• Harvest Technology Group (HTG) has secured its first long-term deal for Nodestream live streaming technology with Vallianz Holdings.
• Under the deal, Vallianz will install Harvest’s Nodestream technology on its newly built DP2 sea-going vessel, Vallianz Prestige.
• This technology plays a key role in Vallianz’ vessel situational awareness, streaming live video from its onboard CCTV cameras to its onshore operations center at a fraction of the cost and bandwidth typically required.
• The contract has a contract value of USD 30,000 (approximately AUD 44,300) with an initial fixed term of 24 months.
• Harvest Technology Group last traded 5.88% higher at 9 cents at 1:38 pm AEST.

Harvest Technology Group (HTG) has secured its first long-term deal for Nodestream live streaming technology with Vallianz Holdings.

The deal will see Vallianz install Harvest’s Nodestream technology on its newly built DP2 vessel, Vallianz Prestige.

This technology plays a key role in Vallianz’ vessel situational awareness, streaming live video from its onboard CCTV cameras to its onshore operations center at a fraction of the cost and bandwidth typically required.

The contract has a contract value of USD 30,000 (approximately AUD 44,300) with an initial fixed term of 24 months.

The value of the deal isn’t significant on its own, but Harvest said the new relationship with Vallianz could significantly increase the group’s annual revenue over time as more contracts are secured. said.

“We are thrilled to develop our relationship with Vallianz in the APAC region and look forward to helping them expand our technology to other vessels around the world,” said Richard Coston, Head of Sales, Harvest. said.

Vallianz offers dedicated vessels to Tier 1 clients in the offshore energy sector. The company operates more than 70 of her vessels around the world and offers Harvest the opportunity to expand on this first contract in the future.

Harvest Technology Group last traded 5.88% higher at 9 cents at 1:38 pm AEST.