Vection wins $1.6m AI Defence Order with Dell Technologies

• New $1.64m ARR order secured from a classified defence customer
• Vection has served this customer for over 10 years
• Revenue to be fully recognised in FY26, adding further momentum

Vection Technologies Ltd (ASX:VR1, OTC:VCTNY, FRA: S1X), a leading provider of INTEGRATEDXR© and AI-Powered digital transformation solutions, has secured an Annual Recurring Revenue ('ARR') order from a classified repeat customer operating within the defence, intelligence, and law enforcement sector, valued at $1.64m, to be fully recognised in FY26. This new contract win is focused on enhancing real-time AI capabilities for multiprotocol data enrichment, retention and correlation, which are mission-critical requirements in classified intelligence operations. The contract win is a renewal of a long-standing classified customer's engagement, and the solution runs on dedicated AI Appliances powered by Dell Technologies, deployed within a distributed edge infrastructure built to meet the exacting performance standards of national security environments. The scope is designed to extend through to 2027, and Vection expects further contract awards in this regard. Vection's Defence programme has grown from a single classified contract into a multi-customer, multi-domain programme that now spans classified national security, NATO-approved European defence contractors, and proprietary military-grade technology developed and owned by Vection. Heightened geopolitical tensions across Europe are continuing to drive structural demand for AI-powered intelligence and monitoring solutions, and with its proven delivery record, proprietary technology stack, and strong partnerships, Vection is well placed to grow its share of this expanding market through H2 FY26 and beyond.

Vection expects further revenue through continued scope extensions of this contract through to 2027, which will be announced to the market as they are contracted.

Vection is well placed to grow its share of the expanding market for AI-powered intelligence and monitoring solutions driven by heightened geopolitical tensions across Europe, through H2 FY26 and beyond.