• Vection secures $2.6m agreement to deliver AI & XR compliance platform for industrial safety inspections
• Expands partnership with Area12 Consulting, building on $0.5m annual Algho software deal
• Algho AI powers real-time voice interaction, regulation parsing, and contextual support through smart glasses

Vection Technologies Ltd (ASX:VR1, OTC:VCTNY) has signed a $2.6m agreement with Area12 Consulting to co-develop and implement an AI-driven safety compliance platform named SAFE-XR, tailored for a prominent industrial client in Italy. This collaboration aims to digitise industrial safety inspections, leveraging artificial intelligence (AI), augmented reality (AR), and wearable technology. The system integrates smart glasses with real-time voice interaction powered by Vection's Algho AI platform, allowing operators to execute audits hands-free. Users benefit from contextual guidance through natural language prompts and AR overlays, which streamline inspection processes and enhance accuracy. Algho's emotional intelligence adapts support based on user behaviour and environmental context. Field teams can access interactive checklists, regulatory materials, and remote collaboration tools right within their line of sight, simplifying compliance workflows and minimising the necessity for expert on-site presence. This second agreement with Area 12 Consulting expands upon an existing $0.5m annual recurring license partnership, broadening the collaboration from platform licensing to complete deployment in safety-critical operations. The $2.6m agreement will be recognised in phased milestones throughout FY26, with a three-year support and maintenance term.

Revenue from the $2.6m agreement will be recognised in phased milestones throughout FY26. The project offers a three-year support and maintenance term, marking the initial contractual period.