MIRA inspection platform
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Visionstate Announces U.S. Pilot Project and Expands Customer Portfolio Across Key Sectors
Newsfile· 2025-11-04 14:00
Visionstate Announces U.S. Pilot Project and Expands Customer Portfolio Across Key SectorsNovember 04, 2025 9:00 AM EST | Source: Visionstate Corp.Edmonton, Alberta--(Newsfile Corp. - November 4, 2025) - Visionstate Corp. (TSXV: VIS) ("Visionstate" or the "Company"), a leader in smart facility management, is pleased to announce a new pilot project agreement with a leading U.S.-based facility management company recognized for its focus on innovation and sustainable practices.The pilot program m ...
Visionstate Provides Corporate Update: AI Demonstrations, Bill 190 Progress, and New Product Launches
Newsfile· 2025-10-01 13:00
Core Insights - Visionstate Corp. is advancing its smart facility management and IoT technology through product innovations and customer engagement initiatives [1] AI Development - Visionstate IoT has initiated customer demonstrations of the TidyLogic AI platform, developed with the Alberta Machine Intelligence Institute, aimed at enhancing resource planning for facility managers [2] Legislative Readiness - With Ontario's Bill 190 set to take effect on January 1, 2026, Visionstate is onboarding customers for its WandaLITE solution, resulting in increased subscription adoption [3] New Product Launches - The MIRA inspection platform has been fully demonstrated, digitizing audit and compliance activities, and attracting new customers from public education and health supplement sectors [4] - Wanda Exteriors has been launched to assist exterior maintenance companies in managing property-specific requirements, enhancing service compliance and accountability [5][6] Customer Engagement - Visionstate will host a "Coffee Talk" event on October 2, 2025, to discuss its technology roadmap and growth opportunities with shareholders [9] Revenue Growth Strategy - The initiatives are expected to contribute to Visionstate's recurring SaaS revenue model, with projections of $960 annual fees per building from WandaLITE subscriptions by early 2026 [11] - The multi-product approach, including MIRA and Wanda Exteriors, positions the company for sustainable revenue growth while maintaining high gross margins typical of successful SaaS platforms [12]