CyanConnode Holdings PLC, a developer based in Cambridge, England, has received a substantial follow-on order valued at over $1 million for cellular gateways to be deployed in the Middle East and North Africa (MENA) region. This new contract is an extension of the company’s initial agreement for the project, which was first publicised in August 2022.
In a statement, Executive Chair John Cronin expressed enthusiasm for the additional order, noting that it reinforces CyanConnode’s established presence within the MENA region. Cronin highlighted that the contract not only strengthens ties with a valued client but also provides an opportunity to expand the company’s international reach. The follow-on order is seen as a key factor in enhancing CyanConnode’s revenue predictability while supporting its long-term growth strategy.
This development signifies CyanConnode’s commitment to its ongoing partnerships and its broader ambition to secure a stronger foothold in global markets.
CyanConnode Holdings plc (LON:CYAN) is a world leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications.
