VR1.ASX: Vection receives $3.2M order from Retelit Digital Services

Vection receives $3.2M order from Retelit Digital Services

Stock	Vection Technologies Ltd (VR1.ASX)
Release Time	6 Jul 2026, 8:22 a.m.
Price Sensitive	Yes

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Vection Technologies secures $3.2M order from Retelit Digital Services

Key Points

$3.2M order from Retelit Digital Services, fully recognized in FY26
Two Algho AI Appliances installed and certified at DC Avalon 3
Vection becomes AI provider for Retelit's entire client base in Italy

Full Summary

Vection Technologies Ltd, a leading provider of AI-powered digital transformation solutions, announced a $3.2M order from Retelit Digital Services S.p.A., Italy's leading enterprise IT services company. Vection supplied two Algho AI Appliances, dedicated hardware units running the Algho AI platform, installed at Retelit's DC Avalon 3 data center. These appliances power the AI agent and AI model services that Retelit offers to its business and government clients across Italy. Following a formal testing period completed on 30 June 2026, Retelit Digital Services has certified Vection as one of their go-to AI technology providers, meaning Algho is the platform on which Retelit builds and delivers AI services to its entire client base going forward. The order is fully recognized in FY26.