SuperCom Shares Rise After Receiving 2 New Contracts

Dow Jones

Jan 02

By Chris Wack

SuperCom shares were up 83% to $8.80 after the company said it has secured two new contracts with agencies based in Kentucky.

The technology company said these contracts involve the deployment of its public safety technology, used to improve monitoring capabilities and provide reliable solutions tailored to agency needs.

The company said it received these contracts after outbidding the companies that held the current contracts.

SuperCom stock is up 16% in the past 12 months.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

January 02, 2025 10:13 ET (15:13 GMT)

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