K2fly locks in $1.1m contracts

Local tech company K2fly has been awarded a series of consultancy contracts with existing clients Western Power and Arc Infrastructure worth about $1.1 million.

Under the Western Power contract, K2fly will complete additional advisory work in the customer solution design space, adding about $900,000 of work.

K2fly will also complete phase two of a mobile field working project for Arc Infrastructure worth about $200,000.

"Winning repeat business from existing clients is always important,” chief executive Brian Miller said.

“It shows that K2F has been performing good work on the accounts and satisfying the clients, therefore the project sponsors and their colleagues are happy to contract K2F to perform additional work.

“This is gratifying and tells us that we are moving in the right direction as a company.

“We employ subject matter experts who are our front-line delivery staff.

“Our investment in these staff is being rewarded and our clients receive very good value for money when they are deployed on projects.”

Shares in the company finished up 1.5 per cent at 34 cents each today.