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StradVision, Inc. KRW 1.9 billion front-camera recognition deal with Aptiv extended to February 2027

StradVision, Inc.· Single Sales/Supply ContractAmended

AI summary · Not investment advice

StradVision, Inc. moved the end date of its KRW 1.9 billion recognition solution contract with Aptiv, signed in July, from November 3 to February 1 next year.

Contract amount

KRW 1.9 billion

10.7% of recent revenue; USD 1,325,737.9

Key facts

Counterparty
AptivShareholder of the company
Contract details
Supply of front-camera-based recognition solutions
% of revenue
10.7%
Contract period
Jul 27, 2026 – Feb 1, 2027End date changed from 2026.11.03; end date is invoice date + 90 days
Recent revenue
KRW 18.1 billion
Supply region
India
Contract date
Jul 27, 2026
Payment terms
90 days from the invoice dateNo down payment or advance

Commentary

AI commentary · Not investment advice

What happened

StradVision has changed the end date of its contract to deliver a recognition solution to Aptiv. The solution uses front cameras to recognize surroundings, and it is supplied for India. The contract is worth KRW 1.9 billion (USD 1,325,737.9). The end date moved from November 3, 2026 to February 1, 2027. The customer's final acceptance letter arrived late, so the invoice was only sent on November 3. The contract ends 90 days after the invoice date.

In the company's terms

The contract amount equals 10.7% of recent revenue of KRW 18.1 billion. Payment is due within 90 days of the invoice, with no down payment or advance. Aptiv is also a shareholder of StradVision.

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