CyanConnode LOA with JST Group, broadening engagement in the Thai market

CyanConnode Holdings

CyanConnode Holdings plc (LON:CYAN), a world leader in narrowband radio frequency (RF) mesh networks, has announced a significant Letter of Award (LOA) from its partner, the JST Group (JST), for 101,360 Omnimesh Cellular Modules (CNICs). This LOA builds upon the ongoing deployment and previous orders of Omnimesh RF Modules, Gateways, and 206,735 Omnimesh perpetual software licenses, awarded between 2019 and 2021, for a project in Thailand.

The LOA is also the largest received to date for CyanConnode’s CNICs, an IPv6 Standards-Based product engineered for seamless integration with CyanConnode’s Head-End System (HES). The HES communications architecture enables both RF Mesh and Cellular connections. Deployment of the Omnimesh CNICs will commence in the first quarter of FY25.

John Cronin, Executive Chairman of CyanConnode, commented:

“I am pleased to announce this latest LOA from JST, which not only broadens our engagement in the Thai market but also demonstrates the expansion of our Omnimesh product range to include a standards-based cellular solution. This important development, with a standards-based cellular product, gives our HES both RF and Cellular capability.”

Derek Stamp, CEO of JST, commented:

We are pleased with the continued success with CyanConnode on a project in Thailand which has resulted in a groundbreaking product that has met the demands of its deployment environment. JST’s partnership with CyanConnode underscores our commitment to leveraging cutting-edge technology to address the unique challenges and opportunities presented by the Thai market.

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Share on:
Find more news, interviews, share price & company profile here for:

CyanConnode secures $7.5m convertible loan

CyanConnode secures a $7.5 million loan agreement to boost its smart metering initiatives, enhancing growth opportunities in India and beyond.

CyanConnode receives formal Letter of Award for £70m Goa contract

CyanConnode Holdings PLC secures a £70 million contract from Goa's Electricity Department to deploy 750,000 smart meters through its subsidiary, DigiSmart Networks.

CyanConnode reports FY25 record order book and growth momentum

CyanConnode Holdings plc reports strong demand for its IoT smart metering solutions, with a significant order book growth and key contracts.

CyanConnode wins £70m smart meter contract in Goa

CyanConnode Holdings' subsidiary, DigiSmart Networks, secures a £70 million smart metering contract in Goa, marking a pivotal milestone for its expansion in India.

UK Technology Stocks in Demand as Investors Switch from US Tech

A combination of more attractive valuations, sector-specific innovation, and growth potential is drawing investors to UK-listed technology stocks.

CyanConnode secures £5 million unsecured loan from substantial shareholder Axia Investments

CyanConnode Holdings secures a £5 million loan from Axia Investments to accelerate growth in India's smart metering market, enhancing its competitive edge.

Search

Search