ATV Secures Additional Circuits adding to contract value
| Stock | Activeport Group Ltd (ATV.ASX) |
|---|---|
| Release Time | 30 Jul 2025, 12:18 p.m. |
| Price Sensitive | Yes |
Activeport Secures Additional Circuits, Boosting Contract Value
- Activeport adds 125 new circuits in July, bringing total to 200 circuits
- New orders add $2 million in contract value over 36 months, taking total to $3.2 million
- Rapid market adoption of Activeport's network orchestration software and FibreconX's fibre infrastructure
Activeport Group Ltd (ASX: ATV) launched its innovative Network-as-a-Service (NaaS) platform in May 2025, leveraging the high-performance FibreconX Pure Fibre network to deliver variable bandwidth connections between Australia's commercial centres to its major data centre hubs. In June 2025, the company announced an initial take-up of 75 new circuits, adding up to $1.2 million in contract value over 36 months. The company is now delighted to announce the booking of an additional 125 circuits in July 2025, bringing the total to 200 circuits since launch. These new orders add another $2 million in contract value over 36 months, taking the total to $3.2 million in just the first two months since launch. The circuits will be deployed over the next 18 months, reflecting the rapid market adoption of Activeport's cutting-edge network orchestration software paired with FibreconX's state-of-the-art fibre infrastructure in the booming AI-driven market. The overwhelming response to Activeport's Global Edge NaaS platform, launched just two months ago, demonstrates the transformative power of the company's software when paired with FibreconX's state-of-the-art fibre network. Securing $3.2 million in revenue commitments and achieving 50% of Activeport's FY26 sales target in just the first month of the financial year is a testament to the market's demand for high-performance, flexible, and cost-effective network solutions.
With these orders, Activeport has already secured commitments for 50% of its FY26 budget within the first month of the financial year, positioning the company for significant growth.
As Activeport deploys these 200 circuits over the next 18 months, the company will introduce a suite of value-added services, including cloud-on-ramps, network integration, and managed cybersecurity solutions, to meet the growing demand for secure edge-to-cloud connectivity. The planned integration of NBN services will further extend Activeport's reach, providing seamless Australia-wide coverage to complement FibreconX's metropolitan network in Sydney, Melbourne, and soon Brisbane.