middle.news

How Vection Technologies Turned a $1m Pilot into a $4.4m Defence Contract

9:29am on Monday 30th of June, 2025 AEST Technology
Read Story

How Vection Technologies Turned a $1m Pilot into a $4.4m Defence Contract

9:29am on Monday 30th of June, 2025 AEST
Key Points
  • Secured $4.4m follow-on contract for AI-enabled defence ICT infrastructure
  • Cumulative revenue from customer now approximately $10m
  • Additional $21m in optional contracts planned for FY26-FY30
  • Contract deepens role in NATO Tempest production chain
Read Story
middle.

Tap to Read

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