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...

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