Vection Secures $1.5m in New AI Orders

• $1.5m in confirmed AI project orders across six industries
• Orders include new and recurring contracts from new and existing clients
• Agritech (27%) and cybersecurity (28%) represent the largest share of orders

Vection Technologies Ltd (ASX:VR1, OTC:VCTNY, FRA:S1X) has received $1.5m in confirmed purchase orders for AI-driven enterprise projects across a diverse range of industries. These orders include both new and recurring contracts from new and existing clients in agritech, cybersecurity, automotive, real estate, healthcare, and public administration, further expanding Vection's presence in key innovation-driven sectors. The new contracts came from a variety of sales sources, including new contracts (55%), upselling to existing customers (33%), and existing client renewals (12%). Agritech (27%) and cybersecurity (28%) represent the largest share of orders, followed by real estate (15%), healthcare (11%), and public administration (10%). These projects include enterprise software licences, integrations, and service agreements, generating multi-year recurring revenue and further contract expansion potential. Approximately 45% of the total order value represents renewals and upselling of existing contracts, validating Vection's strong customer retention and expansion capabilities.

The associated revenues are expected to be recognised throughout FY26, aligning with project delivery and service timelines.