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IN BRIEF: CyanConnode inks follow-on contract worth over USD1 million

28th Oct 2024 21:01

CyanConnode Holdings PLC - Cambridge, England-based developer of narrowband radio frequency mesh networks - Secures follow-on order worth over USD1 million for cellular gateways in the Middle East and North Africa region. This contract builds upon the initial MENA order for this project, which was announced in August 2022.

Executive Chair John Cronin says: "We are delighted to have secured this follow-on order, which builds on our previous successes in the MENA region. This order significantly strengthens our relationship with this valued customer, further supporting our global business expansion and enhancing our revenue visibility."

Current stock price: 13.00 pence

12-month change: up 41%

By Holly Beveridge, Alliance News senior reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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