NextVision Announces Receipt of a $6.7M Purchase Order
- Israel Securities Authority (ISA) – www.isa.gov.il
- Tel Aviv Stock Exchange Ltd. (TASE) – www.tase.co.il
The Company hereby announces that, on July 20, 2026, it received an order from a third party, which is not related to the Company and/or its interested parties (hereinafter: the “Customer”)2, for the purchase of the Company’s cameras and accessories, for a total consideration of approximately USD 6.7 million (excluding VAT) (hereinafter: the “Order” and the “Consideration,” respectively).
Fifteen percent (15%) of the Consideration was paid as an advance payment. The remaining Consideration shall be paid on net 30-day payment terms following delivery of the products to the Customer, in accordance with the delivery schedule agreed upon by the parties. The Company will supply the products commencing in the fourth quarter of 2026 and continuing through the end of the second quarter of 2029.
The Order is subject to the Company’s standard terms and conditions, including, among other things, product warranty.
Next Vision Stabilized Systems Ltd.
Signed by: Chen Golan, Chairman of the Board
1 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.
2 The Customer is an existing customer of the Company.