Date: May 28, 2025
Company: NextVision Stabilized Systems Ltd.
To: Tel Aviv Stock Exchange | Israel Securities Authority
NextVision Stabilized Systems Ltd. (the “Company”) hereby announces that on May 27, 2025, it received three purchase orders from a third party not related to the Company or any of its interested parties, for the purchase of cameras and other products.
The total consideration for these orders is approximately USD 6.6 million (excluding VAT).
- Delivery Timeline: All products are expected to be delivered by the end of 2025, in accordance with schedules agreed upon between the parties.
- Payment Terms: Consideration will be paid within 14 days from the date of shipment.
- Terms of Engagement: The parties have agreed to finalize the commercial terms. Until then, each party’s standard terms shall apply. In case of a conflict, terms will be resolved through mutual agreement.
The customer is an existing client of the Company who has placed orders in the past.
Signed by:
Chen Golan
Chairman of the Board
NextVision Stabilized Systems Ltd.