Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) told investors it has extended its existing aerospace contract with a Tier 1 US-based customer.
An original $1.05 million deal arrangement, first announced in June, was increased by $290,000 to $1.34 million, with the work due to be delivered over the next three months.
Ethernity said It expects further revenue from this customer during the second half of 2025.
In London, Ethernity shares started sharply higher (reaching 0.45p at one point), before easing somewhat to change hands at 0.031p - at this level, the nano-cap has a market value of less than £500,000.