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ROCKETDNA LTD. Interim / Quarterly Report 2025

Jul 29, 2025

65709_rns_2025-07-29_e225821e-cdcf-4b2e-8a46-534f39c4c710.pdf

Interim / Quarterly Report

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ASX Announcement

June 2025 Quarterly Activities Report

HIGHLIGHTS

Existing Customers Scaling

  • Land and Expand strategy proving successful as autonomous flights in Australia rose 97% quarter-on-quarter, as existing customers expand flight frequency and leverage RocketDNA’s automated data processing capabilities

  • New Mining Application Vertical for xBot® tailings dam monitoring solution at BHP’s Prominent Hill mine yielding results

  • Trial commenced at Tier 1 Coal Mine in Queensland’s Bowen Basin, providing daily automated survey and operations monitoring capabilities

  • Second government security site launched in early July, expanding RocketDNA’s footprint in public infrastructure surveillance

Global Reach Expanding:

  • 3 new xBots delivered to Kamoa Copper in the Democratic Republic of Congo (DRC), following the successful December 2024 deployment

  • Two stages of a three-stage paid conveyor monitoring trial completed for Continental at a PNG mine site

  • PO received from Millennial Potash for RocketDNA’s largest drone-based LiDAR survey to date in Gabon, Africa

  • ROC in Perth now fully operational, enabling 24/7 remote piloting and autonomous operations across Australia and international sites

  • RocketDNA’s proprietary SiteTube® software platform, providing real-time visualisation and integration for automated GIS data processing and reporting, now integrated with all xBot® deployments, adding benefits for all customers.

30 July 2025, RocketDNA Ltd (ASX: RKT ) ( RocketDNA or the Company ) is pleased to provide its June 2025 Quarterly Activities Report.

RocketDNA recorded $1.665 million in revenue (unaudited) for the June 2025 Quarter, consistent with Q1 2025 ($1.661 million) and representing a 4% decrease on Q2 2024 ($1.743 million). This reflects the planned conclusion of several legacy African contracts, offset by continued momentum in Australia, increased hardware and xBot® service revenue.

RocketDNA’s strategic focus remains on high-margin, recurring revenue growth through scalable autonomous solutions, with a vision of its xBot® on-site hardware platform, SiteTube® delivery software and automated data processing as an international industry standard. Operational scaling is now fully supported by the Company’s Remote Operating Centre (ROC), which is delivering 24/7

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autonomous flight operations across multiple geographies. Further detail on cash flows is provided in the accompanying Appendix 4C.

Commenting on the March quarter, RocketDNA MD & CEO Christopher Clark said:

“Our H1 for 2025 has been incredibly successful in many respects. The adoption and overall response from customers have exceeded our expectations, resulting in trial projects converting into paid customers as well as ‘landed’ clients now expanding their scope via the ordering of additional units or further integration via our AI & GIS tool set.

This quarter confirms our strategy is working. Our team continues to demonstrate that automation is not just a concept but a scalable, value-driving reality for some of the world’s most sophisticated mining operators. What was once a proof-of-concept is now turning into long-term contracts, standardising autonomous drone operations across multiple Tier-1 sites, and expanding the xBot® footprint across Australia, Africa and beyond. I’m proud of our execution and excited by what lies ahead.”

Commercial and Operational Update

Existing Customers Expanded Services with Automation

Several existing Tier-1 customers expanded their engagement with RocketDNA during the quarter, increasing both the frequency and complexity of automated drone operations. Key developments included:

  • Enhanced use of the xBot® platform at BHP’s Prominent Hill site, where tailings dam monitoring transitioned into daily automated flight operations under an updated supply agreement.

  • Across Australia, operational xBot® systems recorded a 97% increase in flight activity compared to the previous quarter, reflecting customers’ growing reliance on RocketDNA for post-blast surveys, oversight flights, and time-critical data gathering.

