Contract Win
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your PEG notes
Petards, the AIM quoted developer of advanced security, communication and surveillance systems, announces that its new subsidiary, Affini Technology (Affini), has been awarded a contract worth £0.4 million to supply and install a new digital radio system.
The existing system is end-of-life and the customer required a new system that will deliver strong and reliable coverage across a prestigious central London site that includes entertainment and hospitality venues as well as schools and student accommodation. The location has some challenging environments comprising multiple multi-level buildings and the implementation of the new system is to be scheduled to ensure the site's ongoing operations will be uninterrupted.
First equipment deliveries are expected to be made before year end, and the system is scheduled to be fully installed in the first quarter of 2025 with ongoing maintenance and support being provided for an initial three year term.
Raschid Abdullah, Chairman of Petards Group plc said:
"We are delighted that this new blue-chip customer has selected Affini to provide its new digital communication system at one of London's most iconic locations, and we look forward to working with them in successfully delivering the project."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.