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C-RAD’s Italian distributor announced as part of large tender

The decision for positioning technology in a country wide tender in Italy has been announced. The C-RAD distributor – Tecnosan SRL – placed first in the SGRT lot and third in the gating lot. The lots include multiple Catalyst + HD and Sentinel 4DCT systems.

The tender process is subject to an appeal period of 35 days starting today. Provided no appeal is filed, the distributor is expected to sign a purchasing contract with the tendering organization thereafter. Followed by an order to C-RAD with a total value exceeding 45 MSEK.
Delivery and installation of those systems is expected to commence during spring 2023 and is expected to be completed by the end of 2024.

C-RAD will inform the market once the purchase order is received.

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