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Enav SpA ( (IT:ENAV) ) has shared an announcement.
ENAV Group, through its subsidiary Techno Sky, has secured a contract to supply and activate a Remote Digital and Virtual Tower (RDVT) system at Senai Airport in Malaysia. This project, awarded to Prime contractor Novatis, highlights ENAV’s leadership in digital air traffic management and its strategic expansion into the Far East market. The digital tower will replace the traditional control tower, offering improved operational efficiency and safety with a 270-degree view extendable to 360 degrees. The project is set to begin by the end of 2025 and involves collaboration with strategic subcontractors to ensure seamless integration and training.
The most recent analyst rating on (IT:ENAV) stock is a Buy with a EUR4.85 price target. To see the full list of analyst forecasts on Enav SpA stock, see the IT:ENAV Stock Forecast page.
More about Enav SpA
ENAV Group is a company specializing in air traffic management technologies, with a focus on digital control towers. Through its subsidiary Techno Sky, ENAV provides advanced solutions for airports, enhancing operational efficiency and safety. The company is expanding its market presence in the Far East, showcasing Italian innovation and expertise.
YTD Price Performance: 15.70%
Average Trading Volume: 633,074
Technical Sentiment Signal: Buy
Current Market Cap: €2.38B
Learn more about ENAV stock on TipRanks’ Stock Analysis page.