First US store installations begin under tier-one retailer rollout
RocketBoots (ASX: ROC) has confirmed that first store installations have commenced in the USA under its agreement with a tier-one multinational retailer (the “Customer”). The update marks a shift from contract award to execution for the company’s AI loss-prevention platform.
An invoice of €84,445 (approximately A$138,000) has been issued to the Customer for activation of RocketBoots’ cloud infrastructure in the USA and installation of the first stores. The Australian dollar figure is the equivalent at the exchange rate at the time of the announcement.
The cloud infrastructure will be used to support all of the Customer’s sites in the USA. Integration of RocketBoots’ software into the Customer’s self-checkout technology stack is complete.
Key points from the update:
- First store installations under the tier-one retailer agreement have commenced in the USA
- An invoice of €84,445 (approximately A$138,000) has been issued for cloud infrastructure activation and the first stores
- The cloud infrastructure will support all of the Customer’s USA sites
- Integration with the Customer’s self-checkout technology stack is complete
RocketBoots stated that the Customer’s identity is not information a reasonable person would expect to have a material effect on the price of its securities. The company moves from contract award to billable execution with this invoice.
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From contract awards to installation: the path so far
The contracted foundation
The Customer is the counterparty to both the SaaS agreement and the Activation Contract. The table below sets out the agreements and the latest invoice as separate line items.
| Agreement | Announced | Value (at time of original announcement) | Nature | Term/recognition |
|---|---|---|---|---|
| SaaS agreement | 18 December 2025 | Approximately A$9.1 million | Annual recurring revenue once rolled out | Five-year term with automatic one-year extensions |
| Activation Contract | 30 March 2026 | Approximately A$3.3 million | Non-recurring activation revenue | Recognised progressively as stores are deployed |
| Latest invoice | 6 October 2026 | €84,445 (approximately A$138,000) | Activation of cloud infrastructure and first stores | Issued to the Customer |
The agreements provide for deployment of RocketBoots’ AI loss-prevention platform, initially across approximately 40% of the Customer’s global store network, with the solution operating as a component of self-checkout.
Preparation phase completed
On 5 August 2026, the company updated the market on the work required after the contract awards. This covered integration with the Customer’s self-checkout hardware, cameras, point of sale and user interface, and the establishment of project teams, global planning and steering to support a global rollout.
That preparatory work is now complete.
Joel Rappolt, Chief Executive Officer
“That phase is complete, and it is a milestone for RocketBoots. We are through the preparation and into installation…”
How AI loss prevention at self-checkout works
AI loss prevention uses video analytics, which is software that analyses camera footage, to turn in-store video into decisions. RocketBoots describes its approach as turning in-store and in-branch video into decisions that reduce loss, lower operating costs and improve service.
In this rollout, the solution operates as a component of self-checkout. Because the software is cloud-based, it runs on remote infrastructure rather than on equipment installed and managed at each site.
Per the announcement, deployment remains fully cloud-based and does not require store visits by RocketBoots staff. This is the feature that supports scalability across a multi-site network.
What the rollout means for investors and what comes next
Investment significance
The first stores, in the USA, will give the Customer the opportunity to revise and improve rollout processes. Further rollout across the Customer’s global store network will be undertaken in phases, and the cloud-based approach means deployment does not require store visits by RocketBoots staff.
The scope is initially approximately 40% of the Customer’s global store network. The approximately A$9.1 million of annual recurring revenue is expected once rolled out, so it is not current revenue.
The €84,445 invoice is a small initial step, but it shows the contracts moving into billable activity.
Beyond the retail rollout, RocketBoots has been building a second commercial track in banking, where a Mexican bank trial was declared successful in September 2026 and rollout discussions have since commenced with a multinational consulting partner.
Next steps
The announcement points to the following sequence:
- Initial US installations and process refinement by the Customer
- Phased rollout across the Customer’s global store network
- Progressive recognition of activation revenue as stores are deployed
The announcement’s forward-looking statements reference the Customer’s schedule for the rollout to complete in 24 months. This is forward-looking and depends on risks, uncertainties and assumptions outside RocketBoots’ control, including the Customer’s own decisions and processes.
With integration complete and the first US stores being installed, RocketBoots has moved from preparation into delivery. The coming phases of the rollout will show how that momentum carries across the Customer’s network.
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