InvestSMART

RemSense Technologies Limited (ASX:REM)

ALERT: Price-sensitive ASX Announcement for REM
Current share price for REM : $0.025 0.002 (8.70%)+
Announcement
Release
31 Jul 2026 2:18PM
Price at Release
$0.023
Full Release
download
Summary
RemSense Technologies Limited reported significant growth in Q4 FY2026, with a 99% increase in customer cash receipts and successful capital raising efforts. The company completed digital visualization projects for major industry players and formed a strategic partnership with Ningaloo Energy. Expanding its market presence, RemSense engaged in various projects, including drone-based water sampling and a potential pilot with a leading facilities management firm. Preparations for ISO 27001 certification and BARS recertification were also highlighted.
Key Points
  • RemSense Technologies Limited reported a 99% increase in customer cash receipts for Q4 FY2026 compared to Q4 FY2025.
  • The company successfully completed a $1.21 million capital raising to enhance technological capabilities.
  • RemSense completed multiple inspection and digital visualization projects for Tier-1 customers across various sectors.
  • A strategic partnership with Ningaloo Energy was formed to integrate virtualplant into energy and infrastructure workflows.
  • The commercial pipeline was expanded, targeting energy, resources, and emerging sectors.
  • Drone-based water sampling projects were completed for major companies in remote locations.
  • A pilot project with a global facilities management provider could lead to broader deployment in Australia.
  • Preparation for ISO 27001 certification and BARS Silver recertification was undertaken.
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.