Vection Technologies Executes AU$22.3 Million Master Framework Agreement with 'NATO-Approved' European Defense Firm, Shares Jump Over 33%

MT Newswires Live

2025/09/22

Vection Technologies (ASX:VR1) executed a AU$22.3 million multi-year master framework agreement with a "NATO-approved" partner operating within the European defense sector, according to a Monday Australian bourse filing.

The term of the agreement is through Dec. 31, 2030 and the current extension limit is set for up to AU$29.5 million. The counterparty is a certified vendor to the Council of Europe and NATO, as well as a repeat customer.

Its shares jumped over 33% in recent trading on Monday, reaching their highest point in over three years.

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