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Norwood Systems Unveils AI Voice Platform OpenSpan on Azure, Secures $1M+ Funding
8:45am on Friday 31st of January, 2025 AEDT
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Technology
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Norwood Systems Unveils AI Voice Platform OpenSpan on Azure, Secures $1M+ Funding
8:45am on Friday 31st of January, 2025 AEDT
Key Points
Launch of CogVoice OpenSpan AI voice platform on Microsoft Azure
Ongoing negotiations with a major Australian Tier 1 Communications Service Provider
Secured $735,000 in funding plus $309,000 R&D loan post-quarter
Stable half-year cash receipts and improved net operating cash outflow
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