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AVA Risk Group Limited (ASX:AVA)

ALERT: Price-sensitive ASX Announcement for AVA
Current share price for AVA : $0.038 -0.029 (-43.28%)+
Announcement
Release
2 Dec 2025 9:12AM
Price at Release
$0.067
Full Release
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Summary
Ava Risk Group Limited, through its division BQT Solutions, has entered into a Master Supply and Services Agreement with UniKey Technologies. This five-year agreement involves the co-development of NFC/BLE access control readers, which will generate anticipated revenue of $4.6 million for BQT. The agreement includes minimum purchase commitments by UniKey and grants BQT exclusive supply rights in the North American market, with global distribution rights retained. The collaboration aims to expand BQT's product portfolio and market presence in response to growing demand for secure mobile and NFC credentials.
Key Points
  • BQT Solutions has signed a five-year agreement with UniKey Technologies.
  • The agreement involves co-developing NFC/BLE access control readers.
  • Anticipated revenue for BQT from the agreement is $4.6 million.
  • BQT receives exclusive supply rights for North America and retains global distribution rights.
  • The agreement includes a minimum purchase commitment from UniKey.
  • Collaboration aims to expand BQT's product portfolio to meet increasing demand for secure mobile and NFC credentials.
  • The agreement supports AVA's strategy of expanding into high-frequency access control reader markets.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.