3h ago
Operator XR signs MOU with Thales Australia to jointly bid defence and security training and simulation programs
Operator XR, a subsidiary of xReality Group (ASX: XRG), has signed a memorandum of understanding with Thales Australia to jointly pursue training and simulation work across defence, security and law enforcement markets. The arrangement is reciprocal, allowing either company to lead opportunities, with Operator XR supporting Thales-led projects as a subcontractor or bringing Thales in as a supplier or subcontractor on Operator XR-led bids. The companies did not disclose any contract values or timelines.