Mac Equity Partners is pleased to announce is has been engaged to provide capital raising and corporate advisory services to unique Western Australian technology company Remsense Pty Ltd, in relation to a capital raising and Initial Public Offering of the company https://remsense.com.au/
REMsense supports multiple industry sectors on projects and all scales. https://www.businessnews.com.au/article/RemSense-launches-unique-Virtual-Plant
In collaboration with Woodside Energy Technology RemSense has developed Virtual Plant https://virtual-plant.com.au/ to allow all employees irrespective of role or responsibility to easily access and understand Woodside’s infrastructure. Virtual Plant is a productive and scalable photographic fabric environment that enables visual information from a distributed asset network to be centrally available to all users.
Currently being used daily on the North Rankin A, North Rankin B, ACEPT, Karratha Gas Plant and Goodwyn Virtual Plant allows entire facilities to be captured in a patented unique immersive software.
Interest in Virtual Plant is growing and REMsense is in discussions to secure additional contracts with other major global energy and infrastructure companies.
Virtual Plant allows companies to reduce costs through an ability to explore, update and interact with their facilities, increasing productivity and awareness for employees, contractors and most importantly for Woodside themselves. Providing a multitude of other cost saving benefits Remsense and Woodside recognize that even the most basic advantage of the system in just reducing the need to send engineers to an offshore oil rig that requires something as simple as a measurement for parts is already generating significant savings in both costs and more importantly time.
REMsense has an Experienced board, including highly experienced and successful Chairman Chris Sutherland ex Programmed Ltd (PRG:ASX) Managing Director.
With a revenue generating partnership with Woodside Energy REMsense current existing group revenues are circa $2.5m per annum there is an enormous potential application for Virtual Plant to be scaled up and applied to major industry players on a Global Basis
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