Veris Ltd. announced that wholly owned subsidiary Aqura Technologies has been awarded a $1.3 million contract by Shell to undertake the commissioning, validation of a new Private LTE network solution. The contract to support Shell's Australian operations also involves the provision of ongoing multi -year support via a 3-year managed services agreement, with a further two-year option. The award of this contract with Shell brings the value of total new contracts secured by the Aqura Technologies team to $17.8 million throughout the course of the first 5 months of FY21. The current work in hand pipeline of secured contracts involves a diverse mix of project execution opportunities, managed services agreements and as-a-service annuity style contracts across the spectrum of Aqura's product suite including Industrial Wireless (Private 4G /5G LTE Networks), Content Access Network solutions and IoT applications along with the continued delivery of Aqura's Unified Communications service offering.