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Posted by
Two Blokes Jul 9 -
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Stock
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Calgary, Alberta--(Newsfile Corp. - July 9, 2025) - Zedcor Inc. (TSXV: ZDC) ("Zedcor" or the "Company") is pleased to provide a mid-year operational update, highlighting continued momentum from its MobileyeZTM fleet growth, strong utilization, production milestones, product innovation, and operational advancements across geographies and customer segments, including: MobileyeZTM Fleet Growth of 88% year-over-year to 1,882 towers as of June 30, 2025, representing sequential quarter-over-quarter growth of 20%, with utilization rates exceeding 90% Production Milestone achieved as weekly tower production is running at 35 units per week, while the Company has produced its 1,000th unit from its manufacturing facility in Houston, Texas Product Innovation continued as deployments of the newly designed, wall-mounted ZBox units eclipsed 115 in Canada Sales Advancements including significant growth across new and existing customers in residential construction and the expansion of services to North America's leading home improvement retailer in Canada, with more planned for the remainder of 2025 Demand for Zedcor's mobile surveillance technology remains robust with fleet-wide utilization rates exceeding 90% in the second quarter of 2025 and fleet expansion of 88% year-over-year at the end of June 2025. This represents 20% sequential quarter growth, while towers in markets outside of Canada and Texas grew 30% sequentially.
