ATV New Network as a Service exceeds sales expectations
Stock | Activeport Group Ltd (ATV.ASX) |
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Release Time | 18 Jun 2025, 8:21 a.m. |
Price Sensitive | Yes |
Activeport exceeds NaaS sales expectations
- Over $1.2M in new Network-as-a-Service orders in June
- Global Edge NaaS platform now live in Sydney and Melbourne
- Rapidly growing order book promises significant revenue in FY26
Activeport Group Ltd has received orders for more than 75 new Network as a Service (NaaS) ports in Sydney and Melbourne worth in excess of $1.2M over 36 months. Activeport launched its Global Edge NaaS platform in collaboration with the Fibreconx network late last year and after extensive engineering and field trials, began marketing the service in May 2025. The market response far exceeded expectations with 75 services committed in the first month, beating the anticipated run-rate immediately after launch. The Global Edge portal is now live, delivering a self-service edge-to-cloud network in Sydney and Melbourne with Brisbane to come in the second half of the year. The innovative Global Edge platform powered by Activeport's network orchestration software offers a first of its kind self-service last-mile fibre network to Australia's major data centres. Additional products including managed firewalls, cloud on-ramps, cloud routing and virtual edge services will increase revenue and gross margin as they're rolled out in coming months.
Activeport's anticipated average gross margin for the NaaS service approximates 65% as volume accumulates on the platform.