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The initial agreements include more than 300,000 metering endpoints. Over time, contract volume and revenue could triple in size, as several customers have the potential to expand their projects.
The new business represents a mix of customers migrating from one-way network technology and new customers deploying Gridstream networks for two-way advanced metering, load and grid management and consumer engagement capabilities.
The migration path to future-ready communication networks and grid sensors includes both Gridstream RF mesh network technology, offering reliable connectivity to meters, sensors and grid automation devices, and Gridstream PLX, a next generation PLC network that supports 15-minute interval data from every meter.