• Software revenue up 49.3%; - Two new software licensing deals won; - GPU orchestration deployed to India's largest telco; - New Network as a Service (NaaS) platform commissioned

Activeport Group Ltd (ASX:ATV) achieved some significant wins in Q3, setting the company up for solid performance for the remainder of the year. Key highlights include a 49.3% increase in software revenue, two new software licensing deals, the deployment of GPU orchestration to India's largest telco, the commissioning of a new Network as a Service (NaaS) platform, and the deployment of an innovative Starlink enterprise network backup solution. The company also completed delivery of its new Fibreconx infrastructure in Sydney and won a strategically important project with one of Asia's largest tier-1 telecommunications companies. In India, Activeport won a contract to deliver its network management and orchestration software for a mid-sized ISP, and began roll-out of its compute modules for Cloud Gaming to India's largest mobile network operator. During the quarter, the development team completed delivery of Activeport's version 3.0 compute platform orchestration solution and began Alpha testing of the version 4.0 streaming engine. The company also migrated its SaaS platform to Google Cloud Services (GCS) in Singapore and completed integration of Fibreconx's API to enable self-service ordering of dark fibre circuits.

Software revenue was up 49.3% in Q3, and as the company brings on new customers in Australia, Southeast Asia, and India in Q4, this is expected to continue growing. Overall, the new products launched and a strong, expanding sales pipeline indicate that revenue across SaaS and Software should show consistent growth through Q4 and beyond.