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The latest update is out from Ava Risk Group Ltd. ( (AU:AVA) ).
Ava Risk Group’s BQT Solutions division has signed a five-year agreement with UniKey Technologies to co-develop a new range of NFC/BLE access control readers. This partnership is expected to generate $4.6 million in revenue for BQT and positions the company as a key hardware partner in the rapidly growing mobile-first access control market. The agreement provides BQT with exclusive supply rights in North America and global distribution rights, enhancing its market reach and ensuring predictable revenue streams.
The most recent analyst rating on (AU:AVA) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Ava Risk Group Ltd. stock, see the AU:AVA Stock Forecast page.
More about Ava Risk Group Ltd.
Ava Risk Group is a global leader in providing technologies and services to protect critical and high value assets and infrastructure. It operates three business segments: Detect, Access, and Illuminate.
Average Trading Volume: 302,337
Technical Sentiment Signal: Sell
Current Market Cap: A$19.19M
Learn more about AVA stock on TipRanks’ Stock Analysis page.