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Concurrent Technologies ( (GB:CNC) ) just unveiled an announcement.
Concurrent Technologies Plc has secured a significant £3.4 million order for its VME-based 6U computer boards from a long-term European customer, scheduled for delivery over the next three years. This order validates Concurrent’s commitment to the VME product line, reinforcing its position within mission-critical markets by offering reliable and backward-compatible solutions. The collaboration with a European distribution partner highlights the company’s strong global sales channels and successful distributor engagement initiatives.
More about Concurrent Technologies
Concurrent Technologies Plc develops and manufactures high-end embedded Plug In Cards (PICs) and Systems for use in a wide range of high-performance, long-life cycle applications within the telecommunications, defence, security, telemetry, scientific, and aerospace markets. Their products feature Intel processors, including the latest generation Intel Core, Xeon, and Intel Atom processors, and support many leading embedded Operating Systems. The company’s products are sold worldwide and are designed to be compliant with industry specifications.
YTD Price Performance: 29.45%
Average Trading Volume: 325,270
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £152.7M
For a thorough assessment of CNC stock, go to TipRanks’ Stock Analysis page.
