RocketBoots Limited (ASX: ROC) has secured a five-year agreement with a tier-one multinational retailer to deploy its AI-driven loss-prevention platform across about 40% of the customer’s global store network, a deal the company says will be transformational for its business. According to the Stockhead report, the contract includes automatic annual extensions and agreed pricing for potential expansion to the remaining store footprint. [1][2][3][4]

The contract is forecast to generate approximately A$9.1 million in annual recurring revenue once rolled out, representing roughly a tenfold increase on RocketBoots’ current ARR levels. Newshub and The Motley Fool’s coverage add that initial installations are planned to commence in the first quarter of 2026, providing a timetable for the commercial rollout. [1][2][4]

RocketBoots’ cloud-based platform converts existing in-store video infrastructure into real-time operational intelligence, aimed at reducing shrink, optimising staffing and improving service at self-checkout. The company said its solution was selected after a competitive tender, with advantages cited including superior computer-vision performance, customisable customer experience and confidence gained from a successful trial. Industry summaries echoed the selection rationale and framed the deal as strategic validation of RocketBoots’ technology and delivery model. [1][3]

The agreement follows a period of successful trials and partnership activity earlier in 2025. Company announcements summarised by TipRanks noted a completed multinational retailer trial in the March 2025 quarter, an extended contract with a major Australian bank, a partnership with Gebit Solutions for international reach and a A$4 million capital raise that included a strategic stake from Bombora Investment Management. TipRanks also records a proposed securities issue in May 2025 as part of broader financing activity. [5][6]

CEO Joel Rappolt welcomed the win, saying in Stockhead’s report: "This contract represents a major strategic milestone for RocketBoots and validates our software, our delivery model, and our team’s capability to serve the world’s most sophisticated retail environments," he said. "We look forward to partnering closely with this customer as we progress deployment and support their global store network. This marks the beginning of a new global growth chapter for RocketBoots, giving us significant confidence to convert further opportunities in our advanced pipeline and beyond." [1]

With a visible pipeline the company says exceeds multiple times the value of this contract, RocketBoots positions the deal as the start of a shift from pilots to large-scale rollouts across Europe, the UK, the US, Australia and New Zealand. Analysts and market write-ups frame the agreement as both a revenue inflection point and commercial validation that should accelerate geographic expansion and contracted revenue growth over the next 12–24 months, subject to execution of the planned deployments. [1][3][4][5]

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##Reference Map:

  • [1] (Stockhead) - Paragraph 1, Paragraph 2, Paragraph 3, Paragraph 5, Paragraph 6
  • [2] (Newshub Medianet) - Paragraph 1, Paragraph 2
  • [3] (SmallCaps) - Paragraph 1, Paragraph 3, Paragraph 6
  • [4] (The Motley Fool Australia) - Paragraph 1, Paragraph 2, Paragraph 6
  • [5] (TipRanks) - Paragraph 4, Paragraph 6
  • [6] (TipRanks) - Paragraph 4

Source: Noah Wire Services