UK & German Deals Target A$1.6m in First Year
Released
Released
Announcement PDF
ASX Announcement | 10 November 2026
Spacetalk Ltd (ASX:SPA)
Spacetalk signs UK and German agreements
targeting over A$1.6 million in hardware sales
Highlights
• Spacetalk has signed sales representation agreements with TIOGO Limited (“TIOGO”) in the
United Kingdom and upsell digital GmbH trading as VALOQ.DE (“VALOQ”) in Germany,
expanding its European go-to-market capabilities.
• Combined agreed, non-binding sales targets exceed A$1.6 million in the first 12 months
following signing of the respective agreements, measured as net wholesale hardware revenue
received by Spacetalk.
• Both agreements commence immediately following signing and cover Spacetalk’s entire
current and future smartwatch range.
• All incremental mobile connectivity and App subscription revenue is excluded from the A$1.6
million hardware sales target. No subscription revenue forecast is disclosed.
• Device sales create opportunities to introduce entire households to Spacetalk’s family safety
ecosystem, including premium App services such as Online Safety and 24/7 emergency
monitoring, subject to availability in each market.
Spacetalk Ltd (ASX:SPA) has signed sales representation agreements with TIOGO in the United
Kingdom and VALOQ in Germany, establishing local commercial partnerships to expand access
to Spacetalk’s connected devices in both markets.
Spacetalk and its partners have agreed combined, non-binding sales targets expected to
generate in excess of A$1.6 million in net wholesale hardware revenue received by Spacetalk
during the first 12 months following signing of the respective agreements. The target excludes all
incremental mobile connectivity and App subscription revenue.
Expanding Spacetalk’s presence in the UK and Germany
TIOGO will provide sales representation in the United Kingdom, while VALOQ will provide sales
representation in Germany. Both partners will support market development, commercial
engagement and the development of relevant sales and distribution channels for Spacetalk
devices.
The agreements commence immediately following signing and cover Spacetalk’s entire current
and future smartwatch range. They provide local commercial capabilities to support ongoing
device sales and future product introductions.
Hardware sales targets for the first 12 months
Under the agreements, Spacetalk and each partner have established sales targets for their
respective markets. The combined targets exceed A$1.6 million in hardware revenue received by
Spacetalk over the first 12 months following signing of the respective agreements.
The targets are measured as net wholesale revenue to Spacetalk from device sales. They exclude
all incremental revenue from mobile connectivity, App subscriptions and premium family safety
services.
The agreed targets are non-binding and do not represent minimum purchase commitments or
guaranteed revenue. Actual performance will depend on customer demand, channel
development, product availability and market execution.
Hardware sales create recurring subscription opportunities
Spacetalk’s connected devices provide an entry point into the Company’s broader family safety
platform. A smartwatch purchase can establish an initial relationship with a household through
device connectivity and the Spacetalk App, creating opportunities for ongoing engagement
through mobile subscriptions and additional software services.
The UK and German partnerships are expected to expand the number of households accessible
through Spacetalk’s family safety ecosystem. These relationships create opportunities to
introduce services to additional family members, including parents, children and older family
members, beyond the original smartwatch user.
Premium App services such as Online Safety and 24/7 emergency monitoring form part of this
broader household opportunity. Subscription outcomes will depend on customer activation, the
availability of services in each market and ongoing customer take-up.
Any mobile connectivity and App subscription revenue generated through the UK and German
partnerships will be incremental to, and excluded from, the combined first-year hardware sales
target. No forecast for incremental subscription revenue is disclosed.
Building an international household acquisition platform
The agreements support Spacetalk’s strategy to broaden international distribution while growing
recurring subscription revenue alongside its hardware business. By expanding access to devices
through local commercial partners, the Company aims to increase hardware sales and establish
a larger base of households engaging with its digital services.
The arrangements also provide a platform for future Spacetalk devices, with the potential to
extend household relationships through mobile connectivity, premium App subscriptions and
additional family safety services where available.
Management comment
Spacetalk CEO and Managing Director Simon Crowther said:
“These agreements represent an important step in expanding Spacetalk’s international reach. By
partnering with local sales organisations in the United Kingdom and Germany, we are creating
new opportunities to bring Spacetalk devices to more families.”
“The combined, non-binding first-year hardware sales target of more than A$1.6 million provides a
clear commercial objective for these partnerships. That target relates to net wholesale hardware
revenue to Spacetalk alone and excludes the additional recurring revenue opportunities
associated with mobile connectivity and App subscriptions.”
“Our strategy is to use connected devices as an entry point into the wider household. As more
families adopt Spacetalk products, we have the opportunity to extend those relationships through
premium family safety services, including Online Safety and 24/7 emergency monitoring, subject
to service availability in each market.”
“This supports our ambition to build an international family safety business, combining broader
hardware distribution with growing recurring subscription revenue.”
This announcement has been authorised for release by the Board of Directors of Spacetalk Ltd.
For further information or investor enquiries: investors@spacetalk.co
Simon Crowther | CEO and Managing Director
spacetalk.co | investorhub.spacetalk.co
About Spacetalk Ltd
Spacetalk Ltd (ASX:SPA) develops and sells hardware and software to provide safety at every stage of life.
Its family safety offering brings together kids smartwatches, Spacetalk Mobile and the Spacetalk App. To
learn more, visit spacetalk.co.
Forward looking statements
This announcement contains forward-looking statements based on the Company’s current expectations, estimates
and projections. The combined first-year hardware sales target of more than A$1.6 million is based on agreed, non-
binding sales targets under the UK and German sales representation agreements and does not constitute a
guaranteed revenue commitment or minimum purchase obligation.
Actual hardware sales will depend on factors including market demand, channel development, product availability
and execution by the Company’s sales partners. Incremental mobile connectivity and App subscription revenue will
depend on customer activation, service availability in each market and ongoing customer take-up. All incremental
mobile and App subscription revenue is excluded from the hardware sales target, and no subscription revenue
forecast is disclosed.
Forward-looking statements are not guarantees of future performance and actual outcomes may differ materially.
Spacetalk undertakes no obligation to update these statements except as required by law.
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