Acuerdo significativo a largo plazo
5 febrero 2024
t42 Soluciones de seguimiento de IoT Plc.
("t42", la "Compañía" o el "Grupo")
T42 Secures Significant Long-Term Agreement for up to 30,000 Container Shipping 'Lokies' Tracking Units
t42 IoT Tracking Solutions plc (OBJETIVO: TRAC) ("t42" o la "Empresa"), a provider of global shipping container tracking solutions, is pleased to announce a significant follow-up agreement ("Agreement") with the customer referenced in our 16th 2023 de enero announcement. Under the Agreement, the customer ("Cliente"), which provides cutting-edge IoT and AI solutions for monitoring goods in the supply chain, has agreed to place orders for up to 30,000 'Lokies' units over the next three years, together with associated Software as a Service (SaaS) fees, which if received and deployed would be estimated to deliver revenues of over $7.5 million to the Company, although there is no guarantee of the total number or timing of ordering of units, nor revenues to be derived from, the Agreement.
Following the initial agreement (which is being superseded by this Agreement) in January 2023, under which the Company has successfully delivered 2,000 'Lokies' tracking units along with additional other products and services, the demonstrated effectiveness of 'Lokies' units in safeguarding goods and ensuring the integrity of worldwide deliveries has led to this significant new and expanded agreement with the Customer, with an immediate despatch to satisfy the first order of 1,000 units. The Agreement represents a strategic shift for t42, furthering its focus on the global container and supply chain market and is expected to provide a steady stream of recurring revenue throughout the period of use.
After a detailed evaluation of development requirements and a thorough assessment of the Company's capabilities, the Company is pleased to announce this agreement, which provides for further development and updates of 'Lokies' and positions the Company to supply the Customer and its end-users with more efficient, cutting-edge solutions.
'Lokies' stands out as a unique, smart keyless padlock, with innovative IoT capabilities. It integrates advanced Global Navigation Satellite System (GNSS) and cellular technology, complemented by the latest Bluetooth Low Energy connectivity and sophisticated user management abilities. 'Lokies' enables customers to identify and manage various users based on their access authorisations. This feature significantly enhances cargo visibility and security, making it a key tool in modern logistics and supply chain management.
The Customer, a leading provider in the realm of end-to-end goods management services, utilises advanced AI models to deliver comprehensive shipment data and business intelligence services. This sophisticated approach enables the effective management of supply chains, offering unparalleled insights and operational efficiencies. Their expertise in integrating cutting-edge technology into logistics processes underscores the strategic importance of their partnership with the Company.
Actualización de la extensión CLN
As previously announced the Company is negotiating with the holders of the 2021 unsecured convertible loan notes ("CLN") with a view to extending the maturity date and other amendments. There are several different investors in the CLN and, while the Company believes that all are supportive of the extension, it is taking longer than originally anticipated to complete the necessary legal arrangements. A further update will be provided when an agreement is entered into.
Avi Hartmann, CEO de t42, comentó: "t42 is witnessing the tangible impact of its long-term efforts to integrate cutting-edge solutions within the supply chain industry. There is a notable global surge in interest for 'Lokies' and the associated comprehensive t42 solution, which is expected to be positively reflected in the Company's financial results in 2024 and beyond."
Contactos:
PLC de soluciones de seguimiento t42 IoT
Michael Rosenberg, presidente 07785 727595
Avi Hartmann, director ejecutivo +972 5447 35663
Strand Hanson Limited (Asesor designado y asesor financiero) 020 7409 3494
James Harris/Richard Johnson/Robert Collins
Peterhouse Capital Limited 020 7469 0930
Lucy Williams/Charles Goodfellow/Eran Zucker
Soluciones de seguimiento t42 IoT plc (AIM: TRAC), anteriormente Starcom Systems plc, ofrece soluciones IoT de seguimiento, análisis, monitoreo y seguridad en tiempo real para el mercado global de contenedores y carga y cubre 55 países, más de 100 distribuidores y 50 socios de logística y soporte.
Los dispositivos de seguimiento de IoT multisensor de t42 utilizan una amplia gama de capacidades de detección con análisis y alertas basados en la nube, con transmisión de datos en tiempo real, análisis e información procesable. Sus dispositivos son utilizados por puertos, propietarios de carga, compañías navieras, transitarios, compañías de seguros, autoridades aduaneras, seguridad nacional y policía para el seguimiento global de contenedores de extremo a extremo y la transformación digital de los envíos.
Para obtener más información sobre la Compañía, visite: https://www.t42.co.uk/
RNS puede usar su dirección IP para confirmar el cumplimiento de los términos y condiciones, para analizar cómo interactúa con la información contenida en esta comunicación y para compartir dicho análisis de forma anónima con otros como parte de nuestros servicios comerciales. Para obtener más información sobre cómo RNS y la Bolsa de Valores de Londres utilizan los datos personales que nos proporciona, consulte nuestra Política de privacidad.