middle.news

Vection Technologies Boosts Recurring Revenue with $0.5M Algho AI Sales in Europe

7:03pm on Monday 2nd of June, 2025 AEST Technology
Read Story

Vection Technologies Boosts Recurring Revenue with $0.5M Algho AI Sales in Europe

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Secured $0.5 million in new Algho AI platform sales from European clients
  • Contracts include upfront implementation fees plus recurring subscription revenue
  • Sales enhance Vection's recurring revenue stream and predictability
  • Orders signed with Stintino Municipality and Anco S.r.l. across public and private sectors
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Vection Technologies (ASX:VR1)
OPEN ARTICLE