QualityStocksNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Announces $2.8M Contract Awarded to High Wire Networks
Spectrum Global Solutions (OTCQB: SGSI) has announced that High Wire Networks Inc. was awarded a $2.8 million electrical contract to provide power and fire-alarm infrastructure for new 150,000-square-foot distribution center near Chicago. SGSI previously announced that it had entered into a definitive agreement for a merger with High Wire; the merger, which is anticipated to close within the next few weeks, is subject to specified closing conditions. The multimillion-dollar contract calls for the installation of a 2,500 amps electrical service and infrastructure to power multiple robotic charging stations as well as a large conveyance system at the distribution center, which…