VR1 FY25 New Deals, page-133

2 x NEW CONTRACTS SIGNED IN THE LAST WEEK ADDING A FURTHER $3.12M TO THE KITTY... NOW TOTALLING OVER $33 MILLION ANNOUNCED IN FY25

Contract 1. $520K AI AGRITECH PARTNERSHIP SIGNED
Contract 2. $2.6M Agreement to deliver AI & XR Compliance platform for industrial safety inspections

Here’s an updated summarized list of Vection Technologies’ (VR1) deals announced in FY25 along with their values

XR & AI Software Contracts

• $3.6M: XR software licenses with Cometa SpA for immersive classroom solutions in 500 high schools in Italy
• $1.6M: 3-year AI software license for Brexia Med healthcare project, with an option for an additional $1M over 2 years.
• $0.5M: AI software contract with RCM Italia s.r.l., generating $0.4M in FY25 with recurring $50K annual fees from 2026.
• $0.5M: XR contracts for Vection’s Shelfzone VR, including partnerships with Natuzzi and Nestlé.
• $1.6M: 3-year strategic distribution agreement with SolidWorld Group S.p.A to reach 10,000+ clients in EMEA.
• $0.7M: KIOSK Embedded Systems (KISE) AI-ready systems deal, with $0.06M delivered in FY25.
• $0.5M: Algho AI platform contracts from multiple public and private sector clients in Europe.
• $0.7M: SaaS agreement with TOTALPLAY, a Mexican telecom provider.
• $0.9M Strategic AI & XR Partnership with Smartengineering
• $0.6M Vection delivers in additional AI recurring revenue adding 14 new clients
• $1.2m deal in the food and beverage industry through project ADDICTA
• $0.5M yearly minimal commitment through AI partnership with Area 12 Consulting supplying Algho software licences
• $1.7M PARTNERSHIP DEAL WITH LAERDAL for a collaboration in Healthcare training.
• $0.5M Amazon Web Services contract wins after launching ALGHO AI Sign Language
• $520K AI AGRITECH PARTNERSHIP SIGNED
• $2.6M Agreement to deliver AI & XR Compliance platform for industrial safety inspections

Healthcare & Research

• $160K per year: Massachusetts General Hospital (MGH) license renewal, with $0.26 per conversation usage fee.
• $0.6M: 3-year agreement with Augmentalix, a French XR technology provider.

Defence & Cybersecurity

• $1.8M: Defence contract with European local government.
• $4M: Defence contract extension, focused on AI-powered infrastructure design and Dell AI appliances.
• $0.5M: Cybersecurity-focused ICT endpoints contract in the Defence sector, revenue expected in Q2 FY25.
• $1M Defence order extension delivered to Vection Technologies

Strategic Partnerships & Expansions

• $0.6M: Distribution deal with Synergy in Bulgaria, targeting $600K in sales by 2027.
• $0.6M: EnginSoft SpA distribution deal for SaaS XR and AI solutions in Italy, France, and Germany.
• Undisclosed Value: Vection partners with DigiLens Inc. for XR smart glasses & global market expansion.
• Undisclosed Value: Partnership with CareAR (a Xerox company) to expand into the USA market.
  

• $0.7M: TDB secures annual recurring contracts, including 24 new clients.
• $0.4M of this will be recognized in FY25, with the rest in early next financial year.

Financial Services & Insurance

• $575K: 3-year partnership with Assicurazioni Generali S.p.A., with scalable revenue opportunities.

Dell Partnerships & Status

• $0.5M: First sale of Algho AI platform to Dell.
• Vection Achieves Dell Titanium Partner Status, following the $4M Defence contract extension.

This breakdown shows Vection's strong focus on AI, XR, Defence, and strategic global expansions. (accounted for above in defence)

The total collective value of these deals is approximately $33.12 million.(including the $2m tax credit) Most of these deals are multi year deals.

All my own research and opinion DYOR

Good luck holders.