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Norwood Systems Unveils AI Voice Platform OpenSpan on Azure, Secures $1M+ Funding

6:32pm on Sunday 1st of June, 2025 AEST Technology
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Norwood Systems Unveils AI Voice Platform OpenSpan on Azure, Secures $1M+ Funding

6:32pm on Sunday 1st of June, 2025 AEST
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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