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
Further to the Company’s immediate report dated March 13, 20252, regarding an order received from an existing customer of the Company in the total amount of approximately USD 30 million (the “Total Consideration”), the Company hereby announces that on November 19, 2025, the condition precedent was fulfilled, whereby regulatory approval was obtained for the transaction in respect of USD 2.7 million out of the Total Consideration (the “Current Consideration” and the “Current Order,” respectively).
In addition, and contrary to what was stated in the previous immediate report, 50% of the Current Consideration will be paid to the Company as an advance prior to delivery. The remaining balance of the Current Consideration will be paid within 30 days from the date on which the Company issues an invoice for each shipment of products, in accordance with the agreed delivery schedule between the parties. The Company will deliver the Current Order by the end of the first quarter of 2026.
Except as stated above, there has been no change in the terms of the agreement as defined in the previous immediate report. It is clarified that the condition precedent regarding the remainder of the order has not yet been fulfilled.
Respectfully, 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 Reference No.: 2025-01-016909, the contents of which are hereby incorporated by reference into this immediate report (the “Previous Immediate Report”).
To:
- Tel Aviv Stock Exchange Ltd. (TASE) – www.tase.co.il
- Israel Securities Authority (ISA) – www.isa.gov.il
Subject: Receipt of purch
The Company hereby announces that on November 9, 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 of the Company, for a total consideration of approximately USD 2 million (excluding VAT) (hereinafter: the “Order” and the “Consideration”, respectively).
The payment shall be made within 30 days from the date the company issues the invoice for each shipment of products, in accordance with the timelines agreed upon by the parties. The company shall deliver the order according to the agreed timelines by the end of the first quarter of 2026.
The order is subject to the company’s terms and conditions, including, among other things, product warranty.
Respectfully,
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 new client of the Company.
,NextVision officially joins the TA-35 Index today after its share price increased by more than 2,600% since its IPO
Between 2021 and 2024, the Company’s revenues grew by 664% with a continuous improvement in profitability and gross margins reaching over 72%.
Ra’anana, Israel – November 6, 2025 – NextVision Stabilized Systems Ltd. (TASE: NXSN), a leading technology growth company developing, manufacturing, and marketing advanced stabilized day-and-night imaging solutions for aerial and ground platforms, announced today that its shares will be added to the Tel Aviv-35 Index (TA-35), an index which includes the 35 largest public companies traded on the Tel Aviv Stock Exchange.
NextVision’s inclusion in Israel’s flagship index marks a significant milestone for the company, which went public just four and a half years ago. Since its IPO, the Company’s share price has increased by more than 2,600%, reflecting investor confidence in the Company and consistent operational growth. Between 2021 and 2024, NextVision’s revenues increased by 664%, while gross profitability improved to over 72%.
Chen Golan, Chairman of NextVision, commented: “Joining the TA-35 Index in less than five years since our IPO is an exciting and symbolic moment for NextVision. It represents how far we’ve come in a very short time — and the confidence the market places in us. We reached this milestone thanks to our proprietary technology, hard work, determination, and the dedication of every one of our employees.”
“The substantial $414 million capital raise we completed in September 2025 will allow us to continue our growth momentum — by expanding our production capacity to meet rising demand from customers worldwide and through strategic acquisitions that will drive continued expansion.”
“At the same time, we are deepening our presence in key international markets. NextVision has grown at a remarkable pace of several hundred percent since its IPO, maintaining exceptionally high profitability thanks to our flagship products. We plan to continue leading the global market through the development of breakthrough products while operating responsibly, modestly, and with a constant drive for excellence — building a leading Israeli technology company with global impact.”
About NextVision Stabilized Systems Ltd.
NextVision is a leading technology company specializing in stabilized imaging systems for aerial and ground platforms, including micro and mini UAVs and drones. The company offers customers a comprehensive imaging solution encompassing a wide range of cameras, complementary accessories, and integrated capabilities for commercial, industrial, and security applications — positioning NextVision as a true ‘one-stop shop’.