  • Software adoption also expanded, with more sites integrating RocketDNA’s SiteTube® visualisation platform to ensure consistency of data across assets and improve site-wide decision-making.

  • Renewing customers continued to standardise workflows using RocketDNA solutions, highlighting the Company’s role as a trusted, long-term automation partner.

Australian Market – New Customers

RocketDNA secured multiple new clients in Australia, further expanding its domestic footprint and demonstrating growing demand for autonomous drone solutions. Notable highlights included:

  • A new deployment at a Tier 1 Mine in Queensland’s Bowen Basin, marking RocketDNA’s first major presence in that region. The updated xBot® system, including DJI Dock 3 integration, was installed as part of an initial trial.

  • Vault Minerals (KOTH, WA) – Post end of quarter, RocketDNA secured an 18-month aerial data services contract with Vault Minerals (Greenstone Resources WA) for the King of the Hills (KOTH) gold mine. (Refer ASX Announcement 3 July 2025.) The agreement builds on

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RocketDNA’s existing relationship and reflects Vault’s confidence in RocketDNA’s remote and on-site drone capabilities. The contract combines autonomous flight operations via xBot® and SurveyBot, integrated with RocketDNA’s SiteTube® platform and automated data processing workflows. Services have commenced with the aggregate contract having a TCV of ~$705k and ARR of ~$470k.

  • A second major government infrastructure site was prepared and launched in early July, extending RocketDNA’s role in remote surveillance services.

  • Overall, xBot® rental and service revenue in Australia rose 55% quarter-on-quarter, underpinned by new deployments and increased customer demand.

Global Reach

Following the successful operations of RocketDNA’s first xBot export to an international mining customer ( 3 December 2024 ASX Announcement), a further 3 xBot units were ordered, manufactured and delivered to Kamoa Copper in the Democratic Republic of Congo (DRC) during quarter 2. The package includes further ongoing training and support functions delivered from RocketDNA’s facilities in Johannesburg. Kamoa Copper is a joint venture between Ivanhoe Mines, Zijin Mining Group, Crysal River Global Limited and the DRC Government. This multiple-unit deployment is demonstrative of the scalability of the xBot solution for large mines and the growing demand for data that RocketDNA is experiencing for all xBots once they are operating on customer sites, as the customers themselves identify additional data requirements.

During the quarter, RocketDNA completed the first 2 visits of a 3-stage conveyor monitoring trial for Continental on a mine site in Papua New Guinea (PNG). This is the second paid trial RocketDNA has undertaken in partnership with Continental, with a third in the pipeline. The solution uses infrared drone data to determine changes in conveyor bearing temperatures for predictive maintenance, ultimately preventing conveyor breakdowns. The data gathering process is automated using an xBot with highly accurate and repeatable drone positioning and data fed through automatically to Continental’s AI system for analysis.

Planning commenced for the largest drone-based LiDAR survey ever to be carried out by RocketDNA, with a purchase order being received from Millennial Potash to fly more than 150km² at their facility in Gabon, Africa. Similar to the requirements for PNG, RocketDNA’s experience in obtaining regulatory approval for flying in international locations provides a competitive advantage in winning this type of work and underscores our ability to unlock value across the global mining industry.

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Remote Operating Centre (ROC) – Supporting Scalable, Always-On Delivery

RocketDNA has now fully completed and commissioned its flagship Remote Operating Centre (ROC) in Osborne Park, Perth, Western Australia. This purpose-built facility is now operating 24/7 and provides the backbone for RocketDNA’s global autonomous mission delivery capability.

The ROC enables remote piloting, monitoring, and control of xBot® systems across Australia and international markets, including support for Beyond Visual Line of Sight (BVLOS) operations in full compliance with CASA regulations. It is integrated with RocketDNA’s proprietary AI-driven mission management and data delivery platforms.

