What happened to the Vection (ASX:VR1) share price today?

The Vection Technologies Ltd (ASX: VR1) share price retreated from an intraday high of 14.5 cents to close flat at 13.5 cents today – the same price it opened at this morning. This comes after the tech company announced the launch of an augmented and mixed reality (XR) interface for computer aided design (CAD) software through its 2021 Mindesk suite.

In today’s release, Vection said it will officially launch its Mindesk suite at the world’s biggest tech stage, CES 2021. The annual event brings the biggest names together to display their latest technology. It is being conducted online through the organiser’s media hub this year due to COVID-19.

Mindesk in a nutshell

Mindesk is a Vection subsidiary based in California that…