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Pin to quick picksCyanconnode Share News (CYAN)

Share Price Information for Cyanconnode (CYAN)

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Share Price: 8.30
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Open: 8.60
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CyanConnode secures contract for smart metering deployment in Africa

Wed, 04th Aug 2021 11:35

(Alliance News) - CyanConnode Holdings PLC on Wednesday said it has received a contract for a smart metering deployment in Africa.

Shares in the Cambridge, England-based narrowband radio frequency smart mesh networks firm were up 10% to 12.15 pence each in London on Monday morning.

The value of the contract was not disclosed.

CyanConnode will supply 100,000 Omnimesh modules, together with advanced metering infrastructure, services, Omnimesh head-ends software, perpetual license, and an annual maintenance contract.

Omnimesh is based on IPv6 6 radio frequency mesh technology and provides electricity metering capability.

The supply of Omnimesh modules is expected to commence within the third quarter of 2021, with all modules being supplied within eighteen months. Approximately 90% of revenue will be recognised during the first two years of the contract with the balance being received during the annual maintenance contract, the firm said.

By Amrit Sahota; newsroom@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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10 Oct 2023 16:47

CyanConnode receives order for 300k Omnimesh modules

(Sharecast News) - Narrowband smart mesh network technology company CyanConnode announced an order for 300,000 'Omnimesh' modules from IntelliSmart Infrastructure on Tuesday.

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10 Oct 2023 13:58

CyanConnode seals contract for 300,000 Omnimesh modules

(Alliance News) - CyanConnode Holdings PLC on Tuesday said it has received an order for 300,000 Omnimesh modules from IntelliSmart Infrastructure Private Ltd.

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5 Oct 2023 12:08

CyanConnode sees turnover quadruple in H1

(Sharecast News) - Narrowband mesh networks developer CyanConnode revealed on Thursday that interim turnover had more than quadrupled year-on-year.

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5 Oct 2023 11:10

CyanConnode sees first half revenue multiply as orders rise on-year

(Alliance News) - CyanConnode Holdings PLC on Thursday said that it has made pleasing progress in the first half, propped up by winning orders and a "significant" increase in revenue.

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17 Aug 2023 15:43

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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9 Aug 2023 11:09

CyanConnode seals contract for 500,000 Omnimesh modules

(Alliance News) - CyanConnode Holdings PLC on Wednesday said it has received an order for 500,000 Omnimesh modules from Intellismart Infrastructure Private Ltd.

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9 Aug 2023 10:13

AIM WINNERS & LOSERS: CyanConnode wins order; Enteq shares jump

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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2 Aug 2023 10:18

CyanConnode shares soar on contract win for Omnimesh modules

(Alliance News) - CyanConnode Holdings PLC on Wednesday said it received an order for 300,000 Omnimesh modules from Dakshin Gujarat Smart Metering Private Ltd.

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26 Jul 2023 14:46

EARNINGS SUMMARY: CyanConnode revenue rises, Grafenia loss widens

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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6 Jul 2023 14:05

IN BRIEF: CyanConnode gets "substantial growth" in annual revenue

CyanConnode Holdings PLC - Cambridge, England-based narrowband radio frequency mesh networks provider - Says revenue in financial year that ended March 31 shows "substantial growth" on year before and is broadly in line with market expectations, though CyanConnode notes most of its revenue is in rupees and dollars, so is subject to currency volatility in sterling terms. Revenue in financial 2022 was GBP9.6 million. Says revenue in the second half of the recent year is "significantly greater" than the GBP5.5 million in the second half of financial 2022. Cash on March 31 is GBP4.1 million, up from GBP2.4 million a year before. Will release full annual results "in due course".

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25 May 2023 12:16

CyanConnode ups presence in India with new 600,000 Omnimesh order

(Alliance News) - CyanConnode Holdings PLC on Thursday said that it has received an order from Paschimanchal Infrastructure Pvt Ltd for 600,000 Omnimesh Modules.

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10 May 2023 12:29

Solid State inks USD10.7 million follow-on order with CyanConnode

(Alliance News) - Solid State PLC on Wednesday celebrated a USD10.7 million follow-on order for radio frequency components from its customer CyanConnode Holdings PLC, through its Components division, Solid State Supplies Ltd.

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3 Apr 2023 13:31

CyanConnode pairs with Alfanar for advanced metering infrastructure

(Alliance News) - CyanConnode Holdings PLC on Monday said it has signed a memorandum of understanding with Alfanar to explore joint investment opportunities in advanced metering infrastructure projects.

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13 Mar 2023 12:18

SUMMARY: London listings with exposure to Silicon Valley Bank

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7 Mar 2023 12:22

CyanConnode collaborates with SiLabs on its Omnimesh products

(Alliance News) - CyanConnode Holdings PLC on Tuesday said it is collaborating with Silicon Laboratories Inc on its Omnimesh product range.

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