K2fly has extended its involvement with Australian iron ore major Fortescue Metals Group, booking orders worth A$1.2 million for the provision of software development services.
FMG is among several mining heavyweights using multiple K2fly software products.
The ASX-listed technology company provides “platform-based” software-as-a-service (SaaS) products for environmental, social and governance (ESG) compliance, disclosure, and technical assurance reporting.
FMG was listed earlier this year as a user of K2fly’s land access, heritage management and ground disturbance reporting modules.
“We pleased to be working with Fortescue across a number of areas in the business,” K2fly CEO Nic Pollock said.
“Fortescue [is] using a number of our platform solutions and in addition, have engaged us for software development services in other areas of their business. These services are additional one-off revenues for K2fly and are also generated from time to time with other K2fly clients.”
K2fly’s share price (ASX: K2F) was up more than 14% in early trade Wednesday, capitalising the company at about A$34 million.