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Paul Clayton from Vection Technologies shares insights on their $4.5M contract with a major defence contractor. Vection bridges the physical and digital worlds by combining AI with extended, virtual, and augmented reality, providing solutions in data, business intelligence, and operations.
He outlines the importance of AI in defence, emphasising how real-time data aggregation and synthesis lead to better decision-making. The contract highlights a focus on secure, enterprise-level AI solutions that guard against cyber breaches and integrate seamlessly with hardware.
Paul notes this contract is a milestone in transitioning from proof-of-concept to implementation, showcasing the commercial potential of Vection's offerings. Vection is moving towards recurring SaaS revenue, aiming for a strong revenue position and growth into FY 26.