• Additional $2.1m in new AI contracts signed directly with Area12's clients
• Vection and Area12 Consulting have formalised a deeper arrangement where Vection is the primary technology contractor for all Area12's subsidised finance projects
• Extensions span the government, utilities, aviation, education, and life sciences sectors, evidencing broad market traction

Vection Technologies Ltd (ASX:VR1, OTC:VCTNY, FRA:S1X), the INTEGRATEDXRï¸ company, has secured a further $2.1m in new AI contracts, expanding the scope of its collaboration with Area12 Consulting to a deeper exclusive relationship for all subsidised projects Area12 wins. These new agreements are incremental to those previously announced and bring the total value of contracts generated through this initiative since May 2025 to $5.7m. Vection and Area12 Consulting have formalised an arrangement where Vection is the primary technology contractor for all Area12's subsidised finance projects. This setup reflects Vection's possession of specific technology certifications essential for qualifying for subsidised finance contributions. By utilising these certifications, Area12's clients can access government-backed funding that would otherwise be unavailable, while Vection establishes a direct contractual relationship with those clients. As a result, Vection has directly contracted with Area12's clients, expanding the scope of activities initially contracted under Area12. This momentum demonstrates the demand for Vection's AI product suite, which is currently being applied by this partnership to a myriad of sectors, also signally broad market traction. Every project is powered by Vection's cloud-native Algho AI Engine, which integrates with enterprise systems to deliver real-time data while meeting enterprise-grade security standards. Revenue from these additional contracts will be recognised progressively in FY26, with ongoing service and support components included.

The company has secured $5.7m in total AI contracts since May 2025, with revenue from the additional $2.1m in contracts to be recognised progressively in FY26.