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Gentrack Group Ltd ( (AU:GTK) ) just unveiled an announcement.
Veovo, the airport software business of Gentrack Group, has been selected to modernize NAV CANADA’s air navigation billing system with a new cloud-based platform. This initiative aims to enhance the scalability and flexibility of NAV CANADA’s billing operations, reflecting its commitment to continuous improvement and operational excellence. The contract signifies a new market entry for Veovo into air navigation service providers, supporting its growth in the airports division. The collaboration aligns with NAV CANADA’s focus on safety and innovation, and it is expected to deliver reliable outcomes for airspace users across Canada.
The most recent analyst rating on (AU:GTK) stock is a Buy with a A$11.80 price target. To see the full list of analyst forecasts on Gentrack Group Ltd stock, see the AU:GTK Stock Forecast page.
More about Gentrack Group Ltd
Gentrack Group Ltd is a company that partners with leading utilities worldwide, providing technology solutions to over 60 energy and water companies. It offers a product-to-profit solution called g2.0, which utilizes low code/no code and composable technology to help utilities launch new propositions quickly, reduce costs, and enhance customer experience. Veovo, a wholly owned subsidiary of Gentrack, delivers AI-powered technology to aviation companies and major airport groups globally, supporting efficient and customer-centric operations.
Average Trading Volume: 241,513
Technical Sentiment Signal: Hold
Current Market Cap: A$804.5M
See more data about GTK stock on TipRanks’ Stock Analysis page.