RocketBoots (ASX:ROC) has signed a landmark agreement with a tier-one multinational retailer to deploy its AI-driven loss-prevention solution across approximately 40% of the customer's global store network.
The five-year contract, with automatic one-year extensions, is valued at approximately $9.1 million in annual recurring revenue and is expected to deliver more than a tenfold increase to RocketBoots' current ARR once fully rolled out.
The deal follows a competitive global tender, with RocketBoots’ solution selected for its superior computer vision performance, customisable customer experience, and proven implementation capabilities.
The initial rollout is scheduled for Q1 2026, with the potential to expand to the retailer's remaining stores under pre-agreed pricing terms.