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
Subject: Receipt of purchase order
The Company hereby announces that on November 3, 2025, it received a purchase order from a third party who is not affiliated with the Company and/or its interested parties (hereinafter: the “Customer”)2, for the purchase of cameras and additional products of the Company, for a total consideration of approximately USD 24 million (excluding VAT) (hereinafter: the “Order” and the “Consideration”, respectively).
The consideration shall be paid within 30 days from the date on which the Company issues an invoice for each shipment of products, in accordance with the delivery schedule agreed upon between the parties. The Company shall supply the products in accordance with the agreed schedule with the customer, and no later than the end of July 2026.
As stated in the purchase order, the customer shall be entitled to cancel the order if a framework agreement for the supply of products between the Company and the customer is not reached within 60 days from the date of the order. Upon execution of such framework agreement, it shall apply retroactively to the order referenced in this immediate report.
The parties have agreed in writing that the Company and the customer shall enter into an agreement that will govern the relationship between them, including the terms applicable to customer orders, such as product warranty. Until such agreement is finalized, the Company’s terms shall apply, including with respect to product warranty.
Respectfully,
Chen Golan, Chairman of the Board
NextVision Stabilized Systems Ltd.
*The Company’s policy regarding the publishing of an English translation is that the Company will publish an English translation of its financial statements, presentations, and any immediate report that the Company is required to publish pursuant to Section 36(a) of the Securities Regulations (Periodic and Immediate Reports), 1970. Also, it should be clarified that this is an English translation of the information included in the immediate report. In the event of any discrepancy between the original Hebrew and the translation to English, the Hebrew version alone will prevail.
* The customer is an existing client of the Company who has previously placed orders with the Company.