Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%
Lithium
42.38
(0.52%)
Gold
2,749.10
0.53%
Copper
4.40
0.89%
Oil
71.13
0.91%
Bitcoin
67,106.02
(0.38%)
FTSE 100
8,267.42
(0.61%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,931.60
(0.67%)
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.38%
Hang Seng
20,498.95
0.32%

Advanced Braking Technology (ASX: $ABV) enters exclusive global distribution agreement

Advanced Braking Technology's strategic move


Advanced Braking Technology (ASX:ABV) has signed an exclusive global distribution agreement with RaptorTech Pty Ltd. This agreement grants ABT the rights to distribute, market, and sell BrakeiQ, an advanced auto braking system. The partnership aims to expand ABT's market presence into new sectors and enhance its geographical reach.

Strategic goals and market outlook


Advanced Braking Technology's new agreement with RaptorTech involves distributing BrakeiQ, a system compatible with Collision Avoidance Systems. This partnership is expected to enhance ABT's entry into untapped markets such as open cut mining and expand its geographical footprint. With the exclusive global rights, ABT will market BrakeiQ under its own brand name. The agreement, initially for three years, includes provisions for further product development and revenue generation, with an anticipated initial revenue of $1.1 million from inventory purchases. ABT is strategically focusing on innovation in the CAS space, aiming to strengthen its position as a safety OEM brand in the mining market.

Executive insights on the partnership


The collaboration with RaptorTech provides ABT with a significant opportunity to offer advanced safety solutions to our blue-chip customers while also supporting our revenue expansion goals.

ADVANCED BRAKING TECHNOLOGY LTD
ABV | ASX | Consumer Discretionary
0.0770.002(+2.67%)
At close 21/10 (AEDT)
Market cap
$29.5M
Volume
736,354
DY Yield
PE Ratio
Infinity
52 Week Range
0.041 - 0.08
1YR Return
N / A

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