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 1,5 Mkr från ledande aktör inom europeisk rymd- och flygindustri
-
Read Press Release
Image Systems’ Business Unit Motion Analysis Receives Order Worth SEK 1.5 Million from a Leading European Aerospace Company
-
Read Press Release
Image Systems affärsområde RemaSawco erhåller beställning från sågverk på drygt 3,3 MSEK
-
Read Press Release
Image Systems’ business area RemaSawco receives sawmill order worth just over SEK 3.3 million