Vection Technologies Expands Recurring AI Revenue with Strategic Wins

Vection Technologies Ltd (ASX: VR1), a leader in integrated extended reality (XR) and artificial intelligence (AI), has secured an additional AU$0.6 million in annual recurring revenue through its generative AI subsidiary, The Digital Box (TDB). This brings TDB’s total new AI-driven contracts to AU$1.3 million since its March 2025 acquisition. Fourteen new clients, including notable names like NexyLab, Sella GenAI, and Italy’s Parliament, have adopted TDB’s AI-powered software, kiosk, and professional services. These deals demonstrate Vection’s growing market traction and its ability to deliver scalable, subscription-based digital transformation solutions. Approximately AU$0.36 million of the new revenue will be recognised in FY25, with the remainder in early FY26. Vection's strategy of merging AI and XR technologies continues to gain momentum, reinforcing its position as a key player in enterprise digital innovation across global markets. The announcement meets the company’s materiality threshold and reflects strong investor confidence.

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