Vection receives follow-on AI kiosk order
| Stock | Vection Technologies Ltd (VR1.ASX) |
|---|---|
| Release Time | 13 Jan 2026, 8:23 a.m. |
| Price Sensitive | Yes |
Vection receives follow-on AI kiosk order
- $0.5m follow-on order from long-term partner KIOSK Embedded Systems
- Approximately 60% of order value represents annual recurring revenue
- Reorder of 50 third-generation Wallmount KIOSK units
Vection Technologies Ltd (ASX:VR1, OTC:VCTNY, FRA:S1X), a leading provider of INTEGRATEDXR and AI-powered digital transformation solutions, has received a follow-on purchase order valued at approximately $0.5m from long-term partner KIOSK Embedded Systems ('KISE'). The order builds on the AI kiosk portfolio expansion announced in November 2024 and reflects the continued scaling of activities, services and supplies that commenced in 2021, with agreements extended annually across multiple fiscal years. Approximately 60% of the order value represents annual recurring revenue ('ARR') derived from prior deployments. The order includes a reorder of 50 third-generation Wallmount KIOSK units ('wall-I'), with delivery requested by 31 December 2026. The revenue from this order is expected to be recognized in FY26 and 1H27, aligned with delivery schedules. This follow-on order showcases Vection's capacity to turn previously secured enterprise wins into steady, growing revenue streams, underscoring the strength and resilience of the Company's order book. The continued deployment in hospitality settings further enhances Vection's presence in Central Europe and affirms its role as a reliable enterprise technology provider offering integrated XR and AI solutions.
The order is expected to generate revenue of $200k in FY26 and $300k in 1H27, aligned with delivery schedules.