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First Major Order for SmartCam Following Successful Pilot Trial

NASDAQ:MICT   MICT, Inc
Micronet Receives First Major Order for SmartCam Following Successful Pilot Trial with Leading Global Telematics Provider

Micronet's business transitioning to a recurring revenue model with sale of Artificial Intelligence (AI) and Software-As-A-Service ( SAAS ) based products

Its subsidiary Micronet Ltd. ("Micronet") has received the first significant order for its new, highly innovative video telematics product, SmartCam, which integrates advanced software and AI functionality to serve the fastest growing segment of the estimated $45 billion global telematics market.

we are hopeful that this sale to a major global telematics player will lead to even more substantial orders in 2021.

https://finance.yahoo.com/news/micronet-...

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