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Norwood Systems lifted customer receipts to $623,000 in Q1 2026, maintained positive operating cash flow year-to-date, and progressed key Tier-1 telecom contracts while securing additional working capital.

Norwood Systems has reported a record preliminary revenue of $2.1 million for the first half of FY2026, driven by milestone payments from Optus and a successful Tier-1 APAC proof-of-concept. The company is progressing multiple global telco engagements and strengthening strategic partnerships with Microsoft and AWS.

Norwood Systems delivered its strongest quarter yet with record cash inflows, significant debt reduction, and expanding global partnerships, setting a robust foundation for FY2026.