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The latest announcement is out from Ava Risk Group Ltd. ( (AU:AVA) ).
Ava Risk Group has secured two contracts totaling $0.9 million for its Aura Ai-X fibre sensing technology in the border protection and transport infrastructure sectors. The contracts include a $0.5 million deal for border protection in Latvia and a $0.4 million contract variation with Siemens for an Australian transport infrastructure project. These contracts highlight the growing demand for Ava’s technology in border security and transport infrastructure, demonstrating the versatility and superior performance of the Aura Ai-X systems. The company’s focus remains on protecting critical infrastructure assets in energy, telecommunications, and transport, while also exploring opportunities in perimeter detection markets.
The most recent analyst rating on (AU:AVA) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Ava Risk Group Ltd. stock, see the AU:AVA Stock Forecast page.
More about Ava Risk Group Ltd.
Ava Risk Group is a global leader in providing technologies and services to protect critical and high-value assets and infrastructure. It operates three business segments: Detect, Access, and Illuminate. The Detect segment focuses on manufacturing and marketing smart fibre optic sensing systems for security and condition monitoring across various applications. The Access segment specializes in high-security biometric readers, security access control, and electronic locking products. The Illuminate segment develops and manufactures illuminators, ANPR cameras, and perimeter detectors. Ava Risk Group’s products and services are trusted by security-conscious clients worldwide, including commercial, industrial, military, and government sectors.
Average Trading Volume: 247,881
Technical Sentiment Signal: Sell
Current Market Cap: A$23.26M
For a thorough assessment of AVA stock, go to TipRanks’ Stock Analysis page.