$5.71 million State of Texas contract for Operator XR

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Stock Xreality Group Ltd (XRG.ASX)
Release Time 7 Aug 2025, 8:39 a.m.
Price Sensitive Yes
 $5.71 million State of Texas contract for Operator XR
Key Points
  • Largest order for Operator XR's OP-2 systems to date
  • Customer is Texas Department of Public Safety (Texas DPS)
  • $4.3m initial order with $1.4m option for additional support services
Full Summary

xReality Group Limited (ASX: XRG) has announced that its wholly owned US Subsidiary Operator XR LLC has been awarded a contract up to the value of $5.7 million to supply Operator XR's flagship OP-2 training systems to the Texas Department of Public Safety (Texas DPS). The contract consists of a $4.3 million initial order for OP-2 software licenses, VR training systems, implementation, and two years of support services, as well as a $1.4 million option for additional support services to be delivered in years 3, 4, and 5. The systems will be used by Texas DPS for law enforcement training across the State of Texas. The Texas DPS is the statewide public safety and law-enforcement agency for the State of Texas, responsible for highway patrol, criminal investigations, driver licensing, and coordination with local and federal partners. Given that Texas is the second-largest US state by both population and area, the DPS is a significant entity with substantial operational scale, managing the safety and security for over 30 million residents. This contract represents the largest order for Operator XR's OP-2 systems to date and expands the company's footprint with a high-credibility reference customer, helping to reinforce its US growth strategy.

Guidance

The $5.71 million contract includes a $4.3 million initial order with a $1.4 million option for additional support services to be delivered over the following 3 years. The systems are expected to be delivered throughout Q2 FY26.