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Company News
Constellation Technologies secures its first contract in China
Internet of Things company Constellation Technologies (ASX: CT1) has announced its first-ever customer contract in China, courtesy of its local subsidiary, with the company’s board declaring it was “encouraged by a strong pipeline of potential contracts” in the world’s most populous country. In a statement to the market, Constellation unveiled a new contract with Beijing BHZQ Environmental […]
CCP Technologies secures funding from existing shareholders for new IoT operations in China
Melbourne-based CCP Technologies (ASX: CT1) has inked a set of strategic agreements with three of its existing shareholders to help fund and grow its Internet of Things (IoT) technology in China. The company secured the agreements following a $3.4 million capital raising in October, which was partially underwritten by the same shareholders. The agreements will […]
CCP Technologies’ smart IoT sensors expand into several industries
Internet of Things (IoT) solutions company CCP Technologies (ASX: CT1) has published an operations update indicating a growing a number of applications within different industries for its revolutionary tracking technology. CCP currently manufacturers smart sensors that are placed in temperature-controlled environments which push data to a cloud-based software platform. Relevant data is then collated and sorted […]
CCP Technologies achieves $1.5m reduction in operational spend
CCP Technologies (ASX: CT1) has marked a significant reduction in its operating expenditure to the tune of $1.5 million and expects to break even in the second-half of 2019. The Internet of Things (IoT) technology solution provider expects to reach a monthly cash burn of $50,000 over the next quarter, down from $150,000 thanks to […]
CCP Technologies advances into extreme temperature monitoring market with IoT solution
CCP Technologies (ASX: CT1) has enhanced its internet of things (IoT) monitoring technology to include extreme temperature monitoring for the global bio storage industry. The company has completed trials at Monash University using its extreme temperature solution that can detect to negative 80° Celsius and lesser. According to CCP, the solution protects biological assets and […]
CCP Technologies receives largest US purchase order to date for IoT temperature monitoring solution
Melbourne-based CCP Technologies (ASX: CT1) has signed a deal to install its Internet of Things (IoT) temperature monitoring solution at a new state-of-the-art casino in the US state of Massachusetts. The deal was secured by CCP’s US-based distribution partner and commercial refrigeration company Koolmax, and represents the largest US purchase order received to date for […]
CCP Technologies boosts IT development revenue, subscription sales exceed $800,000
CCP Technologies (ASX: CT1) has boosted its contract IT development revenue by 35% since February, while its subscription sales pipeline has now exceeded $800,000. Excluding reseller sales, this pipeline only includes direct sales, with a further $288,000 at contract stage in the pipeline for 1,300 smart monitoring tags. The internet of things (IoT) company sells […]
CCP Technologies secures pair of IoT sensor contracts to expand market presence
Internet of Things (IoT) solutions company CCP Technologies (ASX: CT1) has secured two new contracts to help diversify its portfolio. In addition to manufacturing and selling a critical control point monitoring solution for the food industry, CCP is developing a range of advanced IoT solutions for other parties and licencing its IoT platform. CCP has said […]
CCP Technologies hatches commercial upswing in 2019
Food industry revolutionary CCP Technologies (ASX: CT1) says it is entering 2019 with a string of commercial projects in its pipeline; projects which the IoT company intends to monetise to the tune of around $7.5 million given current market conditions. CCP wants to expand the coverage of its technology-powered supply-chain innovation – a digital “tag”, that […]
CCP Technologies on track to establish firm IoT place in the global food chain
Food industry Internet of Things (IoT) company CCP Technologies (ASX: CT1) has held its annual general meeting earlier this week, with its CEO Michael White declaring that the company has leveraged its growing market presence in providing IoT-enabled supply chain management, to be in a position to realise a “substantial pipeline of opportunities” in the foreseeable […]
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