Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
SAGA Metals Highlights Radar Titanium Opportunity as North...
Is 2026 The Year The Cannabis Industry Matures?
Approval of up to €110m Portuguese State Grant
Q4 & 2025 Trading Update
Japan to Test Deep-Sea Rare Earth Mining in...
Providence Gold Mines Inc. La Dama de Oro...
Top 9 Global Lithium Stocks (Updated January 2026)
Top 5 Canadian Mining Stocks This Week: Gold...
Editor’s Picks: Experts Call for US$5,000 Gold, US$100+...
CORRECTION BY SOURCE: Nextech3D.ai on Krafty Labs Acquisition...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Investing

$5.6M Contract Awarded for US Department of Defense Project

by admin September 11, 2024
September 11, 2024
$5.6M Contract Awarded for US Department of Defense Project

xReality Group Limited (XRG) is pleased to announce it has been awarded a $5.6M AUD contract to deliver a new immersive training capability to the United States Department of Defence. The contract has been awarded to XRG by Acrolect Solutions LLC, DBA Endurance Group, who is serving as prime contractor to the US Department of Defence for the R&D effort.

The contract scope is to deliver a new immersive training capability and includes supplying Operator XR system licenses along with R&D services.The R&D project duration is 20 months commencing 11th September 2024.The contract presents opportunities for follow on work.

This project represents the first sale of Operator XR’s immersive training systems to a US Federal Government customer, and will be delivered across a period of 20 months starting 11th September 2024. The contract includes pathways for follow on work within the DoD and broader US Government agencies.

CEO of XRG, Wayne Jones said“the strategic importance of this project cannot be understated, representing Operator XR’s first major engagement with the US Department of Defence. Operator XR will be jointly developing a cutting edge capability that has the potential to expand into further global agencies as well as the many operational units within the US Defence Force.”

This ASX Release is authorised by the Board of xReality Group Limited.

Click here for the full ASX Release

This post appeared first on investingnews.com

previous post
Diamond Drilling Assays Return Best Results to Date from Link Zone with Intercepts to 55.8g/t Au
next post
JZR Gold Announces Closing Of Non-Brokered Private Placement Offering Of Convertible Debentures

You may also like

Pilbara Gold Exploration Update and Planned Activities –...

January 30, 2025

Can You Invest in Elon Musk’s Neuralink?

January 17, 2025

Oil Price and Inflation: What’s the Correlation?

May 15, 2025

Lahontan Acquires Strategic Claims South of The York...

August 20, 2025

Oil and Gas Price Update: Q2 2025 in...

June 24, 2025

Altech Batteries LtdCERENERGY at Hannover International Industrial Fair

April 4, 2025

Rare Earths Market Update: H1 2024 in Review

August 6, 2024

Blackstone Minerals – Investor Presentation – February 2025

February 6, 2025

Phase 1 Drill Program – Operational and Geological...

May 28, 2025

Ontario Backs Down on Key Bill 5 Provisions,...

May 31, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • SAGA Metals Highlights Radar Titanium Opportunity as North America Confronts Defense Driven Titanium Supply Chain Risks

      January 10, 2026
    • Is 2026 The Year The Cannabis Industry Matures?

      January 10, 2026
    • Approval of up to €110m Portuguese State Grant

      January 10, 2026
    • Q4 & 2025 Trading Update

      January 10, 2026
    • Japan to Test Deep-Sea Rare Earth Mining in Landmark Trials

      January 10, 2026
    Promotion Image

    banner ads

    Categories

    • Business (926)
    • Economy (839)
    • Investing (3,617)
    • Politics (747)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2026 smarttradeinsights.com | All Rights Reserved