Sci & Tech

Two Tech Firms Sign Major Contracts With State Entities

Iran’s tech and startup ecosystems are rapidly expanding their role in industries, which helps knowledge-based firms gradually boost their economic share
Two Tech Firms Sign Major Contracts With State Entities
Two Tech Firms Sign Major Contracts With State Entities

Two tech firms at South Khorasan Province's Technology Park have signed 10 agreements with local executive offices and organizations, collectively worth 95 billion rials ($720,000).
The deals were signed during the 20th Exhibition of Research, Technology, Achievements and Techmart held last week at Tehran’s International Exhibition Center. 
Mehran Garmei, the park's director, said Motemayez Pardaz Houshmand Company (aka Motemayez Co.) is one of the two firms, which is active in the design and manufacturing of smart security systems and surveillance cameras, YJC reported.
"Motemayez Co. signed seven purchase agreements with two local airports, Tehran Municipality, Anti-Narcotics Police, Economic Security Police, the Headquarters for Combating the Smuggling of Commodities and Foreign Currency, and Iranian Space Agency," he said.
Garmei announced that the seven deals were worth 85 billion rials ($644,000).
Green Chemistry Company is the second knowledge-based company, which was successful in signing three deals with TM's Waste Management Office and Tehran Urban Innovation Center worth 10 billion rials ($76,000). The company produces water filtration systems and disinfection tablets used in workplaces, medical instrument and bleaching laundry.


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