Meta Materials Secures New Purchase Order From Its G10 Central Bank Customer; New Purchase Order Represents An Additional $2.1M
Portfolio Pulse from Benzinga Newsdesk
Meta Materials has secured a new purchase order worth $2.1M from its G10 central bank customer. This brings the total orders received by META to approximately $16.5M under a multi-year frame agreement with a maximum value of $41.5M over a period of up to five years.
August 29, 2023 | 8:04 pm
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POSITIVE IMPACT
The new purchase order of $2.1M for Meta Materials is a positive development, increasing the total orders under the multi-year agreement to $16.5M.
The new purchase order increases the total orders received by Meta Materials under the multi-year agreement, which is a positive development for the company and could potentially lead to an increase in the stock price in the short term.
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