Synectics Wins £1.1 Million Stagecoach Contract for Cutting-Edge On-Board Technology

 

Synectics plc (LSE:SNX) has secured a £1.1 million contract with Stagecoach, the UK’s largest bus and coach operator, through its systems integration division, Ocular Integration. The agreement marks the launch of a pilot program for Ocular’s new On-Board Hub, a multi-functional platform aimed at enhancing vehicle efficiency and passenger service.

Developed in partnership with Navaho Technologies Limited, the On-Board Hub combines critical capabilities such as automatic vehicle location, real-time passenger information, and improved surveillance integration. If the pilot proves successful, it could lead to a broader rollout across Stagecoach’s fleet, reinforcing Synectics’ growing influence in the transport technology market.

Business Outlook

Synectics continues to demonstrate solid financial momentum, supported by strong revenue performance, strategic contract wins, and shareholder backing. While technical indicators point to a positive trend, some signs of potential overbought conditions suggest a balanced outlook may be prudent.

About Synectics plc

Synectics specializes in advanced surveillance and security solutions for high-demand sectors, including public transportation, gaming, oil and gas, critical infrastructure, and urban environments. The company is recognized for its deep technical expertise and customized approach to complex operational challenges.

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• Technical Sentiment: Strong Buy

• Market Capitalization: £54.92 million

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