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How to resolve AdBlock issue? Vection Technologies actually converts spatial computing ‘hype’ into profit via AR/XR
MANY augmented and extended reality (AR/XR) watchers sceptical of ‘the hype’ are watching the steady progress of ASX-listed innovator, Vection Technologies, in demonstrating that the promise of scalable spatial computing actually can be ‘real’ and profitable.
How that is being achieved will be explained in an investor webinar today (June 10) at 3pm AEST.
Vection Technologies has already announced it is expanding its services across Australia – focusing on sectors including real estate, infrastructure and mining – to bring its globally validated platform to local enterprises in need of practical, scalable spatial intelligence.
The webinar will focus on how Vection’s technology solutions are helping enterprises solve real-world business challenges through spatial computing.
Enterprises across sectors are rapidly evolving from isolated XR implementations to large-scale deployment, and Vection Technologies (ASX:VR1) is understood to be delivering real-world impact, return on investment (RoI), and value through enterprise-grade spatial computing. 
The company has emerged as one of the few ASX-listed players delivering true business value by integrating on-premises infrastructure and hardware such as AR and XR headsets with software such as computer vision, AI-powered analytics, and 3D mapping, to help enterprises visualise and solve complex operational challenges.
In FY2024, Vection recorded $43 million in revenue and a profitable adjusted EBITDA, driven by its vertically integrated ecosystem of on-premises AI, photorealistic XR, and custom hardware solutions.
Company reports show the momentum has continued into FY2025, with first-half revenue up 59.6% year-on-year to $17.4 million, and a 204% increase in recurring revenue, now comprising 34% of total revenue.
From enabling immersive local property walkthroughs for global investors to training field technicians on public infrastructure without disrupting services, Vection’s spatial computing solutions are solving problems at the intersection of the digital and physical worlds.
These tools are already powering $100 million-plus in simulation, optimisation, and training deployments across sectors such as real estate, healthcare, mining, and defence.
While headquartered in Europe, Vection is accelerating its Australian market expansion – with a strategic focus on sectors such as real estate, infrastructure, and mining – to bring its globally validated platform to local enterprises in need of practical, scalable spatial intelligence.
Core Vection technologies differentiators include:
- Full data sovereignty: On-premises AI ensures clients retain full control of sensitive data, meeting the compliance demands of sectors such as healthcare, defence, and public transport.
- Recurring, scalable deployments: A growing base of repeat enterprise customers is driving profitability and defensibility.
- Proven demand: As of the first half of FY2025, Vection holds $31.6 million in committed contract value and continues to expand across Europe, the Middle East, and Asia-Pacific.
Register for the June 10, 3pm Vection Technologies webinar here.
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