urban-gro, Inc. Signs Multiple Contracts with Clients in the Industrial, Aerospace, Laboratories, and Hospitality Sectors for an Aggregate Value of More than $2 Million
LAFAYETTE, Colo., Sept. 14, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. https://www.urban-gro.com/ (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services consulting firm, today announced that the Company signed more than $2 million of contracts spread across existing clients in target sectors including industrial, aerospace, laboratories, and hospitality.
- LAFAYETTE, Colo., Sept. 14, 2023 (GLOBE NEWSWIRE) -- urban-gro, Inc. https://www.urban-gro.com/ (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services consulting firm, today announced that the Company signed more than $2 million of contracts spread across existing clients in target sectors including industrial, aerospace, laboratories, and hospitality.
- Collectively, the contracts include architecture and design, engineering, and construction management services for clients in the Midwest and Southern United States.
- The Company anticipates that the revenue for these projects will be predominantly recognized over the next two quarters.
- Additionally, and not contemplated in the aforementioned contract value, urban-gro signed a master service agreement (MSA) to provide engineering services (Mechanical, Electrical, Plumbing, and Fire Protection) for two national hotel chains in the United States.