First Launchpad Software License Purchase Order

Summary by AI BETAClose X

Nexteq plc has announced its first customer win for its new Launchpad gaming software, securing an initial software license purchase order from an established Asian game developer. This order includes Launchpad software licenses and gaming hardware computing platforms, with the customer expected to deploy land-based gaming content in H2 2026, leading to ongoing software revenues. The company anticipates this new customer relationship could generate up to $1 million in annual revenue, combining software license fees and hardware sales, and is progressing discussions with additional prospective customers.

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Nexteq PLC
13 February 2026
 

The information contained within this announcement is deemed by the Company to constitute inside information pursuant to Article 7 of EU Regulation 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 as amended.

13 February 2026

Nexteq plc

("Nexteq" or the "Group")

First Launchpad Software License Purchase Order

Nexteq (AIM: NXQ), a leading technology solutions provider to customers in selected industrial markets, is pleased to announce it has secured its first customer win and initial software license purchase order for its recently launched Gaming Software platform, Launchpad.

 

The order, received from a new customer to Quixant, which is an established Asian game developer, includes Launchpad software licences together with its gaming hardware computing platforms. The customer will use Launchpad to support the deployment of its land-based gaming content into a new market, which is expected to commence in H2 2026 and will lead to ongoing software revenues.

 

This marks the first commercial software-led sale for Quixant, the Group's gaming brand, following the official launch of Launchpad at the ICE Barcelona 2026 tradeshow last month. Launchpad provides a ready-made software foundation for land-based casino gaming, helping customers manage regulatory requirements, security and game operations, while integrating seamlessly with Quixant's hardware platforms.

 

The win demonstrates how Launchpad enhances Quixant's value proposition by combining software and hardware into a single, integrated solution. By simplifying compliance and technical complexity, Launchpad enables customers to focus on developing and delivering their gaming content to market more efficiently.

 

The Group continues to see strong engagement following ICE Barcelona and is progressing discussions with additional prospective customers. Nexteq looks forward to providing further updates as Launchpad adoption builds.

 

Duncan Faithfull, Chief Executive Officer of Nexteq plc, commented: "We are delighted to secure our first Launchpad customer so soon after its official launch.

 

For over 20 years, Quixant has created market leading software solutions for the Gaming industry, and Launchpad is true innovation which allows our partners to focus on developing brilliant games and launch new products faster.  This initial order highlights the strength of our unique integrated hardware and software offering and demonstrates the commercial opportunity created by expanding into software-led solutions.

 

The Board believes this new customer relationship has the potential to become another $1m revenue per year customer, including both ongoing software license revenues alongside our gaming hardware platform sales.

 

We are encouraged by the level of customer interest following ICE and look forward to updating the market as Launchpad continues to gain traction."

 

 

 

 

 

Nexteq plc

Carol Thompson, Non-Executive Chair

Duncan Faithfull, Chief Executive Officer

Matt Staight, Chief Financial Officer

 

Tel: +44 (0)1223 892 696

Nominated Adviser and Broker:

Cavendish Capital Markets Ltd

Matt Goode / Edward Whiley (Corporate Finance)

Tim Redfern / Harriet Ward (Corporate Broking)

 

Tel: +44 (0) 20 7220 0500

Financial PR:

Alma Strategic Communications

Hilary Buchanan / Emma Thompson

Tel: +44 (0)20 3405 0205

 

About Nexteq

Nexteq (AIM: NXQ) is a strategic technology solutions provider to customers in selected industrial markets. Through innovative technology solutions, it enables manufacturers of global electronic equipment to outsource the design, development, and supply of non-core aspects of their product offering. By outsourcing elements of their technology stack to Nexteq, customers can focus their product development effort on the most critical drivers of their business' success.

The Group operates in six countries and services over 500 customers worldwide, and its solutions are delivered through a global sales team and leverage the Group's electronic hardware, software, display and mechanical engineering expertise. Our Taiwan operation is at the heart of Asian supply networks and facilitates cost effective manufacturing and strategic supply chain management.

Nexteq operates two distinct brands: Quixant, a specialised computer platforms provider, and Densitron, leaders in human machine interface. Founded in 2005 and later floating on the London Stock Exchange's AIM stock market as Quixant plc, the Group rebranded to Nexteq in 2023.

Further information on Nexteq and its divisions can be found at www.nexteqplc.com.

 

 

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