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Beonic Secures Landmark Contract with North African Airport Authority

Story Highlights
  • Beonic wins AU$15.2 million contract to deploy LiDAR technology in North African airports.
  • The contract strengthens Beonic’s market position and supports expansion into EMEA.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Beonic Secures Landmark Contract with North African Airport Authority

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SkyFii Limited ( (AU:BEO) ) has shared an announcement.

Beonic Pty Ltd has secured a significant contract with a North African airport authority to deploy its LiDAR-based passenger flow technology across seven major international airports. This contract, valued at AU$15.2 million, marks Beonic’s strategic entry into the North African aviation market and is set to enhance its global market-leading position. The deployment will begin with a technical proof-of-concept at the nation’s primary international airport, followed by a full rollout within 12 months. This initiative is strategically timed ahead of a major international sporting event in 2030, reinforcing Beonic’s role at the forefront of airport technology and setting the foundation for further expansion into EMEA and other emerging markets.

More about SkyFii Limited

Beonic Pty Ltd is a global leader in LiDAR-based passenger flow technology, focusing on optimizing airport operations and enhancing traveler experiences. The company is known for its innovative solutions in passenger flow management, serving major international airport hubs worldwide.

Average Trading Volume: 31,197

Technical Sentiment Signal: Sell

Current Market Cap: A$15.7M

See more insights into BEO stock on TipRanks’ Stock Analysis page.

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