Highlights

  • RocketBoots said first US stores have begun installing its AI loss-prevention platform for a tier-one multinational retailer.
  • The company issued an invoice of EUR 84,445, approximately A$138,000, for cloud activation and the first installations.
  • The five-year SaaS agreement is described by RocketBoots as covering about 40% of the retailer's global store network.
  • RocketBoots said the phased global rollout is scheduled for completion within 24 months.

RocketBoots Limited (ASX:ROC) is an ASX-listed technology company that applies mathematics, computer science and Machine Learning to retail and retail-banking Business problems. On 6 October 2026, the company said installation had begun in the first US stores for a tier-one multinational retailer using its AI loss-prevention platform, marking the move from preparation into deployment.

First US Installations Underway

RocketBoots said the retailer has started installing its loss-prevention software in selected US stores. The customer was not named in the announcement. The company stated that integration with the retailer's self-checkout hardware, cameras, point-of-sale system and user interface has been completed.

The deployment is cloud-based, and RocketBoots said its own staff do not need to visit stores for installation. The company has invoiced EUR 84,445, or approximately A$138,000, for activation of the cloud infrastructure and the first store installations. The announcement did not state when the invoice is payable or when subsequent invoices will be issued.

Contract Structure and Revenue Framework

Two agreements support the rollout. RocketBoots described the first as a software-as-a-service agreement with a five-year term and automatic one-year extensions. The company said this agreement covers deployment across approximately 40% of the customer's global store network and represents about A$9.1 million of annual Recurring Revenue at full deployment.

A separate Activation Contract covers the phased rollout across the customer's global locations. RocketBoots said this represents approximately A$3.3 million of non-recurring activation revenue, to be recognised progressively as deployment advances. These figures are company-stated contract values rather than cash already received.

Deployment Schedule and Current Limits

RocketBoots said the global rollout will be completed in phases over 24 months. The announcement did not disclose the number of stores already installed, the total size of the retailer's network, the countries included in each phase or the agreed price per store. As a result, the pace of revenue recognition will depend on how quickly stores go live under the rollout plan.

The company also did not identify the retailer or provide a timetable for further invoices. The annual recurring revenue figure is approximate and is linked to deployment across the stated portion of the customer's store network, so the timing of recognised revenue will follow the progress of installations.

What to Watch Next

The next operational milestone is continued phased installation, beginning with the United States and extending across the customer's global locations. Future company updates may provide additional detail on deployment progress, further invoicing and revenue recognition as the rollout advances.

Key Insights

The 6 October 2026 update moves RocketBoots from integration and preparation into initial live deployment for this customer. The announcement establishes that first US installations have started, an initial invoice has been issued and a 24-month global rollout schedule is in place. However, the customer remains unnamed and store-level deployment details have not been disclosed, so progress will need to be assessed through subsequent company reporting.