RemSense Technologies Limited (ASX: $REM) has secured a significant contract worth $534,195.33 from AGC Industries Pty Ltd on behalf of Chevron Australia. The contract involves undertaking virtualplant high-resolution photogrammetry scanning and image processing of Chevron's Wheatstone LNG Train 2. The work is scheduled to commence in mid-July 2024 and be completed by the end of September 2024.
The award of this contract is a testament to RemSense's growth strategy, which emphasizes a strong focus on sales and leveraging loyal client relationships.
RemSense Technologies Limited (ASX: $REM) has secured a significant contract to undertake virtualplant high-resolution photogrammetry scanning and image processing for Chevron's Wheatstone LNG Train 2. The contract, valued at $534,195.33, reflects the company's growth strategy and emphasis on sales and client relationships. The work is scheduled to commence in mid-July 2024 and be completed by the end of September 2024. RemSense's virtualplant platform aims to deliver greater productivity, increased safety, and reduced costs through digital representations of plant assets.
$534k contract isn’t bad, but is it enough to move the needle? Need to see if they can land bigger projects.Â
Nice win for RemSense. This LNG contract should boost their profile. Will be interesting to see if they can leverage this into more deals.Â