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The latest update is out from RemSense Technologies Ltd. ( (AU:REM) ).
RemSense Technologies Limited has secured a contract with ExxonMobil to deliver a virtualplant digital visualisation solution for the Barracouta offshore platform in the Bass Strait. This project, valued at A$85,450, involves creating a digital twin using advanced technologies like LiDAR and photogrammetry, hosted on RemSense’s platform for virtual inspections and maintenance. The collaboration underscores RemSense’s growing influence in the oil and gas sector, enhancing its reputation as a trusted technology partner and showcasing the scalability of its virtualplant platform for improving asset integrity and operational efficiency.
More about RemSense Technologies Ltd.
RemSense Technologies Limited is a pioneer in advanced digital asset visualisation, offering solutions to global energy and resources clients. Its proprietary virtualplant platform transforms high-resolution 3D imagery into intelligent visual twins, providing an immersive environment for asset management. The platform combines precision photogrammetry with data integration to optimize productivity, enhance safety, and reduce operational costs.
Average Trading Volume: 447,037
Technical Sentiment Signal: Hold
Current Market Cap: A$7.49M
For detailed information about REM stock, go to TipRanks’ Stock Analysis page.