CyanConnode Holdings plc (LON:CYAN) has announced that it has received an order for a smart metering deployment in MENA Region (Middle East and North Africa), which is a new territory for the company. This order is for CyanConnode’s cellular communications product which will be deployed to connect smart electricity and smart water meters.
Under the contract, CyanConnode will supply cellular hubs, with a capacity to handle up to 1 million meters.
Following an initial stage of obtaining certifications, it is expected that delivery against the order will commence during this calendar year.
John Cronin, Executive Chairman, commented:
“We are delighted to have received this order from a new territory with CyanConnode’s cellular product. We look forward to working with this customer to further develop our business in MENA.”