PowerFleet awarded milestone public sector contract in South Africa

Powerfleet (AIOT) announced it has been awarded a milestone public sector contract to deliver integrated video intelligence and real-time fleet visibility services for an extensive range of South African government departments overseeing more than 100,000 vehicles. The agreement is anticipated to represent a major deployment in the company’s history and is expected to generate material recurring SaaS and services revenue over a minimum five-year term following phased implementation. Preliminary department enrolments are highly encouraging and ahead of initial internal expectations. The contract also expands Powerfleet’s existing partnership with MTN, supporting nationwide delivery through secure connectivity and managed network infrastructure.