Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTC: CITLF) (FRA: X9V) provided an update on the production and sales activity for its Nexus 20 autonomous mobile communications platform, highlighting the completion of fabrication for multiple units and growing customer interest.
Nexus 1 (Green) is in the final stages of assembly before being shipped to Poland for demonstrations throughout the European Union, 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 from September 8 to 11, alongside Team Defence Australia. CEO Brenton Scott noted that having the Nexus 20 fully operational at one of the largest global defence exhibitions represents a significant advancement into the EU market.
Nexus 2 (Yellow) is completing final assembly and fit out for delivery to Critical Metals Corp at the Tanbreez Project in Southern Greenland. Meanwhile, fabrication is complete for Nexus 3, 4, and 5. Nexus 3 will undergo fit out at the company's facility before shipping to Canada under the Joint Venture with Juno Industries Inc., where demonstrations for government, military, and mining sectors will occur. Nexus 4 and 5 will be shipped to Perth, Western Australia for immediate availability pending sales orders.
Due to increased interest, the company issued a purchase order to steel fabricators K999 for the build of two additional Nexus 20 units to reduce delivery timelines. Sales activity includes requests for quote for six Nexus 20 units, representing potential revenue of $8.4 million. Scott emphasized that the continued production progress demonstrates the scalability of the platform and global demand for rapidly deployable infrastructure solutions.
