CyanCannode (LSE: CYAN) 17p, Mkt Cap: £37m, recently raised £2m at 14p a share to maintain revenue growth momentum. No sooner said than done as yesterday a contract to supply cellular hubs to the Middle East was announced which will have the capacity for up to 1m smart meters.
After many years of development CyanConnode have become a leading global vendor of ‘smart’ intelligent communications solutions, bringing together narrowband RF mesh and cellular technologies for the Internet of Things (IoT). The narrow band radio frequency (cellular hub) connects smart meters to a grid which saves...
