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Market Alert : Can Precious Metals and Oil Hold Momentum Amid U.S. Treasury Buybacks and Ongoing U.S.-Iran Tensions?
Etherstack plc (ASX: ESK) has secured an expansion to the scope of its primary UK government project, originally announced in October 2025. The expanded project scope is set to contribute a further £0.5 million (US$0.7 million) to Etherstack’s revenue. The broader scope will also increase recurring support and maintenance fees, strengthening the project’s longer-term revenue contribution.Management expects the incremental project revenue to positively contribute during H1 FY27. Etherstack also highlighted that projects of this type can expand over time through additional functionality, longer contract durations and higher revenue opportunities.Etherstack develops, manufactures and licenses mission-critical radio communication technologies globally. Its solutions serve public safety, defence, utilities, transportation and resources markets, supporting communication equipment designed for demanding operational environments.
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