• Q1 revenue of $2.47 million, up 49% YoY
• Reached break-even in net operating cash flow, marking first positive quarter
• Deployed proprietary Skylink® operating system with Tier-1 mining customer

RocketDNA continued to scale its autonomous drone platform across enterprise customers, with increasing system utilisation, expansion of recurring revenue streams, and the initial deployment of its proprietary Skylink® operating system. The company recorded Q1 revenue of $2.47 million, flat on Q4 but up 49% on Q1 FY25, driven by continued growth in recurring revenue streams and initial contributions from newly deployed systems. Recurring revenue grew strongly quarter-on-quarter, with group xBot® recurring revenue up 73% QoQ. Net operating cash flow reached break-even for the quarter, with the group generating $62k in net operating cash flow, marking its first positive operating cash flow. This represents a $345k improvement from Q4 2025, driven by the benefit of two consecutive strong revenue quarters. The company also achieved a key milestone with the deployment of its Skylink® operating system, which was implemented in live operations with an existing Tier-1 mining customer. Skylink® enables centralised mission management, allowing customers to plan, prioritise and track drone missions in real time across multiple sites. Customer engagement and platform utilisation continued to scale during the quarter, with Australian xBot® flight missions up 113% QoQ and active user numbers up 47% QoQ.

RocketDNA's key priorities for the coming quarters include the deployment and ramp-up of newly secured contracts, expansion of xBot® systems usage across existing customer sites, continued rollout of Skylink® and expansion of SiteTube® features, and progression of additional enterprise opportunities across mining and adjacent sectors. The company remains focused on scaling recurring revenue through repeatable deployments and software-enabled services.