Image Systems AB: Image Systems' Motion Analysis Business Unit Secures 1.8 MSEK Order from Leading U.S. Aerospace and Defense Company
Image Systems is proud to announce a significant order valued at approximately 1.8 MSEK from a prominent U.S.-based customer in the aerospace and defense sector. The customer, recognized for its cutting-edge innovation, has chosen to renew its subscription to our TrackEye motion analysis software-underscoring the value and performance of our solution in their R&D operations.
This renewal marks a major milestone: a five-year commitment that reflects the customer's continued trust in TrackEye's capabilities to accelerate development and enhance precision in motion analysis. The agreement includes a five-year software subscription, with revenue recognized on a monthly basis.
"This long-term renewal is a testament to the strength of our technology and the deep partnerships we build with our customers. We're honored to support their mission-critical work and proud to be part of their innovation journey."
says Johan Friberg, CEO Image Systems Motion Analysis