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HARVEST TECHNOLOGY GROUP LTD — Capital/Financing Update 2024
Aug 4, 2024
65075_rns_2024-08-04_4c7a560f-7c06-4152-b858-5adf5b381551.pdf
Capital/Financing Update
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Announcement to ASX ASX Code: HTG
5 August, 2024
HARVEST DEFENCE DEPLOYMENT CONTINUES WITH 25 MORE NSI UNITS TO DEFENCE
5 August, 2024: Harvest Technology Group Limited (ASX:HTG) ( Company, Harvest, Group ) announces today the deployment of a further 25 NSI (Nodestream[TM] Integrated device) units to a defence partner.
This order follows the previous order for 30 NSI units announced on 27 June 2024, with a total order value of $673,000 since January.
Our Nodestream Integrated (NSI) units are expertly engineered to perform exceptionally well in extreme conditions and offer our most compact interface. They feature low power consumption, adaptability, and highperformance computing, making them ideal for space-constrained environments where reliable operation is crucial. Equipped with Nodestream™ software, these devices can transmit high-quality video, audio, and control data even over communication links with bandwidths as low as 100 kbps, including contested networks. Weighing just 160g, each NSI unit includes 384-bit encryption to keep critical data secure while maintaining portability and performance.
Harvest Technology Group’s CEO, Ilario Faenza, stated:
“We are thrilled to grow our relationships with our specialised partners to deliver market leading critical solutions to end customers in sectors such as defence. This underscores our unwavering commitment and capability to deliver Tier-1 solutions to one of the most demanding and critical sectors.”
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This announcement was authorised for release by the Board of Directors.
Corporate & media enquiries, please contact:
Email: [email protected]
Investor enquiries, please contact:
Mr. Jack Rosagro Company Secretary Tel: + 61 8 9482 0511 Email: [email protected]
About Harvest Technology Group
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7 Turner Avenue, Bentley WA 6102 P: +61 8 6370 6370 ABN: 77 149 970 445
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Announcement to ASX ASX Code: HTG
Harvest Technology Group Limited (ASX: HTG) is a global leader in network optimised remote operations that deliver real-time remote control, communication, automation, and monitoring capabilities. Headquartered in Perth, Australia, the group of companies is revolutionising remote field services with ultra-low bandwidth Network Optimised Livestreaming solutions that enable customers to stay connected to operations and personnel anywhere in the world while utilising just a fraction of existing bandwidth resources.
To learn more please visit: https://harvest.technology/
If you would like to receive the HTG Insights Newsletter for future updates, please visit our website and subscribe at the bottom of the page.
Forward Looking Statements
Statements contained in this release, particularly those regarding possible or assumed future performance, revenue, costs, dividends, production levels or rates, prices, or potential growth of Harvest Technology Group Limited, are, or may be, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors.
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7 Turner Avenue, Bentley WA 6102 P: +61 8 6370 6370 ABN: 77 149 970 445