The establishment of this facility significantly enhances RocketDNA’s operational scalability and service efficiency, enabling the Company to deliver real-time autonomous drone operations without on-site personnel, while maintaining high standards of safety, compliance, and data quality.

For investors, the ROC represents a critical enabler of margin expansion and long-term value creation. By centralising remote operations, RocketDNA can scale service delivery rapidly across multiple Tier1 mining and government clients, while maintaining a lean operating footprint. The facility also serves as a customer engagement hub, supporting demonstrations, trials, and the onboarding of multi-site deployments.

The ROC plays a key role in delivering the next phase of RocketDNA’s growth — supporting global standardisation of the xBot® platform and accelerating the transition to recurring, high-margin software revenue.

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Advisory Board Announcement

Post the end of the Quarter, RocketDNA announced the formation of a Strategic Advisory Board comprising three accomplished professionals with expertise spanning capital markets, automation, clean energy, and international commercialisation. (Refer ASX Announcement 9 July 2025.) This development aligns with RocketDNA’s next phase of global growth.

Key Points:

  • The Advisory Board provides strategic input on capital strategy, robotics, and international expansion

  • Appointees include Michael Spencer (ex-Stacked Farm CCO), Helena Lang (former aviation and infrastructure executive), and Todd Peate (CEO of Jevons Robotics, former Orica and Bis Industries executive)

  • Appointments strengthen RocketDNA’s credibility and reach across mining, defence, infrastructure, and institutional investment sectors

The Advisory Board will contribute non-governance guidance to support RocketDNA’s strategy to scale revenue and secure global commercial partnerships.

Cash and Appendix 4C

RocketDNA recorded $1.665 million in unaudited revenue for the June 2025 Quarter, flat vs Q1 2025 ($1.661 million), and down 4% on the prior corresponding period (Q2 2024: $1.743 million).

As of 30 June 2025, RocketDNA held a cash balance of $1.744m, (31 March 2025: $2.850m).

Net cash used in operating activities increased to $577k versus $266k in the March quarter. The most significant driver of this change was the timing of customer receipts; strong revenue in the last month of quarter two combined with normal payment terms pushed trade debtors up by $280k from 31 March 2025, noting that quarter 2 unaudited revenue was in line with quarter 1.

Net cash used in investing activities increased to $749k versus $510k in the March quarter. Payments for the fit-out of the new ROC concluded in the quarter, combined with continued investment into xBot® capital equipment inventory and software development in line with the intended use of funds from the 2024 capital raising.

Net cash from financing activities was a $150k inflow, which included drawdown of loans and leasing utilised to partially fund xBot® equipment, net of regular debt payments.

As per item 6.1 of the Appendix 4C, payments to related parties and their associates totalled $165k, including $67k for Chris Clark's director fees, $20k for a related party, $61k for Paul Williamson's CFO services, and $17k for David Morton's director fees.

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Outlook

RocketDNA enters the next quarter with growing confidence and strategic clarity:

  • xBot® is gaining traction within Tier-1 mining, with multiple units operating a various trial stages across multiple customers, and strong interest expressed in expanding that number.

  • Locking xBot® into contracts, repeat outright purchases and site flight-hour growth is demonstrating strong customer validation

  • Further trials with government entities continue to show promise.

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-ENDS-

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This announcement has been authorised for release by the Board of RocketDNA Ltd.

For information, please contact: Christopher Clark Mark Flynn Managing Director & CEO Investor Relations [email protected] [email protected] +61 (0)8 6245 9194 +61 (0) 416 068 733

RocketDNA Ltd (ASX: RKT) is a multinational drone-based data service and technology provider, listed on the ASX, offering aerial surveying, mapping, security, surveillance, and asset inspection for enterprise customers in the mining, agricultural, and engineering sectors. Through fully-outsourced, AI-driven solutions, RocketDNA remotely operates drone systems, enabling customers to focus on ground operations while ensuring fast data turnaround. The company generates revenue through multi-year contracts and short-term projects with major clients, including Tier 1 and Tier 2 miners such as Rio Tinto, BHP, South32, Newmont, Vault Minerals, and Seriti Coal. RocketDNA operates primarily in Australia and Africa, with regional offices in Perth, Johannesburg, and Accra.

