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Investing.com -- A2Z Smart Technologies Corp (NASDAQ:AZ) stock jumped 11.4% after the company announced it has secured an initial order for 3,000 next-generation Cust2Mate 3.0 Smart Carts from its strategic partner Trixo in Latin America and Mexico. The order is valued at over $25 million.
The smart carts will be deployed to a major international retail chain operating in Latin America, with rollout scheduled to begin in the first quarter of 2026. According to the agreement, the carts will be deployed under A2Z’s recurring revenue model, with monthly charges applied per unit for at least 36 months.
"The order builds on our partnership and validates the growing demand for our smart cart solutions. It also reflects our strategic focus on international growth and recurring revenue streams," said Gadi Graus, CEO of A2Z Cust2Mate.
To support this deployment and future expansion, A2Z Cust2Mate and Trixo have agreed to immediately begin building a dedicated local team to facilitate the rollout and support adoption of the smart cart solution in additional territories and retail environments.
Roberto Campos, CEO of Trixo, stated, "We are excited to take this next step with A2Z Cust2Mate and bring their innovative smart cart technology to the Latin American market. This order represents the first step in delivering advanced solutions to leading retailers across the region, that will revolutionize the instore customer experience."
A2Z Smart Technologies describes itself as a global leader in smart retail technology through its Cust2Mate division.
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