middle.news

Structural Monitoring Systems Secures $8.7M, Cuts Costs, and Boosts Sales Momentum

6:15pm on Sunday 1st of June, 2025 AEST Aerospace
Read Story

Structural Monitoring Systems Secures $8.7M, Cuts Costs, and Boosts Sales Momentum

6:15pm on Sunday 1st of June, 2025 AEST
Key Points
  • Completed $8.7 million capital raise including institutional placement and SPP
  • Achieved over $2.5 million annualised cost savings through operational restructuring
  • Incremental Forest Radio sales exceeded $2 million in the December quarter
  • Advanced FAA certification for CVM sensor technology with Boeing collaboration
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Structural Monitoring Systems PLC (ASX:SMN)
OPEN ARTICLE