ASX Announcements

Aqura Technologies secures contract to supply equipment for Iron Bridge Magnetite Project

Aqura Technologies has secured a contract to supply advanced LTE equipment for the Iron Bridge Magnetite Project, a joint venture between Fortescue Metals Group (ASX:FMG) subsidiary FMG Magnetite Pty Ltd and Formosa Steel IB Pty Ltd, in the Pilbara region of Western Australia.

The $2.0m contract reflects our strong focus to understand the evolving technology needs of the Project and demonstrate Aqura’s industry-leading capability to identify and design robust technology solutions that will support our clients’ future operational strategies.

“This contract award is a great validation of the strategy the Aqura team are pursuing to leverage their expertise to enable other organisations to achieve positive business outcomes with leading edge technology. We are very pleased to be supporting the great work of FMG and look forward to assisting them with their longer-term technology transformation programme.

Aqura continues to lead in high-performance industrial connectivity with advanced engagements for new rollouts, and other developments such as the imminent completion of our first 5G-enabled LTE network to bring the benefits of private LTE to a broader spectrum of businesses.”

Travis Young

Chief Executive Officer, Aqura Technologies

Learn more about the announcement here [link]