ITRI - Itron bags contract with Florida utility for infrastructure upgrade
- Itron ( NASDAQ: ITRI ) on Tuesday announced it signed a contract with Gainesville Regional Utilities in Florida to modernize their infrastructure, improve data collection accuracy and operational efficiency with the company's industrial IoT network solution.
- Shares of the company +5.3% in early trading session.
- Among other things, Itron will provide its smart Gen5 500W water and Gen5 500G gas communication modules and Gen5 Riva Distributed Intelligence enabled electric smart meters.
- The utility plans to deploy Itron’s solutions across Gainesville and surrounding areas.
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Itron bags contract with Florida utility for infrastructure upgrade