February 4, 2025
NextVision Stabilized Systems Ltd. (“The Company”)
To:
- Tel Aviv Stock Exchange Ltd. (TASE) – www.tase.co.il
- Israel Securities Authority (ISA) – www.isa.gov.il
Receipt of a Customer Order
NextVision Stabilized Systems Ltd. (the “Company”) is pleased to announce that on February 3, 2025, it received an order from a third party who is not affiliated with the Company or its stakeholders (hereinafter: “the Customer”) for the purchase of cameras and additional products totaling approximately $11.2 million USD (excluding VAT) (hereinafter: “the Order” and “the Consideration,” respectively).
Key Payment Terms:
- 12% of the Consideration was paid as an advance payment, which will be deducted from the final installment of the Order.
- The remaining balance will be paid before the delivery of the products, according to agreed-upon payment schedules.
Delivery Timeline:
- The Company will supply the products according to the agreed-upon schedule, with full completion by the end of 2025.
- The Order is subject to the Company’s standard terms and conditions, including product warranty coverage.
Customer Background:
- The Customer is an existing client of the Company who has previously placed orders.
Signed by:
Chen Golan, Chairman of the Board
NextVision Stabilized Systems Ltd.