Brief: Avtech Enters Agreement Valued At About 1 To 2 Million SEK

AVTECH Sweden AB (publ)

14/09/2020 11:17

Sept 14 (Reuters) - Avtech Sweden AB (publ)  AVTCHb.ST :
    * AVTECH ENTERS AVENTUS FULL-FLIGHT WINDS SERVICE AGREEMENT
VALUED
AT APPROXIMATELY 1 TO 2 MILLION SEK
    * TWO-YEAR SERVICE AGREEMENT HAS AN EXPECTED VALUE OF
BETWEEN 1
AND 2 MILLION SEK, DEPENDING ON FLEET UTILISATION
    * SERVICE HAS BEEN DEPLOYED AS PART OF A TRIAL WHICH STARTED
IN
2019 AND SERVICE START DATE IS RETROSPECTIVE FROM DECEMBER 2019
    * AGREEMENT ALSO INCLUDES AN EVALUATION OF BENEFITS AFTER 6
MONTHS

Source text for Eikon:  ID:nWkrc5w1Lz 
Further company coverage:  AVTCHb.ST 

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