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Rule 4.7B

Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B

Name of entity

ROCKETDNA LIMITED

ABN Quarter ended (“current quarter”) 17 618 678 701 30 June 2025

30 June 2025

Consolidated statement of cash flows Current quarter
$A’000
Year to date
(6 months)
$A’000
1.
Cash flows from operating activities
1.1
Receipts from customers
1.2
Payments for
(a) research and development
(b) product manufacturing and operating
costs
(c) advertising and marketing
(d) leased assets
(e) staff costs
(f)
administration and corporate costs
1.3
Dividends received (see note 3)
1.4
Interest received
1.5
Interest and other costs of finance paid
1.6
Income taxes (paid)/received
1.7
Government grants and tax incentives
1.8
Other (provide details if material)
1.9
Net cash from / (used in) operating
activities
1,720
-
(578)
(70)
(51)
(899)
(690)
-
4
-
(13)
-
-
3,712
-
(1,010)
(161)
(79)
(1,824)
(1,448)
-
11
-
(45)
-
1
(577) (843)

ASX Listing Rules Appendix 4C (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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Rule 4.7B

2.
Cash flows from investing activities
2.1
Payments to acquire or for:
(a) entities
(b) businesses
(c) property, plant and equipment
(d) investments
(e) intellectual property
(f)
other non-current assets
2.2
Proceeds from disposal of:
(a) entities
(b) businesses
(c) property, plant and equipment
(d) investments
(e) intellectual property
(f)
other non-current assets
2.3
Cash flows from loans to other entities
2.4
Dividends received (see note 3)
2.5
Other (return of office rental deposits)
2.6
Net cash from / (used in) investing
activities
-
-
(712)
-
-
(49)
-
-
13
-
-
-
(1)
-
-
-
-
(1,163)
-
-
(130)
-
-
31
-
-
-
(4)
-
7
(749) (1,259)
3.
Cash flows from financing activities
3.1
Proceeds from issues of equity securities
(excluding convertible debt securities)
3.2
Proceeds from issue of convertible debt
securities
3.3
Proceeds from exercise of options
3.4
Transaction costs related to issues of
equity securities or convertible debt
securities
3.5
Proceeds from borrowings
3.6
Repayment of borrowings
3.7
Transaction costs related to loans and
borrowings
3.8
Dividends paid
3.9
Other (provide details if material)
3.10
Net cash from / (used in) financing
activities
-
-
-
-
294
(144)
-
-
-
400
-
-
(37)
294
(279)
-
-
-
150 378

ASX Listing Rules Appendix 4C (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B

4.
4.1
4.2
4.3
4.4
4.5
4.6
Net increase / (decrease) in cash and
cash equivalents for the period
Cash and cash equivalents at beginning of
period
Net cash from / (used in) operating
activities (item 1.9 above)
Net cash from / (used in) investing activities
(item 2.6 above)
Net cash from / (used in) financing activities
(item 3.10 above)
Effect of movement in exchange rates on
cash held
Cash and cash equivalents at end of
period
2,850
(577)
(749)
150
70
3,406
(843)
(1,259)
378
62
1,744 1,744
5.
Reconciliation of cash and cash
equivalents
at the end of the quarter (as shown in the
consolidated statement of cash flows) to the
related items in the accounts
Current quarter
$A’000
Previous quarter
$A’000
5.1
Bank balances
5.2
Call deposits
5.3
Bank overdrafts
5.4
Other (provide details)
5.5
Cash and cash equivalents at end of
quarter (should equal item 4.6 above)
1,738
6
-
-
2,800
50
-
-
1,744 2,850
6.
Payments to related parties of the entity and their
associates
Current quarter
$A'000
6.1
Aggregate amount of payments to related parties and their
associates included in item 1
165
6.2
Aggregate amount of payments to related parties and their
associates included in item 2
-
Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an
explanation for, such payments.
165
-

