Buddy Technologies: Extends agreement with Airstream
- Buddy Technologies (BUD) has signed a new statement of work under its Master Services Agreement with Airstream
- Airstream is a manufacturer of recreational vehicles and is a subsidiary of Thor Industries
- This marks the 6th statement of work between the parties and also will see Buddy continue deploying its Buddy Ohm Cloud technology into Airstream vehicles
- Buddy Ohm is an internet of things hardware solution that helps reduce the usage of various resources such as electricity, gas and water
- In total, A$764,000 will be payable in monthly instalments until October this year
- Buddy’s shares remain in the grey and are trading for one cent each
