On 7 July 2021 Damstra Technology announced they had signed a multi-year contract extension with NBN Co - Full ASX Announcement

Highlights include:

• New three-year agreement with NBN Co Limited (nbn) with potential to extend to 2027
• Expected revenue of up to $7m for Damstra over life of contract
• enAbleTM platform rolled out to all ~25,000 nbn workers and contractors Australia-wide
• Commitment to product innovation continues with implementation of digital ID cards

The enAbleTM platform is a leading workforce management platform which can store workers’ and contractors’ skills and competencies, host online training, and provide real-time information about nbn accreditations with auditing capability. Damstra’s management of the enAbleTM platform ensures that all nbn workers and contractors have the requisite skills and competencies to carry out work on the nbn network.

Damstra’s on-going investment in the enAbleTM platform has provided access to a range of new technology enhancements for nbn, including sophisticated reporting tools and the ability to communicate more effectively with workers and contractors. The next stage in the enAbleTM platform’s evolution is anticipated to be a transition to digital ID cards, which is expected to provide nbn with further processing efficiencies, enabling contractors in the field to deliver nbn services faster to their clients.

Damstra CEO, Christian Damstra, said: “We are very pleased to announce the signing of this MSA with nbn; already a valued customer of Damstra. We are proud of the work we have put into developing and evolving the enAbleTM platform and this agreement clearly demonstrates the confidence nbn has in Damstra’s ability to provide critical services for their workers and contractors across Australia. We look forward to continuing the relationship with nbn for many years to come.”