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iCetana Ltd. ( (AU:ICE) ) has issued an announcement.
icetana AI has secured its largest Australian sale to date, providing its AI software solution to Millennium Services Group, a major security and cleaning services operator in Australia. This contract, valued at $376,000 over 60 months, will enhance icetana’s annual recurring revenue and strengthen its position in the shopping mall security segment. The deployment is expected next quarter, and the deal highlights the company’s ability to leverage its partnership with SoftBank Robotics for growth.
More about iCetana Ltd.
icetana AI develops self-learning security AI software designed for large-scale surveillance networks and Security Operations Centers. Its technology continuously learns normal patterns for each camera and detects unusual events in real-time.
Average Trading Volume: 182,027
Technical Sentiment Signal: Buy
Current Market Cap: A$34.57M
For a thorough assessment of ICE stock, go to TipRanks’ Stock Analysis page.