Ava Risk Group Ltd. (AU:AVA) has released an update.
Ava Risk Group Ltd. has secured a lucrative deal valued at over A$0.7 million to provide its Aura Ai-X intrusion detection technology to three US East Coast electricity substations, highlighting the increased demand for security solutions in the American power sector. This contract underscores the company’s growing presence in North America, where safeguarding critical energy infrastructure from physical threats has become a key concern for power authorities. Ava’s CEO expressed confidence in the expansion of their market footprint as the power grid evolves.
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