NextVision has developed a patented image stabilization engine that enables the production of high-performance stabilized cameras with world-class size-to-weight ratios. This technology ensures stable, high-quality imagery even in demanding flight conditions. The company markets its products worldwide and continues to experience steady growth in its global customer base.
International Investor Relations
Ehud Helft
EK Global Investor Relations
(US) +1 212 378 8040
,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.
THIS ANNOUNCEMENT, INCLUDING THE APPENDICES, AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICE SECTION OF THIS ANNOUNCEMENT.
NextVision announces the pricing of its global offering of ordinary shares
RA’ANANA, Israel, September 16, 2025 — Next Vision Stabilized Systems Ltd. (TASE: NXSN) (NextVision) announces today the pricing of its global offering to international and Israeli institutional investors of 9,500,000 ordinary shares through a bookbuilding process at a price per share of NIS 146, raising NIS 1,387,000,000 (approx. $413.7 million) gross proceeds. NextVision intends to use the proceeds from the global offering to fund strategic growth initiatives, including the pursuit of potential mergers and acquisitions aligned with its core business areas, for general working capital and corporate purposes and to invest in research and development programs. The offering was made pursuant to offering documents filed with the Israel Securities Authority and is expected to settle on September 17, 2025, subject to customary closing conditions. The shares are expected to begin trading on The Tel-Aviv Stock Exchange Ltd. on September 18, 2025. NextVision’s ordinary shares are listed on the TASE under the ticker symbol “NXSN”.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Jefferies is acting as Sole Global Coordinator in the offering and Leader is acting as Local Coordinator.
About NextVision
NextVision is a technology company engaged in the development, manufacturing and marketing of stabilized day and night imaging solutions for ground and aerial platforms, such as micro and mini unmanned aerial vehicles and drones. NextVision sells its products to systems providers, which ultimately sell their products to end-users across the defense, civil and commercial markets.
Important Notice
The securities referred to in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (Securities Act) or under the securities laws of any state of the United States, and may not be offered, sold, resold or delivered, directly or indirectly, in or into the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. In the United States, any offer of the ordinary shares will be made only to “qualified institutional buyers” as defined in and in reliance on Rule 144A under the Securities Act or another available exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Outside the United States, any offer will be made in accordance with Regulation S of the Securities Act.
This announcement does not constitute a recommendation concerning any investor’s investment decision with respect to the global offering. Recipients of this announcement should conduct their own investigation, evaluation and analysis of the business, data and other information described in this announcement. This announcement does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in NextVision’s securities. The price and value of securities can go down as well as up and investors may not get back the full amount invested upon the disposal of the shares. Past performance is not a guide to future performance. The contents of this announcement are not to be construed as legal, business, financial or tax advice. Each investor or prospective investor should consult with his or her or its own legal adviser, business adviser, financial adviser or tax adviser for legal, business, financial or tax advice.
Any indication in this announcement of the price at which NextVision’s shares have been bought or sold in the past cannot be relied upon as a guide to future performance. Persons needing advice should consult an independent financial adviser. No statement in this announcement is intended to be a profit forecast or profit estimate for any period and no statement in this announcement should be interpreted to mean that earnings, earnings per share or income, cash flow from operations or free cash flow for NextVision for the current or future financial periods would necessarily match or exceed the historical published earnings, earnings per share or income, cash flow from operations or free cash flow for NextVision.
Forward looking statement
The information included in this press release contains, or may be deemed to contain, forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about NextVision, which are difficult to predict, including regarding the completion of the offering, the satisfaction of customary closing conditions related to the offering and the intended use of the net proceeds from the offering. Therefore, actual future results, performance and trends may differ materially from these forward looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which NextVision operates or sells, including Israel and the United States among others, including the duration and scope of the current war in Israel, and the potential impact on NextVision’s operations; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. All
forward-looking statements in this press release are based on information available to NextVision on the date hereof. All written or oral forward-looking statements attributable to NextVision are expressly qualified in their entirety by the factors referred to above. The factors listed above are not all-inclusive. Moreover, neither NextVision nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. NextVision does not intend to update these forward-looking statements, except as required by applicable law.
