global Holdings Limited, the company rebranded to Vection Technologies Limited in November 2019.
