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Vection Technologies (ASX:VR1) launches upgraded virtual reality design tool

ASX News, Technology
ASX:VR1      MCAP $25.91M
01 July 2021 12:20 (AEST)

Source: Vection Technologies

Vection Technologies (VR1) shares are trading in the green after launching an upgrade to its virtual reality design application MinDesk.

The virtual reality company today announced its ‘Mindesk for Autodesk Revit’, which it claims offers a significant expansion to the depth of design platforms supported by Mindesk.

According to VR1, the technology combines extended reality, virtual reality and real-time rendering technologies.

In application, it allows one person to modify a computer-aided design (CAD) model in virtual reality mode, while another can intervene through a desktop.

Broadly, VR1 affirms the integration represents a significant commercial opportunity and strengthens its vertical industry positioning in architecture, engineering, construction and real estate.

Mindesk Suite 2022 is set to be launched later this year but advised cnew and existing subscribers will have immediate access to Mindesk Suite 2022 preview.

Vection Technologies Director Gabriele Sorrento said he had been looking forward to adding support to the product.

“Building information modelling (BIM) designers, their teams, and customers can now benefit from the advanced visualization and collaboration tools available in Mindesk,” he said.

Vection Technologies shares were up 5.45 per cent and trading at 5.8 cents at 12:13 pm AEST.

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