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The latest announcement is out from Harvest Technology Group Ltd. ( (AU:HTG) ).
Harvest Technology Group Limited has announced its subscription for convertible notes in TRU Recognition Holdings Ltd, with an initial investment of $255,000 and an option to invest an additional $245,000. This strategic move aims to leverage TRU’s vision-based technology platform, which transforms camera networks into intelligent business tools, potentially complementing Harvest’s Nodestream technology. The collaboration could unlock new use cases for intelligent video and visual AI, enhancing business impact without significant infrastructure changes. This investment may also pave the way for a potential partnership between the two companies.
More about Harvest Technology Group Ltd.
Harvest Technology Group Limited (ASX: HTG) is a global leader in network optimized remote operations, providing real-time remote control, communication, automation, and monitoring capabilities. Based in Perth, Australia, the company offers ultra-low bandwidth Network Optimized Livestreaming solutions, enabling customers to maintain connectivity with operations and personnel worldwide while using minimal bandwidth resources.
Average Trading Volume: 669,500
Technical Sentiment Signal: Sell
Current Market Cap: A$15.23M
For detailed information about HTG stock, go to TipRanks’ Stock Analysis page.