OMNIQ secures $1 million in new purchase orders from partner
- OMNIQ Corp. announced $1 million in new orders from a logistics partner.
- The purchase includes advanced hardware and service agreements to enhance operational efficiency.
- This milestone reflects trust in OMNIQ's solutions and positions the company for future growth.
In Salt Lake City on January 14, 2025, OMNIQ Corp., a leading provider of AI-powered solutions, revealed significant new purchase orders amounting to $1 million from a partner in the logistics and manufacturing sector. This measure marked an important milestone for the company, reinforcing its position as an essential supplier of advanced technology tailored for these industries. The purchase orders include not just hardware but also service agreements aimed at optimizing operational efficiency within a range of applications. This development demonstrates the growing reliance on OMNIQ's innovations within mission-critical environments. OMNIQ's proprietary AI-driven solutions focus on merging hardware and software to streamline operational processes. The service agreements included in the new contracts aim to foster ongoing support, ensuring customers reap enhanced functionality and sustained performance from their technology investments. The strategic decision to expand operational resources reflects OMNIQ's long-standing commitment to providing high-quality technology while simultaneously reinforcing its financial stability and growth strategy through recurring revenue. Shai Lustgarten, President and CEO of OMNIQ, expressed confidence regarding this latest achievement, interpreting the contract as a testament to the trust placed in their solutions by customers. These clients range from government agencies to prominent Fortune 500 companies spanning various sectors including healthcare, transportation, and food and beverage. The overall growth trajectory witnessed by OMNIQ since 2014 is noteworthy, with annual revenues more than doubling to reach $81 million in 2023 across more than 40 countries. Finally, as OMNIQ continues to forge significant partnerships within the logistics and manufacturing fields, it positions itself favorably against competitors and enhances its reputation as a trusted partner within mission-critical sectors. The latest purchase orders not only signify a vote of confidence in the company's AI-powered solutions but also lay the groundwork for future collaboration that may expand into additional market territories and opportunities.