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Synertec Corporation Limited ( (AU:SOP) ) has provided an update.
Synertec Corporation Limited has entered into a Memorandum of Understanding with Ritar International Group to integrate advanced battery technology into its Powerhouse microgrid system. This partnership aims to streamline manufacturing, reduce costs, and expand market access, enhancing Synertec’s ability to deploy its technology efficiently across Australia’s energy fields and other industries, such as utility power supply and data centers.
More about Synertec Corporation Limited
Synertec Corporation Limited is a diversified technology design and development company, focusing on renewable and AI-driven microgrid technology, particularly through its Powerhouse product. The company operates in the energy sector, aiming to provide cost-effective and emission-free power solutions, especially in remote areas.
Average Trading Volume: 1,859,117
Technical Sentiment Signal: Sell
Current Market Cap: A$16.62M
For an in-depth examination of SOP stock, go to TipRanks’ Stock Analysis page.