Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTC: CITLF) (FRA: X9V) has provided an update on the production and sales activity for its Nexus 20 platform, highlighting significant progress across multiple units and increased market interest.
Nexus 1 (Green) is in the final stages of assembly before shipment to Poland for demonstrations throughout the EU, including to the Polish Military in conjunction with H. Cegielski – Poznan S.A., a subsidiary of Polska Grupa Zbrojeniowa A.A. (PGZ). The unit will be displayed at the MSPO defence exhibition in Poland between September 8 and 11, alongside Team Defence Australia. CEO Brenton Scott noted that this marks a significant advancement in the company's push into the EU, allowing the Nexus 20 to be seen fully operational at one of the largest defence exhibitions globally.
Nexus 2 (Yellow) is undergoing final fit out for delivery to Critical Metals Corp's Tanbreez Project in Southern Greenland. Meanwhile, fabrication is complete on Nexus 3, 4, and 5. Nexus 3 will be fitted out at the company's manufacturing facility and then shipped to Canada under a joint venture with Juno Industries Inc., with demonstrations planned for government, military, and mining sectors. Nexus 4 and 5 will be shipped to Perth, Western Australia, for immediate availability pending successful responses to requests for quote (RFQs).
Due to increased interest, the company has issued a purchase order to steel fabricator K999 for the build of two additional Nexus 20 units, reducing delivery timelines. Scott stated that the continued production progress highlights the scalability of the platform and global demand for rapidly deployable infrastructure solutions, noting that with production ramping up and international deployment underway, the company is entering a pivotal phase in demonstrating the versatility and capability of the Nexus system.
Sales activity includes RFQs for six Nexus 20 units, equating to $8.4 million in potential revenue. The company is targeting the mining, defence, border security, and emergency services sectors with its self-deploying platform, which provides critical mobile telecommunications, integrated C-UAS, ISR, and radio capabilities. More information is available at www.citech.com.au.
The original press release can be viewed on NewMediaWire.
