Published: 10/9/2026 12:58:45 PM

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Finwire about Xer Tech Holding AB: Xer Technologies signs two-year software agreement worth EUR 120,000

Through its subsidiary, Xer Technologies has signed an agreement with a company within a Hungarian energy group for cloud-based analytics software for inspecting power lines. The agreement runs for at least two years and is worth EUR 119,550, of which EUR 65,400 is for the first year and EUR 54,150 for the second year. The software will analyze inspection data from two previously delivered drones. Revenue is expected to start being recognized in the fourth quarter of 2026 and thereafter on an ongoing basis during the contract period.

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