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ETHERSTACK PLC — Regulatory Filings 2024
May 30, 2024
64877_rns_2024-05-30_e73018cc-fd5c-4d3c-b958-ccf52213f553.pdf
Regulatory Filings
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ASX ANNOUNCEMENT
31 May 2024
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Etherstack signs seventh mining communications contract
Etherstack plc advises that its Australian subsidiary Auria Wireless Pty Ltd has entered a contract with Radlink Pty Ltd valued at A$428,000 to supply essential digital radio communications equipment at a new iron ore project in the Pilbara region of Western Australia.
This contract is for the supply of the Company’s digital APCO P25 radio network equipment which is widely used in the Australian and global, public safety, resources and utilities markets. Contracts of this nature typically provide the Company with initial equipment revenues followed by recurring support revenues over many years and future expansion and replacement orders, demonstrating the strategic value of contracts such as this contract and the previous six digital radio network deployments.
This current order represents the seventh deployment of the Company’s technology in recent years in the Western Australia resources sector.
The revenue from this activity is expected be recognised in the financial year ending 31 December 2024.
Etherstack CEO, David Deacon, said “This is the seventh deployment with one of the world’s largest miners. It clearly demonstrates customer satisfaction with our engineering, delivery and support. We are pleased with the recurring business within the Australian resource sector.
Authorised for release by David Carter, Company secretary.
Enquiries
Etherstack Investor Relations David Carter, Chief Financial Officer Melanie Singh T: +61 2 8399 7500 T: +61 439 748 819 [email protected] [email protected]
About Etherstack plc (ASX:ESK)
Etherstack is a wireless technology company specialising in developing, manufacturing and licensing mission critical radio technologies for wireless equipment manufacturers and network operators around the globe. With a particular focus in the public safety, defence, utilities, transportation and resource sectors, Etherstack's technology and solutions can be found in radio communications equipment used in the most demanding situations. The company has R&D facilities in London, Sydney, New York and Yokohama.
For more information
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Visit our website: www.etherstack.com
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English Registered Company No. 7951056 | ARBN 156 640 532 Sydney (GMT +10) Yokohama (GMT +9) P: + 61 2 8399 7500 P : +81 45 342 9050 [email protected] [email protected]
London (GMT) P : +44 207 734 0200 [email protected]
New York (GMT-5) P : +1 917 661 4110 [email protected]
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