ikeGPS Group Ltd (AU:IKE) has released an update.
ikeGPS Group Ltd has landed a significant deal anticipated to yield around NZ$19 million in revenue over three years, commencing from July 2024. This contract supports a multi-year fiber and grid resiliency program for a key utility in the southwestern U.S., marking a strategic step towards the company’s financial goals and reinforcing its commitment to infrastructure solutions. The company’s CEO, Glenn Milnes, expressed enthusiasm about the partnership’s potential to bolster their platform transaction revenue and the continued demand for grid hardening services in North America.
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