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Latest Articles
Veris leads consortium to become Digital Twin Victoria Innovation Partner, eyes more States
Spatial data services provider Veris (ASX: VRS) has successfully led a consortium to be appointed as a Digital Twin Victoria (DTV) Innovation Partner for the next three years. The 10-member consortium bested some top-tier global consulting firms to gain the top spot in a highly competitive field. Digital Twin Victoria (DTV) is a Victorian government-funded
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Veris points to $55 million worth of secured opportunities for FY24
Spatial data service provider Veris (ASX: VRS) spent a large part of FY23 investing in its growth. It spent on new technologies and developed a suite of innovative solutions and services. Plus, it focused on key national clients as part of its Key Account Management program, resulting in a rise in Veris’ growth. Its initiatives
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Veris sells mining infrastructure company Aqura Technologies to Telstra
Cashing in on a business they have been incubating since 2016, microcap surveying company Veris (ASX: VRS) has reeled in a big fish via their sale of telecommunications subsidiary Aqura Technology to telco powerhouse Telstra (ASX: TLS) for $30 million. The $30m sale represents approximately 98% of Veris’ market capitalisation prior to the announcement. Since
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Veris links up with John Holland to capitalise on $110 billion infrastructure pipeline
Australia is growing at a rate faster than developers can handle which is why the big guys are now increasing their resources via partnerships with the little guys, as Veris Australia (ASX: VRS) becomes the latest to be engaged by infrastructure giant John Holland Group. The 18-month Framework Agreement sees John Holland committing to building
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Veris wins contract to supply telcomms and 5G to Iron Bridge
Australia’s most significant resources project is set to be hooked up to 5G with Veris (ASX: VRS) winning the $2 million contract to design a tech solution that will connect Fortescue’s enormous magnetite project to the rest of the world. The contract was awarded to wholly owned Veris subsidiary, Aqura Technologies which is carving out
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Veris wins surveying contract for Stockland’s newest residential community
Surveying company Veris (ASX: VRS) has strengthened its relationship with property developer Stockland (ASX: SGP) having been awarded a survey and design contract for their newest planned residential community – Katalia Estate. Katalia Estate is expected to take 10 years to complete all 1500 lots, with Veris to provide surveying and planning services for the
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