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Klimator signs a historical big frame contract for delivery of IoT sensors with a value up to SEK 33 million.

MAR

Banedanmark, which is responsible for all public rails in Denmark, invests in Klimator's IoT technologies for monitoring water levels, with the aim of ensuring the strength of railway embankments. The value of the procurement at full utilization from the vendor amounts to SEK 33 million with a contract period of up to eight years.

For further information
Emil Danielsson, CEO of Klimator AB
E-mail: emil.danielsson@klimator.se
Phone: +46 (0) 70 421 04 00

Partner Fondkommission AB (phone 0046 31 761 22 30, www.partnerfk.se) is the company’s Certified Adviser on Nasdaq First North Growth Market.

About Klimator
Klimator AB is a publicly listed software company with over 30 years of research in applied road climatology. Klimator has two innovations – the data platform Road Condition Data (RCD), providing predictive high precision road weather information, and the sensor fusion solution AHEAD providing real- time detective road weather information. With these innovations, Klimator provides precise and reliable road weather information to the winter maintenance and the automotive industries creating safer roads and enabling scalable autonomous driving (AD) and intelligent driver support systems (ADAS). In 2020, Klimator acquired HedeDanmark's business operations within connected sensors to broaden and strengthen Klimator's product portfolio.

This information is information that Klimator AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-06-14 09:53 CEST.

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Klimator signs a historical big frame contract for delivery of IoT sensors with a value up to SEK 33 million.

Datum 2024-06-14, kl 09:53
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Klimator signs a historical big frame contract for delivery of IoT sensors with a value up to SEK 33 million.