- Harvest Technology Group (HTG) has received a $230,000 order from TechnipFMC for 12 of its Infinity Nodestream Quad systems
- TechnipFMC will use the systems in eight vessels within its fleet, after signing a 12-month sales and licensing agreement with HTG
- The order from the energy design firm comes after it trialled the system in their UK and Houston remote control centres as well as on various vessels
- Along with the order, HTG also recently announced it had raised $3 million from an institutional entitlement offer with an $8 million retail offer now open
- Shares in HTG ended Tuesday at 21 cents each
Harvest Technology Group (HTG) has received a $230,000 order from TechnipFMC for 12 of its Infinity Nodestream Quad systems.
HTG’s systems give businesses a complete vision of their worksite from a central command, with its scalable units allowing for as many livestreams as needed.
TechnipFMC will use the Nodestream Infinity Quad systems in eight vessels within its fleet, after signing a 12-month sales and licensing agreement with the ASX-lister.
The design firm creates innovative technology ecosystems for oil and gas companies projects across the globe.
TechnipFMC signed an order for HTG’s systems which comes after trialling them in their UK and Houston remote control centres as well as on various vessels.
The company is planning to roll out the Nodestream Infinity Quad systems throughout their fleet in 2022, and also expand their remote operations centre capability.
Along with the $230,000 order, HTG also recently announced it had raised $3 million from an institutional entitlement offer.
The ASX-lister announced last week that it was planning to raise additional capital, with an $8.2 million retail entitlement offer now open to shareholders.
Shares in Harvest Technology Group ended Tuesday at 21 cents each.