Parkd Ramps Up East-Coast Prefab Capacity as Modular Projects and IP Portfolio Advance

Parkd Ltd. ( (AU:PKD) ) just unveiled an announcement.

Parkd Ltd has commissioned and brought online its new prefabrication facility in Penrith, New South Wales, with annual capacity of about 65,000m² of modular decking and floor systems, strategically positioned near key manufacturing partners to support just‑in‑time supply and reduce logistics costs for east‑coast projects. During the quarter, the company completed a pilot project with major contractor McNab Group in Queensland using its full kit‑of‑parts modular system and first deployment of the PIEPS® safety solution, substantially completed a three‑storey Audi dealership in Western Australia using its modular technology, advanced technical advisory work for airports and hospitals, progressed a pipeline of opportunities in multiple asset classes, and continued to develop and protect its intellectual property, signalling a scaling phase and de‑risked expansion into larger and more diverse projects.

The most recent analyst rating on (AU:PKD) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Parkd Ltd. stock, see the AU:PKD Stock Forecast page.

More about Parkd Ltd.

Parkd Ltd is an Australian construction technology company specialising in modular, prefabricated structural systems for multi-level car parks and commercial buildings. Its products, including MDSB®, CVB®, SlimDek210® integration and the PARKD Instant Edge Protection System (PIEPS®), target developers, major contractors and asset owners across sectors such as automotive retail, airports, healthcare, self‑storage, supermarkets and data centres, with a focus on faster, safer and more cost‑efficient delivery of multi‑storey structures.

Average Trading Volume: 236,789

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$5.68M

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