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NEXION Group Advances Satellite Solutions, Boosts Revenue 5.45% Amid WA Mining Growth
3:52am on Monday 2nd of June, 2025 AEST
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Technology
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NEXION Group Advances Satellite Solutions, Boosts Revenue 5.45% Amid WA Mining Growth
3:52am on Monday 2nd of June, 2025 AEST
Key Points
Revenue rose 5.45% to $1.16 million in Q1 2025
Operating costs reduced by 7.5%, improving cash flow
Delivered innovative Starlink-based network backup for remote mining
Secured new contracts with major Western Australian iron ore operators
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Nexion Group (ASX:NNG)
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