IKE has signed a $600,000 contract extension with an existing customer, and is expecting to recognise the revenue over the next 12-15 months.
CEO Glenn Milnes commented that the company has closed more than $6m in contracts in the first seven weeks of the year and there is further opportunity to expand inside this existing customer base.
The announcement follows other contract wins in January, including a $4m extension from a US communications customer and a $0.9m contract from a tier-1 electric utility customer.
IKE will be releasing its Q4 FY22 performance update and commentary on 27 April 2022.
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