Ava Risk Group Limited (ASX: AVA) has secured a significant contract, in partnership with Siemens Korea, to safeguard a critical solar infrastructure project in Qatar. Under this contract, Ava Risk Group will supply its cutting-edge Aura Ai-X fiber optic sensing technology. The deal is worth around US$0.7 million (AU$1.0 million) and encompasses detection software, equipment, future software upgrades, and support, with delivery scheduled for Q2 FY24.This achievement underscores the growing market potential for Aura Ai-X, following its March 2023 launch.
Aura Ai-X leverages deep learning technology and global data resources, offering a compelling combination of high Probability of Detection (POD) and the lowest Nuisance Alarms Rate (NAR) in the market. Mal Maginnis, CEO of Ava Risk Group, praised the global commercial team's efforts and expressed confidence in Aura Ai-X as the preferred solution for securing critical infrastructure worldwide, contributing to a sustainable environment through advanced solar technology protection.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 20, 2024
Nov 20, 2024
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.