MICT - MICT trades high on subsidiary Micronet's significant order

MICT's (MICT) +3.05% PM, majority-owned subsidiary, Micronet nabbed a significant purchase order from one of the largest telematics North America-based service providers in the world.The order, totaling circa $300K, post the announcement Oct.6, 2020 of a pilot test and negotiation of a large-scale commercial supply contract with the same customer, and is expected to lead to significant further business in 2021 and beyond.The customer is estimated to have numreous trucks in its network and is expanding into the provision of video telematics services using Micronet's SmartCam.

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MICT trades high on subsidiary Micronet's significant order