REG - CyanConnode Holdings - Contract in the Middle East and North Africa

Cyanconnode HoldingsAnnouncement

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RNS Number : 9286T  CyanConnode Holdings PLC  05 August 2025

 

05 August 2025

CyanConnode Holdings plc

("CyanConnode" or the "Company")

 

Contract in the Middle East and North Africa (MENA)

 

CyanConnode Holdings plc (AIM: CYAN), a global provider of IoT communication
and smart metering solutions, is pleased to announce that it has received a
follow-on order worth over AED 5.8m (£1.2 million) for cellular gateways in
the Middle East and North Africa (MENA) region.

This latest award forms part of an expanding multi-year deployment, which
began with an initial order announced on 4 August 2022, followed by further
scaling through a Letter of Award announced on 28 October 2024.  Under the
terms of this latest contract, the Company will supply its cellular gateways
to support the rollout of smart electricity metering infrastructure. All
equipment under this order is scheduled for delivery within the current
financial year ending 31 March 2026, with revenue to be recognised
accordingly.

 

John Cronin, Group CEO, commented:

"We are delighted to have received a further follow-on order for this project
in the MENA region. It builds on the momentum from our 2022 initial contract
and the 2024 expansion, strengthening our strategic partnership with the
client. This order enhances revenue visibility and supports our global growth
trajectory."

 

 

- Ends -

 

Enquiries:

CyanConnode Holdings
plc
Tel: +44 (0) 1223 865 750

John Cronin, Executive
Chairman
   www.cyanconnode.com

Strand Hanson Limited (Nominated and Financial Adviser)
  Tel: +44 (0) 20 7409 3494

James Harris, Richard Johnson, David
Asquith

 

Zeus Capital Limited (Joint Broker)
                              Tel: +44 (0) 20 3829 5000

Simon Johnson, Louisa Waddell

 

Panmure Liberum (Joint Broker)
                               Tel: +44 (0) 20 7886 2500

Rupert Dearden / James Sinclair-Ford

 

Novella (Financial PR)
                                             Tel: +44
(0) 20 3151 7008

Tim Robertson / Safia Colebrook

 

About CyanConnode

CyanConnode (AIM:CYAN.L), is a global provider of IoT communication and smart
metering solutions. Its comprehensive technology portfolio includes narrowband
RF mesh, advanced cellular modules, and hybrid communication platforms,
delivering scalable and cost-effective connectivity for smart energy and
infrastructure applications.

The Company's flagship Omnimesh platform offers highly reliable, self-forming
and self-healing networks, optimised for deployment across diverse geographic
and environmental conditions. Complemented by innovations such as long-range
RF, in-meter gateways, and AI-enhanced cellular connectivity, CyanConnode
provides flexible solutions tailored to evolving utility needs.

CyanConnode's Universal Head-End System (UHES) enables seamless integration
across multiple communication technologies, enhancing interoperability and
simplifying network management at scale.

As a trusted AMISP and OEM partner, CyanConnode works with utilities, system
integrators, and meter manufacturers through a global, vendor-agnostic
ecosystem. The Company is playing a central role in the digital transformation
of the energy sector, with projects spanning India, Southeast Asia, the Middle
East, and Europe.

For more information, please visit www.cyanconnode.com
(http://www.cyanconnode.com)

 

 

 

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