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Critical Infrastructure Technologies Reports Progress on Nexus 20 Production and Sales Activity

TL;DR

Critical Infrastructure Technologies Ltd. gains competitive advantage with Nexus 20 production scaling globally, securing $8.4M in revenue opportunities and expanding into EU defense markets.

The Nexus 20 production process involves fabrication, painting, assembly, and fit-out stages, with units sequentially shipped to Poland, Greenland, Canada, and Australia for deployment.

CiTech's autonomous Nexus platforms deliver essential communications and security services to remote areas, improving safety and connectivity for mining, defense, and emergency sectors globally.

Nexus 20 units will demonstrate at Poland's MSPO defense exhibition and deploy to Greenland's Tanbreez project, showcasing rapid infrastructure deployment across three continents.

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Critical Infrastructure Technologies Reports Progress on Nexus 20 Production and Sales Activity

Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTC: CITLF) (FRA: X9V) has provided a production and sales update for its Nexus 20 autonomous, high-capacity mobile communications and security platform. The company reported that five Nexus 20 units are in various stages of completion, with specific deployments planned across Europe, Greenland, Canada, and Australia, alongside receiving requests for quote for six additional units representing $8.4 million in potential revenue.

Nexus 1, designated Green, is in the final stages of assembly before shipment to Poland. Upon arrival, final fit out will be completed before demonstrations are conducted initially in Poland and then throughout the European Union. This unit will be on display at the MSPO defence exhibition in Poland between September 8 and 11, with Team Defence Australia. CEO Brenton Scott stated that having the Nexus 20 on display at a major EU defence exhibition represents a significant advancement in the company's push into the European market, marking the first time the platform will be seen fully operational at one of the largest defence exhibitions globally.

Nexus 2, designated Yellow, is undergoing final assembly and fit out for delivery to Critical Metals Corp's Tanbreez Project in Southern Greenland. Nexus 3 has completed fabrication and will be painted, assembled, and prepared for fit out before being shipped to Canada under the company's joint venture agreement with Juno Industries Inc. The majority of fit out for Nexus 3 will be performed at Critical Infrastructure Technologies' manufacturing facility before shipment to Canada, where demonstrations across government, military, and mining industry sectors will occur in accordance with the joint venture agreement.

Nexus 4 and 5 have both completed fabrication and will be painted, assembled, and shipped to Perth, Western Australia. These units will be available for immediate delivery should the company be successful in any of the requests for quote it has received and is currently responding to. According to the company, in all instances, the Nexus 20 is ideally placed to achieve the objectives of customer requirements.

As a result of increased interest in the Nexus 20 platform, Critical Infrastructure Technologies has issued a purchase order to its steel fabricators, K999, for the build of two additional Nexus 20 units. This move aims to significantly reduce delivery timetables should sales orders be received. Scott commented that the continued progress of the Nexus production program highlights the scalability of the platform and the global demand for rapidly deployable infrastructure solutions, noting that with production ramping up and international deployment now underway, the company is entering a pivotal phase in demonstrating the versatility and capability of the Nexus system.

The company's progress indicates growing international recognition for autonomous mobile infrastructure solutions, particularly in defence, mining, and emergency services sectors where rapidly deployable communications and security platforms are increasingly valuable. The deployment across multiple continents demonstrates the platform's adaptability to diverse operational environments and requirements. For more information about the company, visit https://www.citech.com.au.

Curated from NewMediaWire

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