SRJ Technologies secures US$4.4 million UAE contract for robotic inspection services. The three-year agreement with a government-owned upstream oil and gas operator marks a significant milestone in the company's Middle East expansion strategy. The contract includes a two-year extension option and follows a successful proof-of-concept phase. This win adds recurring revenue to SRJ's pipeline as it builds embedded asset integrity services anchored by National Oil Company access. Combined with an earlier US$1.3 million maritime services agreement, SRJ is establishing a stronger foothold in the region. The company faced revenue headwinds in 2025 due to Middle East timing delays, but these new contracts demonstrate progress toward its strategic goals. Execution and cash conversion remain critical focus areas as SRJ works to stabilize operations.
