Veris secures $6m contracts

Perth-based Veris has announced contracts worth $5.6 million with Rio Tinto, BHP and Bunnings through subsidiary Aqura Technologies.

The company said the contracts included the provision of managed services across industrial wireless, content access networks and unified communications.

“Aqura continues to increase revenue on the back of the recently announced three-year services contract with BHP (and its related body corporates),” Veris managing director Adam Lamond said.

“In addition, the continued relationship in providing managed service contracts to tier one clients across Australia and New Zealand solidifies Aqura’s position as a strong standalone business.

“These awards provide a strong order book of secured work for the FY19.”

Aqura general manager Travis Young said the contracts demonstrate the company’s diverse range of service capabilities.

“These awards complement the industrial wireless projects performed by Aqura, with the recent completion of works for Rio Tinto, (Amrun, Queensland), where Aqura provided integral support in establishing secure, highspeed communications networks based on LTE technology,” he said.

“Aqura is in a strong position to deliver continued growth and drive value into the Veris business.”

Shares in Veris were off 2.04 per cent at 24 cents each today.