• $4.4m follow-on supply for mission-critical ICT infrastructure and AI-enabled analytics
• Total revenue from this customer reaches ~$10m, with a further ~$21m in contracted options
• Repeat award deepens Vection's role inside the authorised NATO Tempest production chain

Vection Technologies Ltd (ASX:VR1, OTC:VCTNY), the INTEGRATEDXRï¸ company, has announced a supply worth $4.4m from a top ten global defence contractor. This supply follows the major defence pilot award announced on 2 March 2023, which flagged that a successful pilot could lead to delivery of a full tender worth ~$30m. The new supply builds on the ~$1m pilot order announced earlier, along with additional small-scale implementations delivered in FY24, bringing the total revenue from this customer to approximately ~$10m. According to the current framework agreement, ~$21m in optional work is still planned for FY26 to FY30, contingent upon subsequent further awards. This solution stack integrates secure ICT infrastructure with Vection's INTEGRATEDXRï¸ platform. As security priorities in Europe become more urgent, the customer is expanding these capabilities to oversee and safeguard critical assets. With the solution stack completed during the pilot phase, the Company is now authorised to complete supply of the solution, as formalised by this order. The Company expects to recognise ~$3.8m in revenue of the order total of $4.4m in FY25, with the balance in FY26.

The Company expects to recognise ~$3.8m in revenue of the order total of $4.4m in FY25, with the balance in FY26.

Increasing geopolitical instability is prompting militaries to implement AI-driven, XR-enhanced workflows that can handle extensive data sets in real-time. INTEGRATEDXRï¸ is exceptionally equipped to address this demand.