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Avante Wins Ontario Police Contract for Advanced Gunshot Detection System

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Avante Wins Ontario Police Contract for Advanced Gunshot Detection System

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The latest announcement is out from Avante Logixx ( (TSE:XX) ).

Avante Corp. has secured a deployment agreement with a regional police force in Ontario for its Gunshot Detection system across three undisclosed high-crime locations, integrating its Human-in-the-Loop monitoring technology to support faster, more accurate responses to gun-related incidents. The contract underscores growing public-sector demand for advanced, infrastructure-light security technologies, strengthens Avante’s recurring revenue base, and positions the company to deepen its relationship with law enforcement agencies while showcasing the scalability and performance of its broader security ecosystem.

The most recent analyst rating on (TSE:XX) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Avante Logixx stock, see the TSE:XX Stock Forecast page.

Spark’s Take on TSE:XX Stock

According to Spark, TipRanks’ AI Analyst, TSE:XX is a Neutral.

The overall stock score is primarily influenced by financial performance challenges, particularly in profitability and cash flow, despite a stable balance sheet. Technical analysis provides a positive outlook with bullish momentum, but valuation concerns due to a negative P/E ratio and lack of dividend yield weigh down the score.

To see Spark’s full report on TSE:XX stock, click here.

More about Avante Logixx

Avante Corp. is a Toronto-based provider of security personnel and technology-enabled security solutions for residential and commercial clients, with a particular focus on high-net-worth families and corporations. Listed on the TSX Venture Exchange, the company offers a diversified security platform that leverages advanced detection technologies and strategic acquisitions to deliver mission-critical security services globally.

Average Trading Volume: 15,711

Technical Sentiment Signal: Buy

Current Market Cap: C$29.05M

For detailed information about XX stock, go to TipRanks’ Stock Analysis page.

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