SciDev Secures Initial Data Centre Contracts

Key points

• Initial contracts secured across two separate data centre developers and operators
• Scope of work includes design, consulting, and embedded engineering services
• Contracts anticipated to generate ~$0.5 million in revenue during 1H FY27

Full summary

SciDev Ltd (ASX:SDV) has announced securing its first contracts in the data centre market, marking an important milestone in its strategy to build a differentiated position in this emerging sector. The contracts, with two of Australia's largest hyperscale data centre operators and developers, include design, consulting, and embedded engineering services. These contracts are anticipated to generate approximately $0.5 million in revenue during the first half of FY27, with potential for expansion in the future.

Guidance

Contracts expected to generate ~$0.5 million in revenue during 1H FY27

Outlook

SciDev sees potential for scope and duration of services to expand in the future.