The company’s stock reached $3.29 following the news, capping off a day that saw an 8.3% increase during regular trading hours. This latest contract builds on a strong year for the firm, which has seen its share price climb 50% since January. Under the terms of the agreement, Micropolis manages the full lifecycle of the project, covering design, production, deployment, and ongoing maintenance of the cleaning systems.
Operations begin with the rollout of AI-powered autonomous sweepers designed to navigate urban environments. While the company confirmed the scope of the infrastructure project, leadership withheld specific financial details regarding the value of the five-year partnership.
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