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How Vection Technologies Is Winning Big in Defence AI with $75M Pipeline
9:31am on Monday 29th of September, 2025 AEST
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Technology
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How Vection Technologies Is Winning Big in Defence AI with $75M Pipeline
9:31am on Monday 29th of September, 2025 AEST
Key Points
1H25 revenue up 60% to $17.4 million with positive adjusted EBITDA
Completed acquisition of DXLabs to boost APAC expansion
Equity raising of $21 million at a 12% discount to fund growth and debt repayment
Defence sector contracts with NATO and top EU contractors underpin $75 million pipeline
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