Iveda Awarded $3.2M Contract for Confidential Application by Taiwanese Government Agency
Iveda Solutions, Inc. (IVDA)
NASDAQ:AMEX Investor Relations:
iveda.com/investor-relations
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Source: Business Wire
Providing AI-powered technology, Iveda meets the growing demand for solutions in the region MESA, Ariz.--(BUSINESS WIRE)--Iveda® (NASDAQ:IVDA), the global solution for cloud-based AI, today announced a signed contract with an undisclosed government agency worth approximately $3.2 million for a confidential application. This contract is in addition to the $2.7 million and $1.7 million announced in August 2022 and August 2023, respectively, to this same undisclosed government agency for different applications. Providing cutting-edge, AI-powered technology, the contract deployment has begun and is expected to be completed by 2026, delivering and deploying network equipment solutions to meet the growing demand for enhanced infrastructure. The execution will be overseen and managed by Iveda Taiwan.“As safety and security remain a top priority for government organizations around the world, the need for AI-powered technology becomes paramount,” said David Ly, Iveda CEO and founder. “Throu
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IVDA
Sec Filings
- 4/3/24 - Form 424B3
- 4/3/24 - Form 424B3
- 4/1/24 - Form 10-K
- IVDA's page on the SEC website