Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Charbone Hydrogene annonce les resultats financiers T1 2025
Charbone Hydrogen Announces Q1 2025 Financial Results
Quimbaya Gold Inc. Announces Participation in THE Mining...
Juggernaut Files for Final Approval of Oversubscribed Financing
Brunswick Exploration Completes Brokered Private Placement for Gross...
1911 Gold Temporarily Suspends Operations at True North...
Ontario Backs Down on Key Bill 5 Provisions,...
Appeals Court Grants Trump Temporary Reprieve on Tariffs,...
Top 5 Canadian Mining Stocks This Week: Adyton...
NVIDIA Rallies After Strong Q1, AI Demand Outshines...
  • 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
Global Investing: How to Diversify with an International Portfolio
next post
JZR Gold Announces Closing Of Non-Brokered Private Placement Offering Of Convertible Debentures

You may also like

Rua Gold Acquires Siren Gold’s Reefton Assets for...

November 28, 2024

RETRANSMISSION: Spearmint Acquires the Sisson North Tungsten Project

February 15, 2025

Editor’s Picks: Gold Price Breaks US$2,900 in Another...

February 17, 2025

10 Largest Producers of Gold by Country

February 13, 2025

Murchison South Increases to 67koz Gold Across Two...

May 13, 2025

7 Copper ETFs and ETNs

May 10, 2025

Newmont to Sell Éléonore Gold Mine in Québec...

November 27, 2024

Is Trump a Threat to US Electric Vehicle...

November 1, 2024

Ramp Metals Confirms New “Rush” Copper Discovery, Announces...

January 21, 2025

Assays up to 63g/t Gold and 3.2% Copper...

August 6, 2024

    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

    • Charbone Hydrogene annonce les resultats financiers T1 2025

      May 31, 2025
    • Charbone Hydrogen Announces Q1 2025 Financial Results

      May 31, 2025
    • Quimbaya Gold Inc. Announces Participation in THE Mining Investment Event, Quebec City, June 3-5, 2025

      May 31, 2025
    • Juggernaut Files for Final Approval of Oversubscribed Financing

      May 31, 2025
    • Brunswick Exploration Completes Brokered Private Placement for Gross Proceeds of C$3.5 Million

      May 31, 2025
    Promotion Image

    banner ads

    Categories

    • Business (692)
    • Economy (829)
    • Investing (2,098)
    • Politics (737)
    • 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 © 2025 smarttradeinsights.com | All Rights Reserved