InCoax has secured additional orders with a combined value of USD 545,000 (SEK 5.4 Million) for system products, software maintenance, operational, and platform support for installed InCoax systems from the US-based FiberLAN operator. Orders for system products in 2024 now amount to SEK 28.7 million, with the majority scheduled for invoicing in the first quarter of 2024. Revenues from software maintenance, operational, and platform support total 1.7 million SEK and will be recognized over a three-year period starting in January 2024.

The aggregated order value for deliveries to the operator in 2024 now exceeds USD 3 million (previously USD 2.5 million), equating to over SEK 30 Million. The operator is augmenting the earlier 2024 orders in line with its continued expansion plans utilizing InCoax's solution. This has resulted in additional orders aimed at ensuring the availability of products and services throughout 2024.