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TEL AVIV - A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ), whose stock has surged 930% over the past year according to InvestingPro data, has received an initial order for 3,000 Cust2Mate 3.0 Smart Carts from its strategic partner Trixo, valued at over $25 million, according to a press release statement.
The smart carts are slated for deployment to a major international retail chain in Latin America beginning in Q1 2026. The implementation will follow a recurring revenue model with monthly charges per unit for a minimum of 36 months.
To support the rollout, A2Z Cust2Mate and Trixo plan to establish a dedicated local team immediately. This team will facilitate the deployment and support adoption of the smart cart solution in additional territories and retail environments.
Roberto Campos, CEO of Trixo, described the order as "the first step in delivering advanced solutions to leading retailers across the region."
Gadi Graus, CEO of A2Z Cust2Mate, noted that the order "validates the growing demand for our smart cart solutions" and reflects the company’s focus on international growth and recurring revenue streams.
A2Z Cust2Mate Solutions Corp. develops mobile self-checkout shopping carts equipped with touch screens and scanning technology that allow customers to bypass traditional checkout lines. Trixo is a technology and service company that provides retail solutions at points of sale and through digital activations.
The companies did not disclose the name of the international retail chain that will receive the smart carts.
In other recent news, A2Z Cust2Mate Solutions Corp. has reported its first-quarter financial results for 2025 to the U.S. Securities and Exchange Commission. The unaudited financial statements, submitted as part of Form 6-K, provide insights into the company’s financial condition and operations. Additionally, A2Z Cust2Mate has entered into an agreement to sell its wholly-owned subsidiary, Isramat Ltd, to a purchaser affiliated with a company director for 3,250,000 Israeli Shekels. The sale, approved by non-interested directors and supported by a fairness opinion, is part of A2Z Cust2Mate’s strategic business realignment.
In analyst news, Benchmark has raised its price target for A2Z Smart Technology shares from $18.00 to $20.00, maintaining a Buy rating. Analyst Daniel Kurnos cited the company’s improved financial position, with an estimated $40 million in cash, and expressed optimism about its future prospects. Kurnos highlighted the company’s strategic investments and new major wins, suggesting A2Z Smart Technology may be nearing a critical turning point. He also noted the favorable competitive landscape and the potential for rapid scaling through significant orders. These recent developments reflect A2Z Cust2Mate’s ongoing efforts to strengthen its market position.
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