RemSense Technologies has developed a platform that allows engineers to remotely inspect, audit and manage critical infrastructure assets. The company is already working with major energy and resources groups including Chevron Corporation, Shell plc, ExxonMobil, Woodside Energy and BHP. For investors, the placement offers exposure to a commercial-stage digital twin technology company with an expanding recurring revenue base and established industry relationships.

RemSense Technologies is conducting a placement to raise up to A$1,211,632 through the issue of 44,875,296 fully paid ordinary shares at A$0.027 per share.

RemSense Technologies (ASX: REM) is a Perth-based technology company delivering highresolution 3D visual twins and AI-powered asset intelligence to the global energy, resources, and infrastructure sectors. Its proprietary virtualplant platform combines precision photogrammetry, LiDAR scanning, drone imagery, and integrated asset data to create immersive digital replicas of complex industrial facilities. This allows operators to remotely inspect, navigate, audit, and manage assets from anywhere in the world.

Founded in 2006 as a drone systems provider, RemSense has evolved into a full-stack digital asset intelligence business. It listed on the ASX in 2021 and has since established commercial relationships with some of the world's largest industrial operators. The Company generates revenue through a hybrid model: project-based digital capture and implementation fees combined with growing recurring virtualplant software subscriptions, creating the potential for compounding revenue as the client base expands.

Financial Performance

• FY25 revenue of A$3.44M — up 107% on FY24 (A$1.66M)
• Gross margin expanded to 71.9% (up from 65% in FY24)
• Operating cashflow turned positive in FY25: A$376K inflow vs. A$1.36M outflow in FY24

Client Base

• Established commercial relationships with Chevron, Shell, ExxonMobil, Woodside Energy, Newmont, BHP, and Rio Tinto
• Global Master Services Agreement signed with Chevron — provides a framework for scaled deployment across Chevron's operations globally
• Ongoing project work with Woodside and Newmont across offshore production and mining assets

Technology & Platform

• Proprietary virtualplant platform: secure, cloud-based, immersive 3D access to critical industrial assets
• Hybrid revenue model combining project delivery fees with recurring software subscription revenue
• AI-powered audit, asset recognition, and reporting workflows embedded in the platform
• Technology partnerships with AWS Partner Network and Matterport

Market Opportunity

• Global addressable market for remote asset visualisation and inspection estimated at over $1 billion
• Australia alone has approximately 46 offshore facilities; the US Gulf Coast has over 1,600 — with RemSense's per-facility revenue potential ranging from A$150K to A$500K
• Expanding international project pipeline across the USA, South America, and the Middle East
• Sectors addressed include oil and gas, mining, facilities management, defence, marine, and aerospace

The Problem

Managing large-scale industrial infrastructure is costly, hazardous, and information-intensive. Engineers regularly need to physically travel to remote or dangerous sites to verify asset conditions, plan maintenance shutdowns, or conduct inspections — creating safety risks, time delays, and significant operational cost. Asset information is typically fragmented across drawings, maintenance systems, photos, and spreadsheets, with no single source of truth for what a facility actually looks like or how it is configured.

The Solution

RemSense's virtualplant platform converts high-resolution LiDAR scans, photogrammetry datasets, and drone imagery into accurate, immersive 3D visual twins that can be accessed securely from anywhere. Users can navigate a digital replica of a facility in detail — inspecting assets, reviewing tags, planning maintenance, and collaborating across teams — without needing to be on site. The platform integrates with client systems including ERP, maintenance management, and operational data platforms, and supports AI-assisted audit and asset recognition workflows to help operators identify issues faster.

Demonstrated Client Value

RemSense's clients have reported the potential for digital twins to reduce unplanned downtime by 30–50%, lower maintenance costs by 20–30%, compress shutdown durations by 20–30%, and reduce workplace accidents by up to 40–60%. These are client-side estimates and outcomes may vary, but they illustrate why Tier 1 operators continue to engage and expand their use of the platform.