THIS ANNOUNCEMENT, INCLUDING THE APPENDICES, AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICE SECTION OF THIS ANNOUNCEMENT.
NextVision announces the launch of a global offering of ordinary shares
Ra’anana, Israel, September 15, 2025 — Next Vision Stabilized Systems Ltd. (TASE: NXSN) (NextVision) announces today that it intends to pursue a global offering of ordinary shares to international and Israeli institutional investors through a bookbuilding process. The offering will be made pursuant to offering documents filed with the Israel Securities Authority. NextVision intends to raise gross proceeds of approximately $400 million in the offering. The offer price and the final number of new shares in the offering will be determined through a bookbuilding process (the Bookbuilding) as part of the offering. The Bookbuilding for the offering will open with immediate effect and can close at any time. The offer price and allocation will be determined after the close of the Bookbuilding at NextVision’s discretion. The result of the offering, the offer price and the total number of new shares are expected to be announced as soon as practicable thereafter in a NextVision announcement. NextVision intends to use the proceeds from the global offering to fund strategic growth initiatives, including the pursuit of potential mergers and acquisitions aligned with its core business areas, for general working capital and corporate purposes and to invest in research and development programs. NextVision’s ordinary shares are listed on The Tel-Aviv Stock Exchange Ltd. under the ticker symbol “NXSN”.
In connection with the offering, NextVision, the members of its board of directors and certain officers have agreed to undertake a lock-up commitment for 90 calendar days following the date hereof, subject to certain customary exceptions and exemptions.The offering is subject to market conditions and other factors, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Jefferies is acting as Sole Global Coordinator in the offering and Leader is acting as Local Coordinator.
About NextVision
NextVision is a technology company engaged in the development, manufacturing and marketing of stabilized day and night imaging solutions for ground and aerial platforms, such as micro and mini unmanned aerial vehicles and drones. NextVision sells its products to systems providers, which ultimately sell their products to end-users across the defense, civil and commercial markets.
Important Notice
The securities referred to in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (Securities Act) or under the securities laws of any state of the United States, and may not be offered, sold, resold or delivered, directly or indirectly, in or into the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. In the United States, any offer of the ordinary shares will be made only to “qualified institutional buyers” as defined in and in reliance on Rule 144A under the Securities Act or another available exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Outside the United States, any offer will be made in accordance with Regulation S of the Securities Act.
This announcement does not constitute a recommendation concerning any investor’s investment decision with respect to the global offering. Recipients of this announcement should conduct their own investigation, evaluation and analysis of the business, data and other information described in this announcement. This announcement does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in NextVision’s securities. The price and value of securities can go down as well as up and investors may not get back the full amount invested upon the disposal of the shares. Past performance is not a guide to future performance. The contents of this announcement are not to be construed as legal, business, financial or tax advice. Each investor or prospective investor should consult with his or her or its own legal adviser, business adviser, financial adviser or tax adviser for legal, business, financial or tax advice.
Any indication in this announcement of the price at which NextVision’s shares have been bought or sold in the past cannot be relied upon as a guide to future performance. Persons needing advice should consult an independent financial adviser. No statement in this announcement is intended to be a profit forecast or profit estimate for any period and no statement in this announcement should be interpreted to mean that earnings, earnings per share or income, cash flow from operations or free cash flow for NextVision for the current or future financial periods would necessarily match or exceed the historical published earnings, earnings per share or income, cash flow from operations or free cash flow for NextVision.
