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REMSENSE TECHNOLOGIES LIMITED — Capital/Financing Update 2025
Dec 21, 2025
65684_rns_2025-12-21_91f1641d-af44-4515-9dbf-bacc6854a6ff.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
22 December 2025
EXPANDED EXXONMOBIL AWARD VALIDATES REMSENSE STRATEGY
RemSense Technologies Limited (ASX: REM) (RemSense or the Company) is pleased to announce that it has secured a second project award with ExxonMobil , following the successful completion of its initial engagement announced on 28 October 2025. It further strengthens the Company’s expanding role as a trusted technology partner to one of the world’s most influential energy producers.
The accelerated award of this expanded scope of work underscores ExxonMobil’s decision to broaden its engagement with RemSense, reflecting strong confidence in the Company’s ability to deliver scalable digital visualisation solutions across complex operating environments.
Project Overview
Under this latest agreement, RemSense working in partnership with Applus+ will deliver ground and drone-based ultra-high resolution imagery capture, processing and delivery via virtualplant for an ExxonMobil's Bass Strait facility.
The project includes:
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Aerial and terrestrial ultra high-resolution LiDAR scanning, advanced 360-degree photogrammetry.
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Creation of an enhanced virtualplant visual twin to support Remote Digital Visual Inspections (RDVI), maintenance planning and engineering workflows, etc.
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Ongoing virtualplant access and subscription services to enable ExxonMobil and Applus+ teams across Australia to collaborate in real time.
The total contract value is A$94,760 with work scheduled to be completed in January 2026 .
Building a Strategic Relationship with a Global Energy Major
ExxonMobil, through its Esso Australia operations, remains one of Australia’s largest and most established energy producers, managing an extensive portfolio of offshore platforms, subsea infrastructure, pipelines, and onshore processing facilities.
The award of this additional project:
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Advances RemSense as a preferred partner for digital transformation initiatives within ExxonMobil
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Demonstrates the scalability of virtualplant across complex and high-value energy assets
ACN 648 834 771
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- Highlights the Company’s expanding role in delivering next-generation visualisation solutions to Tier 1 global operators
This project also supports ExxonMobil’s ongoing commitment to safety, operational efficiency, and data-driven asset management across its global portfolio.
About Applus+
Applus+ is one of the world’s leading testing, inspection, and certification companies, operating in more than 70 countries and employing over 26,000 people. The partnership with RemSense continues to strengthen both companies’ combined offering to the global oil and gas sector.
Validation of RemSense’s Global Growth Strategy
The award further validates virtualplant’s ability to deliver significant operational value in demanding offshore and industrial environments.
By providing a highly detailed, cloud-based representation of ExxonMobil’s facilities, virtualplant enables improved asset integrity, streamlined engineering workflows, reduced site visits, and enhanced safety outcomes.
This new contract marks another key milestone in RemSense’s strategy to secure highvalue, repeatable engagements with global energy leaders.
There are no material terms or conditions precedent requiring satisfaction to enable the contract works to be fulfilled, and there are no terms or conditions to the contract considered outside of normal commercial terms and conditions, including termination clauses.
ENDS
This announcement has been approved for release by the Board of RemSense Technologies Limited.
For further information:
Warren Cook
Managing Director +61 8 6118 5610 [email protected]
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About RemSense
RemSense Technologies Limited ( ASX:REM ) is a pioneer in advanced digital asset visualisation, delivering proven solutions to global energy and resources clients. Its proprietary virtualplant platform transforms high-resolution 3D imagery into intelligent visual twins, providing an intuitive and immersive environment for asset management. By combining precision photogrammetry with powerful data integration, virtualplant enables clients to optimise productivity, enhance safety, and reduce operational costs, demonstrating RemSense’s expertise in turning cutting-edge technology into tangible value.