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
Read More
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
Read More
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
Read More
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
Read More
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
Read More
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
Read More