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Petards Secures £360,000 SaaS License Renewal in Rail Sector

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Petards Secures £360,000 SaaS License Renewal in Rail Sector

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Petards ( (GB:PEG) ) has provided an update.

Petards Group PLC announced that its subsidiary, RTS Solutions (UK), has secured a renewal order for SaaS licenses from a leading supplier in the UK rail industry. This renewal, valued at £360,000 over two years, strengthens RTS’s order book and ensures a steady stream of recurring revenue, with expectations of additional supplementary orders.

More about Petards

Petards Group PLC is an AIM quoted company that develops advanced security, communication, and surveillance systems. The company focuses on providing solutions primarily for the rail industry through its subsidiary, RTS Solutions (UK).

Average Trading Volume: 43,471

Technical Sentiment Signal: Buy

Current Market Cap: £4.93M

See more data about PEG stock on TipRanks’ Stock Analysis page.

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