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Critical Infrastructure Technologies Ltd. ( (TSE:CTTT) ) has shared an update.
Critical Infrastructure Technologies Ltd. has signed a Non-Disclosure Agreement with Siemens Government Technologies, Inc., a subsidiary of Siemens AG, to facilitate confidential exchanges of technical and commercial information. This agreement aims to explore potential collaborations on CiTech’s Nexus platform by integrating Siemens’ technologies, enhancing energy resilience, field communications, and infrastructure security for defense and government applications. The partnership aligns with CiTech’s strategy to build international collaborations, accelerating the integration of advanced capabilities into their products, thereby enhancing operational flexibility for global government and defense clients.
More about Critical Infrastructure Technologies Ltd.
Critical Infrastructure Technologies Ltd. (CiTech) is a company listed on the CSE and operates out of Perth, Western Australia. It focuses on developing autonomous, high-capacity, rapidly deployable technology solutions for sectors such as mining, defense, border security, surveillance, and emergency services. Its flagship product, the Nexus 16, is designed to provide critical mobile telecommunications and is equipped with patented technologies for self-deployment and operation in challenging environments.
Average Trading Volume: 508,473
Technical Sentiment Signal: Buy
Current Market Cap: C$97.96M
Learn more about CTTT stock on TipRanks’ Stock Analysis page.