NextVision Receives Two Purchase Orders Totaling $14.4M

The Company hereby announces that, on August 6, 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 11.7 million (excluding VAT) (hereinafter: the “Order” and the “Consideration,” respectively).

Furthermore, on the same date, the Company received an additional order from a third party, which is not related to the Company and/or its interested parties (the “Additional Customer”)², for the purchase of the Company’s cameras and accessories, for a total consideration of approximately US$2.7 million (excluding VAT) (the “Additional Order” and the “Consideration for the Additional Order”, respectively).

(The Order and the Additional Order shall hereinafter be referred to collectively as the “Orders”).

20% of the consideration under each of the Orders was paid as an advance payment. The remaining consideration under each of the Orders shall be paid prior to the delivery of the products to the Customer and the Additional Customer, as applicable, in accordance with the schedule agreed upon by the parties. The Company is expected to deliver the products under both Orders by the end of the fourth quarter of 2026.

The Orders are subject to the Company’s standard terms and conditions, including, among other things, product warranty.

It is hereby clarified that the commencement of product deliveries to the customers under both Orders is subject to the receipt of a regulatory approval with respect to each of the Orders, which has not yet been obtained. The Company will duly report the fulfillment of the aforesaid condition precedent.