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

Vulcan Steel leads as reporting season approaches
Markets Market Close

Vulcan Steel leads as reporting season approaches

The S&P/NZX 50 Index closed 55.30 points higher at 12,889.38.

Jamie Gray 15 Aug 2025
Competition law changing to allow 'beneficial collaboration'
Markets

Competition law changing to allow 'beneficial collaboration'

Confidential submissions to the Commerce Commission will get a 10-year OIA exemption.

Pattrick Smellie 15 Aug 2025
Small cap spotlight: Blackpearl Group
Markets Small Cap Wrap

Small cap spotlight: Blackpearl Group

Founder Nick Lissette says it's patriotic to be listed, but hard work.

NZ sharemarket rises, Vista Group shares fall
Markets Market Close

NZ sharemarket rises, Vista Group shares fall

The New Zealand sharemarket was up on Thursday as most stocks on the main board lifted.

Tom Raynel 14 Aug 2025