Forward looking statement
The information included in this press release contains, or may be deemed to contain, forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about NextVision, which are difficult to predict, including regarding the completion of the offering, the satisfaction of customary closing conditions related to the offering and the intended use of the net proceeds from the offering. Therefore, actual future results, performance and trends may differ materially from these forward looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which NextVision operates or sells, including Israel and the United States among others, including the duration and scope of the current war in Israel, and the potential impact on NextVision’s operations; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. All forward-looking statements in this press release are based on information available to NextVision on the date hereof. All written or oral forward-looking statements attributable to NextVision are expressly qualified in their entirety by the factors referred to above. The factors listed above are not all-inclusive. Moreover, neither NextVision nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. NextVision does not intend to update these forward-looking statements, except as required by applicable law.
,Next Vision Continues it’s Momentum with a Series of Significant Transactions
Since the beginning of the year, the company has reported 20 deals with a total value of approximately $101 million.
Ra’anana, Israel – August 24, 2025 – Next Vision Stabilized Systems (TASE: NXSN), a technology growth company that develops, manufactures, and markets stabilized day and night imaging solutions for ground and aerial platforms such as micro and mini UAVs and drones, with one of the best weight/size-to-performance ratios in the world, today announced the receipt of two additional orders from existing customers for the purchase of cameras and other products of the company for a total consideration of approximately $5.1 million.
Chen Golan, Chairman of NextVision:“ “We are pleased to report two additional orders totaling approximately $5.1 million. In total, NextVision has reported new deals amounting to approximately $11.6 million in the past two weeks — a figure that demonstrates the growing demand and increasing confidence in the company’s solutions from customers worldwide. This sequence of transactions supports our growth targets for 2025, in which we set an ambitious revenue goal of $160 million. As part of our preparation, we are investing in expanding production capacity, strengthening our supply chain, and deepening our presence in strategic markets. These capabilities enable us to respond quickly to significant orders and continue to establish NextVision as a leading global supplier.”
- First order: approximately $2.1 million. 25% of the consideration was paid as an advance. The balance will be paid prior to each delivery of products to the customer, according to the agreed schedule. The company will supply this order during the fourth quarter of 2025.
- Second order: approximately $3 million. Around 20% of the consideration was paid in advance at the time of the order. An additional 10% will be paid by September 25, 2025. The balance will be paid prior to each delivery of products to the customer, according to the agreed schedule. The company will deliver this order in installments as agreed with the customer, and no later than the end of the first quarter of 2026.
Since the beginning of the year, Next Vision has reported 20 transactions for the sale of cameras and accessories, each valued at over $2 million. The total of these transactions amounts to approximately $101 million.
Earlier this month, the company reported its financial results for the second quarter of 2025, showing revenues that grew by approximately 32% to $37 million, and net profit of approximately $23.2 million. In December 2024, the company announced its annual revenue target for 2025 of $160 million.
About NextVision Stabilized Systems Ltd.
Next Vision is a leading technology company in the stabilized camera market for ground and aerial platforms. It offers customers advanced imaging solutions based on a wide range of cameras, accessories, and AI capabilities for commercial, industrial, and security applications—providing a true one-stop shop. The company has developed a patented image stabilization engine, enabling the production of stabilized cameras with one of the best size/weight-to-performance ratios globally. This solution delivers stable imagery even in challenging conditions. Next Vision markets its products worldwide, with consistent growth in its customer base.
International Investor Relations
Ehud Helft
EK Global Investor Relations
(US) +1 212 378 8040
,Next Vision Reports Second Deal This Week:
Additional Order Valued at Approximately $4.1 Million, Following a Deal Announced Yestreday valued at Approximatly $2.5m
Since the beginning of the year, the company has reported 18 deals with a total value of approximately $96.1 million.
