Image Systems’ Business Area Motion Analysis receives an order worth approximately SEK 1 Million from a U.S. Defense Customer
Press Release
The order includes a single one-year licenses, known as Term License, for the TrackEye software. It also includes options for future annual license contract renewals. Revenue from the order will be recognized monthly over the contract period.
“Our efforts to increase the share of subscription licenses are paying off, and this order confirms that our strategy aligns with market demands. By transitioning to a subscription model, we enhance the robustness of our business model,” says Johan Friberg, CEO of Image Systems.
Latest Press releases
-
Read Press Release
Image Systems affärsområde Motion Analysis erhåller order om ca 2,4 MSEK från japansk försvarskund
-
Read Press Release
Image Systems’ Motion Analysis business unit secures SEK 2.4 million order from a Japanese defense customer
-
Read Press Release
Image Systems affärsområde RemaSawco erhåller beställning från sågverket Högland Anundsjö på drygt 2,4 MSEK
-
Read Press Release
Image Systems' business unit RemaSawco receives order worth just over SEK 2.4 million from Högland Anundsjö sawmill