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An update from Zedcor Energy Inc ( (TSE:ZDC) ) is now available.
Zedcor Inc. has announced record growth in its MobileyeZ™ tower fleet, reaching 1,333 units by the end of 2024, driven primarily by U.S. market demand. The company has expanded its operations to new regions, including Atlanta, Denver, Phoenix, and Las Vegas, and is planning further expansion into Florida. Manufacturing capabilities have been significantly enhanced, allowing Zedcor to produce 100 units per month, supporting its goal of adding 1,200 new units by the end of 2025. This expansion and manufacturing enhancement are expected to strengthen Zedcor’s market position and operational capacity, benefiting stakeholders by increasing utilization rates and profitability.
More about Zedcor Energy Inc
Zedcor Inc. operates in the energy sector, providing security and surveillance solutions through its proprietary MobileyeZ™ towers. The company focuses on expanding its market presence in the U.S. and Canada, catering to a diversified customer base with a strong emphasis on profitable growth.
YTD Price Performance: 1.14%
Average Trading Volume: 250,021
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$347.7M
For a thorough assessment of ZDC stock, go to TipRanks’ Stock Analysis page.