Ra’anana, Israel – August 14, 2025 – Next Vision Stabilized Systems Ltd. (TASE: NXSN), a leading technology growth company that develops, manufactures, and markets stabilized day and night imaging solutions for ground and aerial platforms—such as micro and mini UAVs and drones—with one of the best weight/size-to-performance ratios in the world, announced two significant orders this week totaling approximately $6.6 million.
Chen Golan, Chairman of NextVision:“We are pleased to announce a second order this week, worth $4.1 million—further proof of the strong demand for our products and the deep confidence in our capabilities, which is leading to an expansion of our customer base across various geographies. These orders join the record results we reported this week for the second quarter of 2025, in which the company posted 32% revenue growth, and it supports our ambitious 2025 revenue target of $160 million. NextVision is well-positioned to quickly fulfill even large-scale orders, as part of implementing our growth plan to expand production capacity and deepen our global presence.”
On August 14, 2025, Next Vision reported an order valued at approximately $4.1 million for its cameras and other products. Fifteen percent (15%) of the consideration was paid in advance, with the balance due within 30 days from the shipment date. Deliveries will take place in the fourth quarter of 2025, in accordance with the schedule agreed with the customer.
The day before, on August 13, 2025, the company announced another order valued at approximately $2.5 million. Thirty percent (30%) of the consideration was paid in advance, with the balance payable within 45 days from shipment. This order will be fully delivered by the end of 2025.
Since the beginning of the year, Next Vision has reported 18 transactions—each worth more than $2 million—for the sale of cameras and related accessories, with a combined value of approximately $96.1 million.
Earlier this week, the company reported its financial results for the second quarter of 2025. The results show that the company’s revenues grew by approximately 32% in Q2 2025, reaching about $37 million, and that net profit stood at approximately $23.2 million. In December 2024, the company announced an annual growth target for 2025 of $160 million in revenue.
About NextVision Stabilized Systems Ltd.
Next Vision is a leading technology company in the stabilized camera market for ground and aerial platforms. It offers customers advanced imaging solutions based on a wide range of cameras, accessories, and AI capabilities for commercial, industrial, and security applications—providing a true one-stop shop. The company has developed a patented image stabilization engine, enabling the production of stabilized cameras with one of the best size/weight-to-performance ratios globally. This solution delivers stable imagery even in challenging conditions. Next Vision markets its products worldwide, with consistent growth in its customer base.
International Investor Relations
Ehud Helft
EK Global Investor Relations
(US) +1 212 378 8040
,NextVision Reports Continued Rapid Growth and Record Results for Q2 2025
- Company revenues grew by approximately 32%, reaching about $37 million
- Gross profit increased by about 32%, reaching $26.5 million
- Net profit rose by approximately 46%, reaching $23.2 million
- Order backlog remained high at $110.4 million, as of the report date
Ra’anana, Israel – August 11, 2025 – NextVision Stabilized Systems Ltd. (TASE: NXSN), a technology growth company that develops, manufactures, and markets stabilized day and night imaging solutions for ground and aerial platforms—such as micro and mini UAVs and drones—with one of the best weight/size-to-performance ratios in the world, today reported its financial results for the second quarter of 2025, reflecting continued rapid and profitable growth, in line with company forecasts.
Management Comment
Chen Golan, Chairman and Founder of Next Vision: “We closed the second quarter of 2025 with double-digit growth in both revenues and profitability, continuing to reflect strong demand for our products and the broad trust of our customers worldwide. Ongoing investment in innovation and the development of advanced solutions enables us to maintain a leading position in the market and deliver significant added value to our customers.”
Continued Mr. Golan, “Despite many challenges, the company succeeded during the ’12-day war’ with Iran in maintaining high operational continuity. During the operation, Israel’s airspace was closed for two weeks, causing delays and postponements in some customer deliveries. Once the operation ended and the airspace reopened, most of the goods were released and shipped to our customers.”
“The company continues to see high demand worldwide and is investing significant resources to meet the ambitious sales target set by the Company’s board—$160 million in sales in 2025. We continue to lead the market through innovation, reliability, and outstanding performance, while maintaining competitive pricing,” concluded Mr. Golan.
