ONN News Financial Update, Saeko Mori speaking.
In a startling turn of events , Kiroshi Inc. has lost the bid for street monitoring camera arrays to an up and coming tech company named Nexxus, Inc. In true David and Goliath fashion, this plucky start-up landed the lowest bid to supply Cocoon station with monitoring equipment.
"It's like a dream come true." said current CEO Joshua Whitehall. "Now that we will have more working capital to operate with, the sky's the limit. And yes, that refers to Camera and Sensor arrays on currently operating satellites.." he was heard to comment. "This is a pretty exciting moment for all of us here "
Stock price rates for Nexxus Inc. have more than quadrupled in worth since the contract was awarded, from merely 43.72 Solcred per share to an eye-opening 221.55 per share. Investment in Nexxus still remains strong as the company considers future programs.
"Businesses will still retain the ability to choose their own security cameras, of course, but to have our product on the public thoroughfares on Cocoon will serve as a quality replacement for failing or outdated tech.." Whitehall said.
Kiroshi 's systems have been plagued by failures and outages for the better part of the month. We reached out to Kiroshi Inc. but they refrained from comment at this time.
Saeko Mori
ONN News Financial desk
