Vection Technologies Ltd. announced the award of a major defence pilot order of $1 million, for a top ten largest defence contractor in the world. The Company notes that this pilot order marks the first entry by the Company into the production chain of the authorised NATO Tempest producers. This initial pilot forms part of a larger tender of up to $30 million.

If the pilot proves successful, the Company expects to finalise the subsequent order awards within the next six months, subject to final agreements and negotiations with the end client.