Image Systems' business unit Motion Analysis receives an order worth approximately SEK 1.6 million from a U.S. aerospace customer.
Press Release
The order includes a subscription license for an initial period of five years for the TEMA software. Revenue from the order will be recognized monthly throughout the contract period.
"Our efforts to expand our share of subscription licenses are paying off, and this order is proof that our strategy aligns with market demand. By transitioning to a subscription model, we are enhancing the robustness of our business model," says Johan Friberg, CEO of Image Systems.
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