ClearVue Technologies (ASX:CPV) said the total value of submitted proposals has grown to over AU$60 million in less than three months, marking a significant increase in the company's pipeline and proposal rate, according to a Wednesday Australian bourse filing.

The company added that the enquiry rate has continued to increase over the last 90 days since the new management team was named, and overall pipeline growth has increased by over 54% since June.

The company said it has been primarily focused on markets where there is an immediate opportunity for growth, including Africa, Asia, and Oceania, where the proposal rates have grown 200%, 118% and 86%, respectively.

The company said that it is conservatively expecting to achieve a close rate of about 10%.