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Shares of Micro-Cap Gain Nearly 28% on First Commercial SaaS Win

Source: AllPennyStocks.com

2026-02-17 10:43:06 ET

For many companies (particularly start-ups) the defining turning point comes when the time, capital, and effort invested in developing a product or service culminate in securing a paying customer. That first commercial adoption transforms a prototype into a real-world case study and a powerful reference point for attracting future clients.

Landing an initial major customer also delivers important validation, confirming that the resources devoted to building the solution have created tangible value, not only for the first buyer, but potentially for many others to follow.

That is precisely the position one micro-cap company finds itself in today. A significant announcement marking this milestone has helped propel its shares sharply higher in today’s trading session.

Agereh Technologies Inc. (TSX-Venture: AUTO) (OTCQB: CRBAF) announced that a major international airport in the United States has signed on as its first commercial customer, rolling out the Company’s complete intelligent sensing platform across multiple terminals under a multi-year Software-as-a-Service (SaaS) agreement. The Canadian AI and advanced technology firm will deploy its full suite of transportation-focused solutions, marking a significant milestone in validating its strategy to deliver integrated, enterprise-grade systems for complex transit environments. The Company plans to leverage this deployment as a reference model when engaging additional airports, cargo operators, and other large-scale transportation clients.

As part of the agreement, the airport is implementing HeadCounter™, MapNTrack™, and Smart Door Sensor™. Together, these solutions provide anonymized, real-time passenger flow data, indoor and outdoor asset tracking through Wi-Fi–assisted cellular positioning, and live monitoring of door and access activity. The multi-terminal rollout highlights the scalability and flexibility of Agereh’s battery-powered, wireless infrastructure, which is engineered for quick installation without requiring expensive retrofits or complicated beacon networks.

The multi-year SaaS structure establishes a recurring revenue stream while embedding Agereh’s platform into the airport’s broader technology ecosystem for long-term operational use.

“This milestone represents the transition from product launch to enterprise validation,” said Ken Brizel, CEO of Agereh. “A large U.S. airport selecting all three of our solutions for multi-terminal deployment confirms that transportation hubs are actively seeking a unified, wireless intelligence layer to improve visibility, optimize operations, and enhance passenger flow. It validates both our technology and our strategy.”

Shares of AUTO are currently up 27.78% at $0.115, while U.S. listed shares are unchanged at $0.1288 in mid-morning trading.

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