The technology company has secured a US$7.5 million convertible loan to fund its working capital and capital expenditure requirements, as well as expand its presence in the growing Indian smart metering market.
The technology company has been awarded a major contract to deploy 750,000 smart meters in India, worth approximately £70 million.
The technology company has announced changes to its board, with the separation of the Chairman and CEO roles.
The technology company has experienced delays in shipments, leading to lower-than-expected revenue and an EBITDA loss for the financial year.
The technology company has been awarded a £70 million contract to deploy smart meters in the Indian state of Goa, marking a major milestone in its growth as an AMISP.
The technology company has secured a £5 million loan to support its growth in the Indian smart metering market, a key strategic focus.
The technology company has secured significant follow-on orders from an Indian infrastructure conglomerate, further strengthening its position in the country's growing smart metering market.
Investor increases stake in communication equipment company CyanConnode Holdings
Technology company sees increased institutional investment, signaling confidence in its prospects.
Technology company CyanConnode sees increased institutional investment, signaling confidence in its growth potential.