Talius Group Limited (ASX: TAL), a provider of assistive technology solutions, has announced the receipt of an additional order under a major contract with Keyton Retirement Villages (formerly Lendlease’s Retirement Living).
The contract between Talius and Keyton involves the supply of solutions aimed at enhancing the safety and well-being of residents in retirement villages. Talius has already received orders for 10,000 units in the previous quarters of 2022 and 2023, and the delivery of these units is currently underway across several Keyton sites.
Under the new order, Talius will supply 3,100 units of a customised assistive technology solution, which includes their Care@home Hub and additional peripherals. The total revenue forecasted from this additional purchase order amounts to approximately $1.3 million. Delivery of the order is expected to begin in the third quarter of 2023 and will be rolled out throughout the calendar year.
All the services provided by Talius will be delivered through their state-of-the-art Talius Smart Care Platform, which operates as a subscription service. This platform offers a comprehensive suite of features and functionalities to support the health and safety needs of Keyton Retirement Villages’ residents.
In a release, Talius Group Limited (ASX: TAL) expressed their satisfaction with the ongoing partnership with Keyton Retirement Villages and their commitment to delivering cutting-edge assistive technology solutions. With the inclusion of Talius’ Smart Care Platform, Keyton residents can benefit from advanced emergency call systems and a range of other features designed to enhance their quality of life.