ASX Listing Rules Appendix 4C (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B

7.
7.1
7.2
7.3
7.4
7.5
7.6
Financing facilities
Note: the term “facility’ includes all forms of financing
arrangements available to the entity.
Add notes as necessary for an understanding of the
sources of finance available to the entity.
Total facility
amount at quarter
end
$A’000
Amount drawn at
quarter end
$A’000
Loan facilities
320
320
Credit standby arrangements
29
11
Other (see below)
733
733
Total financing facilities
1,082
1,064
Unused financing facilities available at quarter end
18
Include in the box below a description of each facility above, including the lender, interest
rate, maturity date and whether it is secured or unsecured. If any additional financing facilities
have been entered into or are proposed to be entered into after quarter end, include a note
providing details of those facilities as well.
Total facility
amount at quarter
end
$A’000
Amount drawn at
quarter end
$A’000
320 320
29 11
733 733
1,082 1,064
8. Estimated cash available for future operating activities $A’000
8.1
8.2
8.3
8.4
8.5
8.6
Net cash from / (used in) operating activities (item 1.9)
(577)
Cash and cash equivalents at quarter end (item 4.6)
1,744
Unused finance facilities available at quarter end (item 7.5)
18
Total available funding (item 8.2 + item 8.3)
1,762
Estimated quarters of funding available (item 8.4 divided by
item 8.1)
3.05
Note: if the entity has reported positive net operating cash flows in item 1.9, answer item 8.5 as “N/A”. Otherwise, a
figure for the estimated quarters of funding available must be included in item 8.5.
If item 8.5 is less than 2 quarters, please provide answers to the following questions:
8.6.1
Does the entity expect that it will continue to have the current level of net operating
cash flows for the time being and, if not, why not?
(577)
1,744
18
1,762
N/A
8.6.2
Has the entity taken any steps, or does it propose to take any steps, to raise further
cash to fund its operations and, if so, what are those steps and how likely does it
believe that they will be successful?
N/A

ASX Listing Rules Appendix 4C (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B

  • 8.6.3 Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis?

N/A

Note: where item 8.5 is less than 2 quarters, all of questions 8.6.1, 8.6.2 and 8.6.3 above must be answered.

Compliance statement

  • 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.

  • 2 This statement gives a true and fair view of the matters disclosed.

Date: 30 July 2025

Authorised by: .By the board

(Name of body or officer authorising release – see note 4)

Notes

  1. This quarterly cash flow report and the accompanying activity report provide a basis for informing the market about the entity’s activities for the past quarter, how they have been financed and the effect this has had on its cash position. An entity that wishes to disclose additional information over and above the minimum required under the Listing Rules is encouraged to do so.

  2. If this quarterly cash flow report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 107: Statement of Cash Flows apply to this report. If this quarterly cash flow report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standard applies to this report.

  3. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.

  4. If this report has been authorised for release to the market by your board of directors, you can insert here: “By the board”. If it has been authorised for release to the market by a committee of your board of directors, you can insert here: “By the [ name of board committeeeg Audit and Risk Committee ]”. If it has been authorised for release to the market by a disclosure committee, you can insert here: “By the Disclosure Committee”.

  5. If this report has been authorised for release to the market by your board of directors and you wish to hold yourself out as complying with recommendation 4.2 of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations , the board should have received a declaration from its CEO and CFO that, in their opinion, the financial records of the entity have been properly maintained, that this report complies with the appropriate accounting standards and gives a true and fair view of the cash flows of the entity, and that their opinion has been formed on the basis of a sound system of risk management and internal control which is operating effectively.

ASX Listing Rules Appendix 4C (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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