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An announcement from Critical Infrastructure Technologies Ltd. ( (TSE:CTTT) ) is now available.
Critical Infrastructure Technologies Ltd. has announced significant advancements in its mobile communications platforms with the release of the NX-20 and NX-24 models. These models enhance payload elevation and network reliability, supporting critical operations in defense, border security, and mining. The NX-20 can lift up to 100kg of equipment to a height of 20 meters, with an optional extension to 24 meters, improving transmission range and network effectiveness. This development, which includes a second trapezoidal screw drive for stability, also integrates support for VTOL fixed-wing surveillance drones, expanding ISR coverage. These innovations demonstrate CiTech’s commitment to providing next-generation solutions for mission-critical communications, enhancing their industry positioning and offering new opportunities for stakeholders.
More about Critical Infrastructure Technologies Ltd.
Critical Infrastructure Technologies Ltd. (CiTech) is a company based in Perth, Western Australia, specializing in the development of autonomous, high-capacity, rapidly deployable technology. The company focuses on providing essential services to sectors such as mining, defense, border security/surveillance, and emergency services. CiTech’s products, like the Nexus 16, aim to address limitations in current communication solutions by offering robust, self-deploying platforms that support various technology payloads.
Average Trading Volume: 179,941
Technical Sentiment Signal: Hold
Current Market Cap: C$6.32M
For a thorough assessment of CTTT stock, go to TipRanks’ Stock Analysis page.