Vection Technologies (ASX:VR1) has been awarded a AU$2.2 million contract from a repeat European defense customer, according to a Tuesday filing with the Australian bourse.
The contract, the first for its new cyber and data appliance named FEDRA (Far Edge Data Retention Appliance), comes under a AU$22.3 million multi-year framework agreement disclosed in September 2025.
Shares of the digital transformation services company rose 11% in recent trading.