Datametrex AI (TSXV: DM) continues to see its userbase grow for its AI-based technologies. The company this morning announced two newly signed contracts with a total value of $150,000, with discussions already underway to expand the scope and size of the contracts following initial pilots.
The first contract is with that of ABL Life Insurance Co, which has seen the company utilize Datametrex’s job automation scheduling software. Specifics were not provided on the size of the contract, however negotiations are already said to be underway for an expansion of the contract, with work having already commenced on the project.
The second contract meanwhile is with the Incheon International Airport Corporation, which is a major airport within South Korea that serves Seoul. The contract is for tech support, as well as job automation scheduling that uses AI technologies for workload automation-as-a-service. Once fully implemented, the program is said to host a number of functions including security, batch job management, a flexible approval system, and more.
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The Incheon International Airport is the largest and primary airport that serves the Seoul region within South Korea. The authority here employs over 40,000 people, while serving over 70.8 million people in 2019.
Datametrex last traded at $0.13 on the TSX Venture.
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