Etherstack (ASX:ESK) secured an AU$1 million contract with Radlink Communications to supply Association of Public-Safety Communications Officials Project 25 (APCO P25) digital radio network equipment for a major iron ore project in Western Australia, according to a Wednesday filing with the Australian bourse.
The contract encompasses deployment and support services, with most revenue from hardware and software deployment recognized in the first half of the year, and support revenue recognized over 12 months beginning in the second half, the filing added.
The company's shares rose 3% in recent Wednesday trade.
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