Cyviz secures $1.6m follow-on order from utility provider
Cyviz AS has secured a follow-on order valued at $1.6 million from an existing utility provider client. This order builds upon a previously announced project, reinforcing the value of Cyviz's platform in mission-critical environments. The project involves the delivery of a high-performance media communication hub and is part of a broader, multi-phased technology modernization initiative, with additional projects slated for completion in 2026. The solution was sold through a channel strategy utilizing a referral partner.
The agreement includes a comprehensive three-year service and maintenance package, covering annual preventive maintenance and up to four emergency support visits per year. CEO Espen Gylvik stated the order reflects trust and demonstrates the scalability and reliability of their solutions.
This latest booking follows previous project phases, including the delivery of a major Mission Critical Space, further cementing Cyviz's position as a leading provider of advanced collaboration and visualization technologies.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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