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The latest announcement is out from Critical Infrastructure Technologies Ltd. ( (TSE:CTTT) ).
Critical Infrastructure Technologies Ltd. has signed a Confidentiality Agreement with DroneShield Limited to integrate Counter-Unmanned Aerial Systems (C-UAS) into its Nexus 20 platform, as requested by the Ukrainian Ministry of Defence. This collaboration, alongside agreements with Babcock International, Nokia, and Ericsson, aims to deliver a secure and resilient defense system, enhancing CiTech’s industry positioning by offering a unique integrated defense capability.
More about Critical Infrastructure Technologies Ltd.
Critical Infrastructure Technologies Ltd. (CiTech), listed on the CSE and based in Perth, Australia, develops autonomous, high-capacity mobile communications platforms. The company targets sectors such as mining, defense, border security, and emergency services with its Nexus 16 product, which provides critical mobile telecommunications solutions. CiTech’s self-deploying platform addresses limitations in current communication solutions, focusing on strength and rapid deployment capabilities.
Average Trading Volume: 334,201
Technical Sentiment Signal: Buy
Current Market Cap: C$17.01M
Find detailed analytics on CTTT stock on TipRanks’ Stock Analysis page.