IkeGPS seizes multibillion-dollar infrastructure opportunity in US

IkeGPS seizes multibillion-dollar infrastructure opportunity in US
IkeGPS has about 90 staff in the US. (Image: IkeGPS)
Rebecca Stevenson
Utility pole assessment software company IkeGPS says it has a once-in-a-generation opportunity to capitalise on a multibillion-dollar investment in North America’s electrical grid. The Colorado-based but NZX-listed software company’s shares have been soaring on the back of optimism about the US economy and Ike securing deals with eight of the 10 largest utilities there. Earlier this year, the firm knocked back an unsolicited bid which valued the company’s shares at $1 and, on May 13, the shares hit a two-year high of...

More Markets

Warehouse drops guidance, loss now in scope
Retail

Warehouse drops guidance, loss now in scope

The retailer has raised the possibility of a full-year earnings loss.

Xero’s Melio ‘leap of faith’
Markets Analysis

Xero’s Melio ‘leap of faith’

The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet. 

NZX ends half year down 3.6%
Markets Market Close

NZX ends half year down 3.6%

"We’ve continued to lag relative to other markets," analyst says.

Gregor Thompson 30 Jun 2025