Vection Receives $2.2m Defence Order

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Stock Vection Technologies Ltd (VR1.ASX)
Release Time 3 Feb 2026, 8:16 a.m.
Price Sensitive Yes
 Vection Receives $2.2m Defence Order
Key Points
  • First order for FEDRA - a new proprietary cyber and data appliance
  • Order issued under $22.3m framework agreement, representing a new phase of program execution
  • FEDRA supports multi-agent AI military operations, enhancing data retention and real-time intelligence
Full Summary

Vection Technologies Ltd (ASX:VR1) has received a new order valued at $2.2m from a repeat defence customer within the European military ecosystem. The order represents the award for a new proprietary cyber and data appliance, code-named FEDRA (Far Edge Data Retention Appliance). This order is issued under the $22.3m multi-year framework agreement announced in September 2025. FEDRA is an advanced, defence-grade edge data platform designed for high-security and operationally constrained environments. It significantly increases backup and restore speeds while improving data deduplication efficiency. The appliance has been engineered to support data-intensive military missions that require real-time data availability and resilience at the tactical edge. Recent investments by Vection in Algho Conversational AI and its Intelligence engine enable FEDRA to deliver sophisticated AI-driven data correlation capabilities, supporting next-generation multi-agent AI military operations. This enhances intelligence workflows by improving data repository performance and enabling more effective AI-assisted decision-making across distributed defence systems. This order represents a tangible demonstration of Vection management's strategic decision to invest in the development of military-grade platforms. Since the launch of the Defence program, Vection has secured total orders of $27.7m, with $13.6m already delivered and recognised as revenue. This order forms part of a multi-year delivery plan, increasing visibility and supporting the growth of a revenue base that also includes recurring components.

Outlook

This order builds on Vection's proven delivery capability and ongoing investments in technology development, further strengthening its position as a trusted long-term partner for mission-critical Defence operations.