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RemSense Technologies Limited (ASX:REM)

ALERT: Price-sensitive ASX Announcement for REM
Current share price for REM : $0.030 -0.009 (-23.08%)+
Announcement
Release
22 Dec 2025 8:24AM
Price at Release
$0.039
Full Release
download
Summary
RemSense Technologies Limited has secured an expanded project award with ExxonMobil, following its initial engagement, underscoring its role as a preferred partner for digital transformation with ExxonMobil. This project, valued at A$94,760 and scheduled for completion by January 2026, involves delivering high-resolution imagery and creating a virtualplant visual twin for ExxonMobil's Bass Strait facility in collaboration with Applus+. The award validates RemSense’s global growth strategy, demonstrating the scalability of its virtualplant platform and its ability to enhance asset management, operational efficiency, and safety for ExxonMobil across its complex operations.
Key Points
  • RemSense secured a second project award with ExxonMobil.
  • The project underscores ExxonMobil’s confidence in RemSense’s digital solutions.
  • The contract is valued at A$94,760 and scheduled for completion by January 2026.
  • RemSense will deliver ultra-high resolution imagery and virtualplant services.
  • This strengthens RemSense’s role as a technology partner in the energy sector.
  • ExxonMobil's decision to expand reflects its commitment to operational efficiency.
  • The new award is a key milestone in RemSense’s strategy for high-value engagements.
  • The project involves collaboration with Applus+ to enhance digital asset visualisation.
  • virtualplant platform provides detailed cloud-based facility representation.
  • There are no unusual terms or conditions attached to the contract.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.