• Agreement with healthcare-training leader Laerdal to generate $1.7m in sales across three years
• Laerdal is a global simulation leader with over 2,000 employees in 26 countries
• Vection's XR and AI suite to be integrated with Laerdal's solutions for immersive healthcare training

Vection Technologies Ltd (ASX:VR1, OTC:VCTNY) has announced a three-year partnership with healthcare-simulation specialist Laerdal Italia S.r.l. ('Laerdal') to commercialize Vection's XR and AI portfolio across Italy's healthcare sector and generate $1.7 million in revenue by 30 June 2028. Laerdal is a global simulation leader with over 2,000 employees in 26 countries, and its solutions are used by hospitals, universities, and first-responder organizations worldwide. Through the partnership, Vection's 3DFrame, EnWorks Remote Assistance, and Algho AI technologies will be integrated with Laerdal's offerings, transitioning static healthcare simulations to immersive, data-enhanced learning experiences. The partnership grants Vection immediate access to Laerdal's established sales channels and customer relationships, boosting recurring software revenue and enhancing brand visibility in the healthcare sector. The revenues are distributed across three fiscal periods, with $350,000 in FY26, $600,000 in FY27, and $750,000 in FY28. If the collaboration achieves its commercial objectives, Vection and Laerdal have tentatively agreed to establish a new standard in simulation-based healthcare education by strengthening the integration of AR-and-VR solutions and manikins for even more immersive training.

The partnership is expected to generate $1.7 million in revenue for Vection Technologies across three fiscal years, with $350,000 in FY26, $600,000 in FY27, and $750,000 in FY28.

The success of the partnership in Italy will open a pathway to a broader European and global rollout, underpinned by joint marketing, demo centres, and aligned roadmaps. If the collaboration achieves its commercial objectives, Vection and Laerdal have tentatively agreed to establish a new standard in simulation-based healthcare education by strengthening the integration of AR-and-VR solutions and manikins for even more immersive training.