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HitIQ Limited ( (AU:HIQ) ) has issued an update.
HITIQ Limited has announced a three-year partnership with AFL Barwon, naming HITIQ as the Official Concussion Technology Partner. This collaboration aims to expand the adoption of HITIQ’s PROTEQT smart mouthguard across over 25,000 players in 50+ clubs in Victoria, enhancing player safety and welfare. The partnership complements HITIQ’s existing agreements and supports its strategy to penetrate the consumer market, targeting over 100,000 athletes in its first year. This move is expected to solidify HITIQ’s position in community sports and drive significant growth for the company.
More about HitIQ Limited
HITIQ Limited is a leader in concussion management technology, focusing on the development of innovative solutions like the PROTEQT smart mouthguard. The company targets the growing concussion management market, particularly in community and regional sports, and has established credibility through partnerships with elite sports organizations.
Average Trading Volume: 422,702
Technical Sentiment Signal: Sell
Current Market Cap: A$8.02M
Learn more about HIQ stock on TipRanks’ Stock Analysis page.