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SRJ Technologies Group plc (ASX:SRJ)

ALERT: Price-sensitive ASX Announcement for SRJ
Current share price for SRJ : $0.010 -0.001 (-9.09%)+
Announcement
Release
29 Jun 2026 8:22AM
Price at Release
$0.011
Full Release
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Summary
SRJ Technologies Group plc announced the signing of a Memorandum of Understanding (MoU) with Nexxis Technology Pty Ltd, an Australian robotics OEM and asset integrity specialist. The MoU aims to establish a strategic collaboration between SRJ's remote inspection and emissions monitoring business, Air Control Entech Limited (ACE), and Nexxis. This partnership is intended to leverage the advanced robotic platforms and 3D-SLAM technology from Nexxis and combine them with ACE's inspection expertise and data analytics capability. The collaboration's goal is to provide enhanced technology-enabled inspection and asset integrity solutions for the energy sector. The MoU outlines a phased approach for technology access and the exploration of a capital-efficient leaseback model for ACE to access Nexxis’ robotic platforms. This agreement is seen as a significant step for SRJ in offering differentiated services that improve safety, reduce costs, and minimize downtime for the energy sector.
Key Points
  • SRJ and Nexxis sign MoU to explore strategic robotics collaboration.
  • ACE to access Nexxis's 3D-SLAM and robotic platforms.
  • The collaboration aims to enhance inspection and asset integrity solutions.
  • Phased approach for technology access and commercial development.
  • Exploration of a capital-efficient leaseback model for robotic access.
  • Partnership aligns with strategies to improve safety and reduce costs in energy sector.
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.