CyanConnode, narrowband radio mesh networks specialist, has received a purchase order from HM Power to implement smart meters for a Swedish utility.
The purchase order, worth $780,000, is part of a larger order for the supply of an IPv6-solution based on perpetual software licenses and annual maintenance for an initial period of 10 years.
Approximately 50% of the total order value relates to software licences which have been delivered. Roll out of the meters will commence in Q4 2018 following an initial 1,500-meter pilot in Q3 2018.
HM Power and CyanConnode have worked together for more than five years and in 2016 signed a license agreement for the distribution of CyanConnode products and services.
The Swedish-based system integrator provides smart metering and smart grids solutions to many Swedish utilities.
The Government Office of Sweden has announced that the next generation of smart meters is now being introduced and must be in place by 01 January 2025.
The new smart electricity meters will provide new functionality, such as hourly measurements, as well as support a user interface that enables customers to measure their consumption. In total, approximately five million next-generation meters will be installed.
John Cronin, CyanConnode executive chairman, commented: “We are pleased to announce this latest order, further demonstrating the growing demand for standards-based solutions.”