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Share Name | Share Symbol | Market | Type |
---|---|---|---|
RCM Technologies Inc | NASDAQ:RCMT | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.02 | 0.09% | 22.00 | 19.03 | 22.98 | 22.20 | 21.78 | 22.20 | 55,551 | 01:00:00 |
Dr. Werner Götz, CEO of TransnetBW, and Mr. Bradley Vizi, Executive Chairman and CEO of RCM Technologies, Inc. signed a contract for upcoming projects, including Grünkraut substations, demonstrating the confidence of both parties in furthering their combined objective to design and operate critical electric transmission grid infrastructure builds.
TransnetBW sent a delegation to the United States from December 4 to 8 of 2023 to explore multiple opportunities and RCM's capabilities for future collaborations. This visit included tours of two high-voltage AIS substations in Texas and a medium voltage GIS substation in Washington DC, where RCM had significant project responsibility.
RCM's commitment and active involvement in the energy transition to a decarbonized net zero grid globally in Europe and North America, as well as its engineering and digital project management capabilities, were highlighted at the RCM Technologies offices in Midtown Manhattan.
RCM Technologies project reviews led by the RCM Energy Services Leadership Team included:
Mr. Vizi emphasized, “We provide our technical expertise, global resources, proprietary technology, and commitment to the partnership with TransnetBW. Our Energy Services team is looking forward to fully supporting TransnetBW in the development of their large-scale projects to achieve the goals of the ‘Energiewende’ in Germany.”
Dr. Götz added, “The successful execution of Grünkraut 1, combined with our ongoing collaboration, gave us confidence in the execution of an order for Grünkraut 2, and the start of a long-term partnership between RCM Technologies GmbH and TransnetBW to build the transmission grid of the future.”
RCM plans to continue to expand its engineering team and capacity in European markets with RCM Technologies GmbH in Frankfurt/Eschborn, supported by international integrated design team capabilities in North America and Europe.
RCM Technologies, Inc.
RCM Technologies (NasdaqGM: RCMT) is a business and technology solutions provider with world-class talent in key market segments. We help design, build, and enable the Industries of Tomorrow, Today. Operating at the intersection of Resources, Criticial infrastracture and Modernization of industries through advanced technologies, RCM is a provider of services in Health Care, Engineering, Aerospace & Defense, Process & Industrial, Life Sciences and Data & Solutions. www.rcmt.com
RCM Technologies, Inc. | Tel: 856.356.4500 | Corporate Contacts: |
2500 McClellan Avenue | info@rcmt.com | Bradley S. Vizi |
Pennsauken, NJ 08109 | www.rcmt.com | Executive Chairman |
Kevin D. Miller | ||
Chief Financial Officer |
Photos accompanying this announcement are available at:https://www.globenewswire.com/NewsRoom/AttachmentNg/04f6aa1d-6d47-4a5f-91d7-71f99893a8dc
https://www.globenewswire.com/NewsRoom/AttachmentNg/db497e56-7680-4462-a2e1-3346bfee7028
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