on The Market Herald (CVE:DM)
Quanta AI Inc. Secures Major Contracts in Banking and Insurance Sector
Quanta AI Inc. announced securing contracts valued at approximately CAD $300,000 with a gross margin of around 65%. These contracts are in the insurance and banking sectors. Quanta's JobMIND solution will be implemented to enhance customer communication, improve disaster recovery infrastructure, and strengthen ransomware backup and recovery systems.
The CEO, Michael Kron, expressed excitement about the company's expansion into these industries. The contracts demonstrate Quanta's commitment to enterprise software implementation and IT systems development. The final payment for these contracts was received by the company in September 2026.
Quanta AI focuses on enterprise technology solutions and intellectual property monetization, aiming for consistent revenue and long-term shareholder value. Its South Korean subsidiary, Datametrex Korea, plays a crucial role in providing these services.
R. E.
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