Source - Alliance News

Trakm8 Holdings PLC - Dorset, England-based global telematics and data insight provider - Inks a contract extension with Drvn Solutions. ‘Under this contract extension Trakm8 will provide distribution services into the UK in addition to the existing device and data provision. Going forward, whilst there is no commitment in terms of unit numbers, any units will be supplied with Tram8’s ConnectedCare vehicle data solution,’ its says. Contract extended to August 2026.

Trakm8’s Executive Chair John Watkins comments: ‘We are delighted to extend the scope and duration of the solutions we provide to Drvn having been working closely together for many years.’

Current stock price: 8.00 pence per share

12-month change: down 47%

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