Financial Results Highlights
Revenues in the second quarter of 2025 totaled approximately $37 million, an increase of about 32% compared to revenues of approximately $28 million in the same quarter last year. In the first half of 2025, revenues totaled $73.2 million, an increase of about 32% compared to revenues of $55.2 million in the first half of last year.
The Company’s order backlog remained high, totaling $110.4 million as of the report date. The number of active customers in the first half of the year grew to 154 compared to 137 active customers in the corresponding period last year.
The Company’s gross profit in the second quarter of 2025 totaled $26.6 million (approximately 72% of total revenues), an increase of about 32% compared to a gross profit of $20.1 million in the same quarter last year. In the first half of 2025, gross profit was $53 million (approximately 72% of total revenues), an increase of about 35% compared to $39.3 million in the first half of 2024.
The company’s operating profit in the second quarter of 2025 totaled $23 million (approximately 62% of total revenues), an increase of about 27% compared to operating profit of $18.1 million in the same quarter last year. In the first half of 2025, operating profit totaled $45.2 million, an increase of 33% compared to operating profit of $34 million in the first half of 2024.
Net profit in the second quarter of 2025 grew to approximately $23.2 million (approximately 63% of total revenues), an increase of about 46% compared to net profit of $15.9 million in the same quarter last year. Net profit in the first half of the year was $43.8 million, an increase of 44% compared to net profit of $30.4 million in the first half of 2024.
Cash flow from operating activities – During the second quarter, the company generated approximately $5.5 million from operating activities. In the quarter, the company used cash to make significant inventory purchases as part of its risk-reduction policy and commitment to rapid, continuous delivery of products to its customers, alongside continued expansion of its operations. In addition, the increase in accounts receivable due to delayed deliveries at the end of June, caused by the war with Iran also affected the cash flow.
Shareholders’ equity stood at approximately $153.5 million as of the end of the second quarter of 2025, representing about 84% of the balance sheet total.
About NextVision Stabilized Systems Ltd.
Next Vision is a leading technology company in the stabilized camera market for ground and aerial platforms. It offers customers advanced imaging solutions based on a wide range of cameras, accessories, and AI capabilities for commercial, industrial, and security applications—providing a true one-stop shop. The company has developed a patented image stabilization engine, enabling the production of stabilized cameras with one of the best size/weight-to-performance ratios globally. This solution delivers stable imagery even in challenging conditions. Next Vision markets its products worldwide, with consistent growth in its customer base.
International Investor Relations
Ehud Helft
EK Global Investor Relations
(US) +1 212 378 8040
NextVision Stabilized Systems Ltd.
Comprehensive Statement of Income
| US$ thousands, except per share data | Six months ended June 30, | Three months ended June 30, | Year ended December 31, | |||||||
| 2025 | 2024 | 2025 | 2024 | 2024 | ||||||
| Revenues | 73,243 | 55,278 | 37,080 | 28,055 | 114,934 | |||||
| Cost of revenues | (20,198) | (15,933) | (10,523) | (7,917) | (32,044) | |||||
| Gross profit | 53,045 | 39,345 | 26,557 | 20,138 | 82,890 | |||||
| Research and development expenses | (2,276) | (1,199) | (1,324) | (480) | (2,517) | |||||
| Selling & marketing | (877) | (901) | (430) | (418) | (1,639) | |||||
| General and administrative expenses | (4,682) | (3,185) | (1,795) | (1,112) | (5,730) | |||||
| (7,835) | (5,285) | (3,549) | (2,010) | (9,886) | ||||||
| Operating income | 45,210 | 34,060 | 23,008 | 18,128 | 73,004 | |||||
| Finance expenses | (152) | (188) | (120) | (97) | (430) | |||||
| Finance income | 4,089 | 1,934 | 2,159 | 1,024 | 4,330 | |||||
| Income before tax | 49,147 | 35,806 | 25,047 | 19,055 | 76,904 | |||||
| Taxes on income | (5,351) | (5,383) | (1,824) | (3,178) | (10,508) | |||||
| Net income | 43,796 | 30,423 | 23,223 | 15,877 | 66,396 | |||||
| Other comprehensive loss | (16) | |||||||||
| Total comprehensive income | 43,796 | 30,423 | 23,223 | 15,877 | 66,380 | |||||
| Net income per share ($): | ||||||||||
| Basic net income | 0.5416 | 0.3837 | 0.2860 | 0.1999 | 0.8332 | |||||
| Diluted net income | 0.5218 | 0.3646 | 0.2752 | 0.1883 | 0.8024 | |||||
NextVision Stabilized Systems Ltd.
