Electronic monitoring
Search documents
SuperCom wins new electronic monitoring contract in Texas
Yahoo Finance· 2026-01-10 14:05
Core Viewpoint - SuperCom (SPCB) has secured a new electronic monitoring contract with a juvenile probation agency in Texas, marking its second contract win in the state and demonstrating its ability to scale quickly in new U.S. markets [1] Group 1: Contract Details - The new contract involves replacing the incumbent electronic monitoring technology provider and modernizing offender supervision capabilities [1] - SuperCom will deploy its GPS tracking solution and proprietary monitoring platform to enhance juvenile supervision programs, focusing on reliability, accuracy, and operational efficiency [1] - The contract operates on a simple recurring revenue model based on active daily units [1]
SuperCom Secures New Contract in Nebraska, Expanding U.S. Presence into 10th New U.S. State in Less Than a Year
Prnewswire· 2025-05-27 13:00
Core Insights - SuperCom has rapidly expanded its presence in the U.S. electronic monitoring market, securing over 20 new contracts and entering 10 new states since mid-2024 [1][4] - The company has partnered with a Nebraska-based service provider to deploy its PureSecurity EM technology, transitioning existing GPS programs to SuperCom's platform [2][3] - The agreement establishes SuperCom as the primary EM technology partner, with a revenue model based on the number of daily units [3] Financial Performance - SuperCom reported record Q1 2025 results, achieving $4.2 million in net income and an earnings per share (EPS) of $1.20 [4] Market Demand - The recent acceleration in contract wins reflects a growing demand for SuperCom's technology, with the company entering its third new state in under a month [4] - The company has also secured wins globally for domestic violence programs and over 15 national projects, indicating a strong interest from government agencies and service providers [4]