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Critical Infrastructure Technologies Ltd. ( (TSE:CTTT) ) has provided an update.
Critical Infrastructure Technologies Ltd. has signed an expanded Memorandum of Understanding with Babcock International Group to co-develop and build a rapidly deployable platform that integrates 5G communications, intelligence, surveillance and reconnaissance, and counter-drone capabilities, broadening the original agreement focused on Ukraine to now cover all of Europe and Southeast Asia. The enlarged regional scope, driven by perceived demand for CiTech’s Nexus 20 platform, signals a significant widening of the company’s addressable defence and security market, with EU-wide demonstrations scheduled to begin in April 2026 and the partnership potentially strengthening CiTech’s positioning as a key supplier of mobile communications and ISR solutions to allied militaries and security agencies.
More about Critical Infrastructure Technologies Ltd.
Critical Infrastructure Technologies Ltd. (CiTech), listed on the CSE and based in Perth, Western Australia, develops autonomous, high‑capacity, rapidly deployable mobile communications platforms. Its technology targets mining, defence, border security, surveillance and emergency services, with its Nexus series designed to deliver critical mobile telecommunications and support payloads such as LTE, surveillance and anti-drone systems via a patented self-deploying platform that addresses tower strength and rapid deployment challenges.
Average Trading Volume: 355,320
Technical Sentiment Signal: Buy
Current Market Cap: C$106.7M
For a thorough assessment of CTTT stock, go to TipRanks’ Stock Analysis page.