It appears the newly appointed IR specialists at Edison Group...

It appears the newly appointed IR specialists at Edison Group are already earning their money.  The following interview uploaded today is well worth a listen for anyone thinking of entering or anyone having second thoughts about the opportunity Vection offers in this space.   

There are numerous points of interest, such as existing use cases (although not named) hinting at Trenitalia, Armani & Fincantieri, info on the thought process of future potential acquisition targets (not start-ups, established & only who bring will expertise & client base), and a reminder from GO that VR1 & its Integrated XR platform are on the cusp of the perfect storm of what he believes to be one of the biggest revolution of our time.

He explained that the benefit we offer via our Integrated XR tech allows our clients to bring a new level of interaction & visualisation by way of integrating an XR Layer with their existing software & systems.  We can use clients existing data & bring it to life in new & engaging ways at all phases of the production lifecycle from design & engineering, manufacture, training, sales, after-sales & marketing.

He backed up his confidence with some external research on the XR industry in general which shows how early we are to the party & how much room for growth there is if they get this right.  He said...

• Its expected 30% of organizations will have products & services ready for the Metaverse by 2026

• Of Total Tech Spend worldwide, its estimated 57% will be spent on digital transformation by 2024

• XR Market specifically estimated to grow from $26B in 2020 to $460B by 2026

Most informative interview yet & a great step in the right direction.  I would certainly be especially pleased if we were to see 15x growth over the next 5 years.  We can only dream, but what we cant argue is that we are in the right space and getting established early ready for when the rest of the world is.  Remember, at 0.10, currently just over $110M m/cap.  Plenty of potential from here imo.  Like we keep saying... just needs time.  Best of luck holders