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Icetana secures major SoftBank deal for Tokyo expansion
Icetana secures major SoftBank deal for Tokyo expansion

Icetana secures major SoftBank deal for Tokyo expansion

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Perth-based AI surveillance specialist Icetana (ASX:ICE) secured a commercial milestone through a new purchase order from its strategic partner and major shareholder, SoftBank Robotics Group.

The deal, valued at approximately US$176,450, involves the deployment of icetana’s self-learning security software for the Japan Reliance Service.

RSC, a building management and security firm listed on the Tokyo Stock Exchange, manages large-scale complexes across major Tokyo districts, including Ikebukuro, Marunouchi, and Hibiya.

The agreement is structured as a Software-as-a-Service contract to be billed over a 12-month period.

The deal represents a substantial boost to Icetana's financial trajectory, providing a 10% increase to the company’s current annual recurring revenue.

The partnership follows a late-2025 alliance between SoftBank Robotics and RSC, which saw the former become the third-largest shareholder in the Japanese security veteran.

RSC intends to integrate Icetana's AI technology into its existing portfolio of facilities and include the software in future service proposals for new developments.

Full deployment is scheduled to be completed by Aug. 31, marking a pivotal expansion for Icetana within the Japanese market.

CEO Kevin Brown noted that the order underscores the growing demand for automated, intelligent surveillance solutions in high-density urban environments.

At the time of reporting, Icetana's share price was $0.039.

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