Legend Power®? Systems has received its largest commitment for SmartGATE systems in the Company's history. Legend Power has received a Letter of Intent (LOI) to Award 10 SmartGATE purchases for a major United States Department of Defense (US DoD) facility.

This single deal is worth just shy of CAD 3 million, and when combined with the first order for the City of New York Public School System (announced June 27, 2024), bookings in the quarter is over CAD 3 million. This is an initial commitment and is anticipated to be expanded upon in the future as the DoD has several more buildings across multiple locations that likely require SmartGATE systems.