CyanConnode begins to roll out Indian contract


22-06-2020

CyanConnode Holdings plc (AIM: CYAN), a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, is pleased to announce that it has now commenced shipment of Omnimesh RF Modules for the order that was announced in January 2020.

The customer, Genus Power Infrastructures Limited, can now commence volume production of Omnimesh enabled smart meters for the end customer, a Utility located in South India.

The first shipment of 10,000 Omnimesh RF Modules was made to Genus in June 2020, with advanced payment for those modules facilitated by a Letter of Credit, provided by Genus.

As a result of Covid-19 there have been some minor delays to the commencement of field installation works, however significant progress has been made on software and integration scope of works.

Anil Daulani, CyanConnode India CEO and MD, commented: “There has been a good start towards providing the Omnimesh Network Canopy, which will provide a hybrid RF Smart Mesh and Cellular communication network, that is licensed for up to 200,000 Omnimesh enabled smart meters.

“India is still seeing an increase of Covid-19 cases, and I wish to express my sympathies to families who have been affected. Nonetheless, I remain optimistic and look forward to giving further updates relating to new orders in due course.”

Read the full announcement here

 

CyanConnode is a global leader in Internet of Things (IoT) communications.

CyanConnode Limited