- K2fly (K2F) receives orders for software development services from Fortescue Metals (FMG) worth $1.2 million
- The company’s newest contract is for the provision of software development services, which will be billed on a time and materials basis over a six-month period
- K2F says Fortescue have been using several of its platform solutions and are now engaging the company for further software development services within the business
- K2fly is up 14.3 per cent and trading at 20 cents at 2:11 pm AEST
K2fly (K2F) has received orders for software development services from Fortescue Metals (FMG) worth $1.2 million.
K2fly works to deliver a suite of solutions including natural resource governance, mineral resource governance and technical assurance on a single platform.
The solutions aim to address industry challenges and help manage risk around clients’ social license to operate reportance and governance, reputation and disclosure demands.
The company’s newest contract is for the provision of software development services, which K2F said will be billed on a time and materials basis over a six-month period.
K2fly CEO Nic Pollock said the company is pleased to be working with Fortescue across a number of areas in the business.
“Fortescue are using a number of our platform solutions and in addition, have engaged us for software development services in other areas of their business,” he said.
“These services are additional one-off revenues for K2fly and are also generated from time to time with other K2fly clients.”
K2fly was up 14.3 per cent and trading at 20 cents at 2:11 pm AEST.