icetana AI receives SBR US$176k order
| Stock | Icetana Ltd (ICE.ASX) |
|---|---|
| Release Time | 15 Apr 2026, 8:12 a.m. |
| Price Sensitive | Yes |
icetana AI receives SBR US$176k order
- icetana AI receives order from strategic partner SoftBank Robotics Group
- Order is for leading Japanese security company Japan Reliance Service Corporation
- Contract value of US$176,450 (~A$250,000) to be billed as SaaS over 12 months
icetana Limited (ASX:ICE 'icetana AI' or 'the Company'), a company building self-learning security AI software for large-scale surveillance networks, has received a purchase order from SoftBank Robotics Group, for new customer Japan Reliance Service Corporation ('RSC'), a building management and security company listed on the Tokyo Stock Exchange. RSC is procuring the Company's software for deployment across existing buildings and facilities under contract as well as new facilities. The contract is priced on a SaaS basis and will add a net US$176,450 (~A$250,000) to the Company's annual recurring revenue (ARR), beginning when the software is deployed - which will occur before 31 August 2026. The order is equivalent to a ~10% increase in the Company's ARR. SoftBank Robotics Group is seeing a rising demand across Japan and APAC for icetana AI's technology to help protect people, and the company expects to see more growth from this partnership due to an increasing need for AI security solutions.
The order is for a total contract value of US$176,450 (~A$250,000). Ongoing revenues beyond this initial period will be subject to a customer renewal. Going forward it is therefore possible that no revenue over and above the present order value materialises pursuant to this commercial arrangement.
SoftBank Robotics Group is seeing a rising demand across Japan and APAC for icetana AI's technology to help protect people, and the company expects to see more growth from this partnership due to an increasing need for AI security solutions.