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An announcement from Vection Technologies Ltd. ( (AU:VR1) ) is now available.
Vection Technologies has secured a follow-on purchase order worth about $0.5 million from long-term partner KIOSK Embedded Systems, reinforcing the expansion of its AI kiosk portfolio and its role as a provider of IntegratedXR and AI-enabled solutions. The order, which includes 50 third-generation Wallmount KIOSK units for delivery by the end of 2026, is notable for its roughly 60% annual recurring revenue component derived from prior deployments and is expected to be recognised across FY26 and the first half of FY27, underlining Vection’s growing recurring revenue base, deepening customer relationship with KISE, and strengthening market penetration in Central Europe’s hospitality sector.
The most recent analyst rating on (AU:VR1) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Vection Technologies Ltd. stock, see the AU:VR1 Stock Forecast page.
More about Vection Technologies Ltd.
Vection Technologies Ltd is an enterprise-focused provider of INTEGRATEDXR and AI-powered digital transformation solutions that help businesses bridge the physical and digital worlds. The company enables organisations to leverage 3D data through extended reality (XR) interfaces to enhance collaboration, training and sales, with a growing presence across global markets including Central Europe and key sectors such as hospitality.
Average Trading Volume: 16,709,457
Technical Sentiment Signal: Sell
Current Market Cap: A$85.42M
See more data about VR1 stock on TipRanks’ Stock Analysis page.