• ~$14m in cash receipts thus far in Q4, up ~115% YoY
• Total Contracted Value (TCV) reaches ~$27m
• Record 3-year pipeline of ~$50m across key verticals

Vection Technologies Ltd, a leading provider of INTEGRATEDXR and AI-powered digital transformation solutions, has provided a trading update highlighting record quarter-to-date cash receipts, record pipeline update, continued operational momentum, growing contracted revenue visibility, and disciplined execution across core strategic initiatives. The company has generated ~$14m in cash receipts during the quarter to date, which is already ~115% more on a year-over-year basis. This result meets internal expectations and follows the company's usual seasonal trend, mainly influenced by the European business cycle. It highlights sustained demand across the Defence, AI, Healthcare, Industrial, and Retail sectors. Vection's Total Contracted Value ('TCV') has increased to ~$27m, supported by the multi-year NATO-aligned Defence framework, expansion of Enterprise AI deployments, growing Healthcare simulation programs, and Retail and Industrial transformation initiatives. The company's total pipeline (3-year forward rolling) under negotiation has grown to ~$50m (excluding TCV), reflecting the strongest commercial position in the company's history. The growth is driven by accelerating opportunities across Defence (including the recently announced $22m deal), Utilities, Government, Healthcare, Retail, and APAC enterprise markets.

Vection Technologies has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.

Vection Technologies remains focused on growing revenue, increasing recurring revenue, converting multi-year frameworks, and speeding up product and market expansion in key verticals (both organically and inorganically).