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FirstWave Expands into Americas with Claro DR Licensing Deal

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FirstWave Expands into Americas with Claro DR Licensing Deal

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FirstWave Cloud Technology ( (AU:FCT) ) has provided an announcement.

FirstWave Cloud Technology has entered into a licensing agreement with Claro Dominican Republic for its NMIS v9 software suite, marking a strategic expansion into the Americas. The agreement involves a one-time license fee of USD $250,000, contributing to FirstWave’s gross profit without ongoing obligations. This partnership allows Claro to leverage FirstWave’s advanced technologies, including the upcoming Model Context Protocol for AI and the Message Bus technology, enhancing its telecommunications services in the Dominican Republic.

More about FirstWave Cloud Technology

FirstWave Cloud Technology is a global software company established in 2004, specializing in enterprise-grade network management, automation, audit, and cybersecurity software. With an estimated 150,000 organizations utilizing its software across 178 countries, FirstWave serves prominent clients such as Microsoft, Telmex, Telstra, Claro, and NASA.

Average Trading Volume: 1,031,743

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$20.56M

For an in-depth examination of FCT stock, go to TipRanks’ Overview page.

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