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Pin to quick picksCyanconnode Share News (CYAN)

Share Price Information for Cyanconnode (CYAN)

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Share Price: 8.05
Bid: 7.90
Ask: 8.20
Change: 0.00 (0.00%)
Spread: 0.30 (3.797%)
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Prev. Close: 8.05
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Cyan Holdings surges after securing Iran meter contract

Wed, 06th Apr 2016 14:28

(ShareCast News) - Shares in Cyan Holdings surged on Wednesday after the smart metering company said it has received an order for around £10m from telecommunications contractor Micromodje in Iran.Cyan said the order, for a 360,000 unit smart electricity metering implementation, was larger than any purchase order it had received to date, "marking a step change in the company's commercial progress".It said the units will be installed for high value, high demand customers that represent an estimated 25% of total national power consumption of Iran.Micromodje's order is for Cyan's CyLec Advanced Metering Infrastructure hardware solution and its proprietary Head-End Software.Hardware shipments are expected to begin towards the end of the current financial year following the integration with a locally manufactured smart meter.Executive chairman John Cronin said: "We are delighted to have secured this very significant order in Iran so quickly after our initial pilot deployment. This is a transformational point in Cyan's development."Not only is the order ten times larger any previous orders we have received, but this Iranian order also marks Cyan's entry into a new territory and demonstrates the compelling value of the Cyan solution for the Iranian market and emerging markets globally."At 1430 BST, Cyan shares were up 109% to 0.28p.
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18 Sep 2018 15:57

CyanConnode rockets after record $11.6m purchase order

(Sharecast News) - CyanConnode scored its largest order to date for the Omnimesh IPv6-based smart metering solution on Tuesday with the receipt of $11.6m purchase from an Indian state-owned utilities firm.

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23 Jul 2018 11:30

CyanConnode gets new 10,000 unit order for India

(Sharecast News) - Narrowband radio mesh network technology company CyanConnode announced the receipt of a purchase order from Larsen & Toubro for its 'Optimal' technology on Monday, for 10,000 smart metering units in India.

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6 Feb 2017 09:03

CyanConnode Receives Panmesh Software Licence Order From Swedish Firm

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6 Feb 2017 08:14

CyanConnode receives order for 100,000 software licences from Swedish system integrator

(ShareCast News) - AIM-listed clean technology firm CyanConnode has received an order for 100,000 software licenses from HM Power Metering, a Swedish-based systems integrator, to implement smart grid and internet of things systems. The purchase order is expected to cover HM Power's initial requireme

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22 Aug 2016 12:14

CyanConnode widens H1 loss in pivotal period

(ShareCast News) - CyanConnode has widened its half-year pretax loss to £2.86m, from a loss of £2.29m, in a period that it described as pivotal for the group. Revenue improved to £1.03m, from $157,328. "This was a pivotal period for the Group as we significantly enhanced our capabilities and offerin

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14 Jul 2016 15:44

Cyan Holdings, Enzen in Irish collaboration

(ShareCast News) - AIM-listed Cyan Holdings said it has signed a strategic partnership agreement with Enzen Global to collaborate to deliver expertise in narrowband mesh technology to the Internet of Things (IoT) market in Ireland. "This agreement will provide combined value to support Smart Energy

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14 Jul 2016 07:16

Cyan Signs Strategic Partnership With Enzen For Irish Market

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6 Jul 2016 14:47

Cyan Holdings' revenues rise on acquisition and global contracts

(ShareCast News) - Integrated systems and software design company Cyan Holdings' half year profits rose in line with expectation as due to the acquisition of CyanCannode and a growth of international contracts. In the AIM listed company's trading update for the six months ended 30 June, it said reve

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6 Jul 2016 08:20

Cyan Expecting First Half Revenue Six Times Higher Than Prior Year

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14 Jun 2016 12:19

Cyan Holdings buys Connode for £6.8m

(ShareCast News) - Cyan Holdings, a British integrated system and software design company, has bought Connode, a Swedish supplier of wireless communication products, for £6.8m. The sale will be partly funded through a share placing and a subscription. The £6.8m sale of Connode consists of £4.3m in c

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14 Jun 2016 09:35

WINNERS & LOSERS SUMMARY: FirstGroup Up 9% As Rival Go-Ahead Drops 15%

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14 Jun 2016 07:46

Cyan Sets GBP17 Million In Deals As It Buys Connode, Sells Shares (ALLISS)

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6 Jun 2016 07:21

Cyan Loss Widens As Spending Ramp-Up Delivers Revenue Growth

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24 May 2016 12:33

Cyan Holdings Eyes GBP12.5 Million Fundraising To Back Purchase (ALLISS)

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3 May 2016 07:48

Cyan Holdings Signs Smart Metering Distribution Deal In Thailand

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