CONDENSED CONSOLIDATED BALANCE SHEETS
| US$ thousands | As of June 30, 2025 | As of June 30, 2024 | As of Dec. 31, 2024 | |||
| (Unaudited) | (Unaudited) | (Audited) | ||||
| Current assets | ||||||
| Cash and cash equivalents | 42,580 | 89,138 | 74,708 | |||
| Short-term deposits | 67,424 | – | 47,903 | |||
| Trade receivables | 17,560 | 8,508 | 6,374 | |||
| Current income tax receivable | 516 | – | 1,054 | |||
| Other receivables and debit balances | 4,819 | 1,929 | 1,840 | |||
| Inventories | 40,628 | 16,846 | 22,386 | |||
| Total current assets | 173,527 | 116,421 | 154,265 | |||
| Non-current assets | ||||||
| Property, plant and equipment | 872 | 458 | 749 | |||
| Right-of-use assets | 3,187 | 559 | 514 | |||
| Intangible assets | 4,415 | 2,928 | 3,628 | |||
| Total non-current assets | 8,474 | 3,945 | 4,891 | |||
| Total assets | 182,001 | 120,366 | 159,156 | |||
| Current liabilities | ||||||
| Trade payables and service providers | 10,078 | 6,085 | 5,842 | |||
| Current income tax payable | – | 640 | – | |||
| Other payables and credit balances | 14,191 | 12,920 | 15,024 | |||
| Total current liabilities | 24,269 | 19,645 | 20,866 | |||
| Non-current liabilities | ||||||
| Employee benefit obligations | 114 | 91 | 114 | |||
| Deferred taxes | 515 | 290 | 373 | |||
| Lease liabilities | 3,540 | 197 | 111 | |||
| Total non-current liabilities | 4,169 | 578 | 598 | |||
| Equity | ||||||
| Share capital and premium | 47,112 | 43,184 | 43,194 | |||
| Share-based payment reserve | 5,402 | 2,465 | 4,047 | |||
| Retained earnings | 101,049 | 54,494 | 90,451 | |||
| Total equity | 153,563 | 100,143 | 137,692 | |||
| Total liabilities and equity | 182,001 | 120,366 | 159,156 |
NextVision Stabilized System Ltd.
(“The Company”)
June 16, 2025
To:
- Tel Aviv Stock Exchange Ltd. (TASE) – www.tase.co.il
- Israel Securities Authority (ISA) – www.isa.gov.il
Subject: Receipt of Order
Further to the company’s immediate report dated April 3, 2025¹, the company hereby announces that on June 15, 2025, the company received an updated order from the customer, according to which the customer increased the order by an additional amount of approximately USD 7.77 million. As a result, the total consideration for the order now amounts to approximately USD 13.77 million (excluding VAT).
It should be clarified that the remaining terms of the order remain unchanged, including the payment terms and delivery schedule.
Signed by:
NextVision Stabilized Systems Ltd
Chen Golan, Chairman of the Board
¹ Reference number: 2025-01-024475 – the content of which is hereby incorporated by reference into this immediate report.
,