Ideanomics Subsidiary Lands Major Confidential Purchase Order

Ideanomics (IDEX) has released an update.

On January 16, 2024, the Company’s subsidiary, Wireless Advanced Vehicle Electrification, LLC, located in Salt Lake City, UT, received a significant purchase order worth approximately $500,000 from a new, large retail and logistics customer. The customer’s identity is confidential due to contractual obligations. Details of the purchase order and statement of work are provided in redacted form to maintain confidentiality.

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