- Singular Health Group (SHG) has received a $170,000 payment from FlowCentric Technologies to develop their pilot program using GeoVR software
- The pilot program also aims to develop a prototype with an integrated database that utilises imaging and predictive technologies for mining and exploration
- Singular Health entered a binding heads of agreement with FlowCentric in June 2020 to establish a 50/50 joint venture
- Singular Health will also receive income for the pilot program via staged payments over the coming five-month period
- Upon full payment, the company will transfer all title and intellectual property relating to the GeoVR software into the new joint venture company
- Singular Health is up 1.22 per cent, trading at 41.5 cents
