Synertec Deepens Sydney Water Ties With New Contracts and NSW Expansion

Synertec Corporation Limited ( (AU:SOP) ) has shared an announcement.

Synertec has secured more than $1 million in operational technology contracts with Sydney Water under a SCADA and electrical services framework, building on its earlier panel appointment that opened access to a large pipeline of infrastructure projects. The work, involving upgrades to existing facilities over the next 12 months, underscores the company’s strengths in control systems, electrical engineering and cyber-secure SCADA solutions.

The company has also signed agreements with all three of Sydney Water’s Regional Delivery Partners, giving it coverage across the North, South and West regions of Greater Sydney and access to a share of Sydney Water’s $34 billion, 10-year capital and operational program. Supported by a new Sydney office and State Manager, the expansion advances Synertec’s strategy to become a nationally recognised water industry specialist and positions it to capture growing demand for technology upgrades across Australian water utilities.

The most recent analyst rating on (AU:SOP) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Synertec Corporation Limited stock, see the AU:SOP Stock Forecast page.

More about Synertec Corporation Limited

Synertec Corporation Limited is an Australian technology design and development company focused on delivering scalable, environmentally friendly and energy-efficient solutions for global markets. The group targets energy, critical infrastructure and advanced manufacturing sectors, providing operational technology, control systems engineering and related services to blue-chip customers, particularly major water utilities.

Average Trading Volume: 596,492

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$11.94M

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