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An announcement from Critical Infrastructure Technologies Ltd. ( (TSE:CTTT) ) is now available.
Critical Infrastructure Technologies Ltd. announced the resignation of Mr. Richard Paolone from its Board of Directors, effective December 9, 2025. This change comes as the company is transitioning from research and development to commercializing its first product, the Nexus 16, aimed at enhancing telecommunications in mining, emergency services, and defense sectors. The resignation may impact the company’s strategic direction as it moves towards product commercialization.
More about Critical Infrastructure Technologies Ltd.
Critical Infrastructure Technologies Ltd., listed on the CSE, operates out of Perth, Western Australia, focusing on creating autonomous, high-capacity, rapidly deployable technology for essential services. The company targets the mining, emergency services, and defense sectors with its Nexus 16 product, which provides critical mobile telecommunications. Utilizing patented technologies, CiTech’s self-deploying platform addresses limitations in current communication solutions by enhancing tower strength and deployment speed, supporting various technology payloads.
Average Trading Volume: 399,296
Technical Sentiment Signal: Buy
Current Market Cap: C$76.19M
See more insights into CTTT stock on TipRanks’ Stock Analysis page.