Future First Technologies Limited (ASX:FFT is building a portfolio of digital assets that seek to make life simpler and safer. The company owns two key businesses, farmbuy.com and Asset Vision, which it respectively acquired in April and November 2020, and around 8% of a third business, 1derful.com.au. The company has announced today that Asset Vision’s recently acquired EagleSoft had secured three new contracts totalling $305k and had expanded the group’s footprint to New Zealand. The New Zealand contract positions EagleSoft’s AI-driven Automated Inventory and Defect Detection capability to be utilised in a bid for a much larger, ongoing road maintenance contract in New Zealand. In addition to the New Zealand contract, EagleSoft has been commissioned by one of its existing clients to undertake an audit of road safety barriers and one of Asset Vision’s existing clients, Ventia, has commissioned EagleSoft to be used alongside Asset Vision on road maintenance contracts in Victoria, NSW and Queensland.
06 Sep 2021
Asset Visions secures three new contracts - A$305k
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Asset Visions secures three new contracts - A$305k
Asset Vision Co Ltd (ASV:ASX) | 0 0 5.7% | Mkt Cap: 22.7m
- Published:
06 Sep 2021 -
Author:
Finola Burke -
Pages:
4 -
Future First Technologies Limited (ASX:FFT is building a portfolio of digital assets that seek to make life simpler and safer. The company owns two key businesses, farmbuy.com and Asset Vision, which it respectively acquired in April and November 2020, and around 8% of a third business, 1derful.com.au. The company has announced today that Asset Vision’s recently acquired EagleSoft had secured three new contracts totalling $305k and had expanded the group’s footprint to New Zealand. The New Zealand contract positions EagleSoft’s AI-driven Automated Inventory and Defect Detection capability to be utilised in a bid for a much larger, ongoing road maintenance contract in New Zealand. In addition to the New Zealand contract, EagleSoft has been commissioned by one of its existing clients to undertake an audit of road safety barriers and one of Asset Vision’s existing clients, Ventia, has commissioned EagleSoft to be used alongside Asset Vision on road maintenance contracts in Victoria, NSW and Queensland.