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Company News
Market wrap: Wall Street record nudges local market higher
An amazing record on Wall Street as the S&P 500 index briefly crested 5000 points for the first time encouraged a third straight day of gains on Australia. The benchmark index for the US market briefly touched a record high of 5000.4 points but was unable to hold that peak and closed with a still […]
Ava Risk Group breaks into telecommunications vertical with landmark Telstra partnership
Global risk management specialist Ava Risk Group (ASX: AVA) has achieved a major breakthrough, signing a new contract with Australian communications leader Telstra (ASX: TLS) for an initial 2 year supply agreement. The confirmation of the Telstra supply agreement (TSA) follows 10 months of close collaboration including product trials with Telstra and its customers. It […]
Ava Risk forecasts better than expected EBITDA for FY 2020
Risk management services provider Ava Risk Group (ASX: AVA) has published fresh guidance for the past financial year and included several updates related to its services and technology divisions. Most interestingly for shareholders was Ava’s revised revenue estimates that exceeded previous guidance published by the company earlier in the year. Ava estimates that its Q4 […]
Ava Risk courts two central banks and restarts Indian MoD project
The COVID-19 pandemic has failed to slow down Ava Risk Group (ASX: AVA) after the company unveiled a major new contract with a central bank that is set to haul in around $2.1 million in revenue for the security risk management company. As part of today’s announcement, Ava confirmed that it had also executed new service […]
Ava Risk Group receives $2.4m order from Australian Department of Defence for access control technology
Security company Ava Risk Group (ASX: AVA) has received an order worth $2.4 million from Australia’s Department of Defence for access control technology to be deployed in Defence facilities and bases across the country. The order was placed with Ava’s BQT Solutions technology division and is pursuant to a contract entered into with the Australian […]
Geopolitical unrest sees India upgrade its air base security via Ava Risk Group
Security risk management company Ava Risk Group (ASX: AVA) has harnessed ongoing geopolitical unrest to extend its product reach in India – to the tune of US$3.5 million (A$5 million). Ava Group has announced that its Future Fibre Technologies (FFT) Aura Ai-2 “long range sensitivity intrusion detection” product has been selected as part of a comprehensive […]
Ava Risk Group to deploy SecureLink to major military cybersecurity data network project
Ava Risk Group (ASX: AVA) is about to deploy its SecureLink technology to the Indian Ministry of Defence under a major military cybersecurity data network project. The company received official notice today that its in-country manufacturing partner SFO Technologies had received the purchase order for Ava’s future fibre technologies. Ava is expected to receive US$11.9 […]
Ava Risk Group’s cybersecurity technology to protect Indian military network
Security risk management company Ava Risk Group (ASX: AVA) has been picked to protect a major military data network under a cybersecurity deal potentially worth up to $15.2 million. The company today announced its Indian manufacturing partner, SFO Technologies Private Ltd, has been issued a letter of intent to manufacture Ava’s FFT Secure Link technology […]
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