Australia's Icetana gains on purchase order from Iraqi co

Icetana

19/03/2025 02:30

** Icetana ICE.AX soars 22.2% to A$0.022, highest since December 17, 2024

** Video analytics software gets order for its AI software solution from Iraq-based HTE Electronics' unit Al-Technologia Al-Alia

** Total value of contract is A$1.7 mln ($1.1 mln)

** Order for software solution that includes facial recognition, license plate recognition and smoke detection, among others

** Around 2 mln shares traded in stock's busiest session since February 4

** ICE gains 29.4% YTD

($1 = A$1.5721)

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))