Insights and updates

Straker Restricted (ASX: STG) – Eu Union guarantee win


AUCKLAND, Unused Zealand, Nov. 4, 2025 /PRNewswire/ — Straker Restricted (ASX: STG), a world chief in AI-powered translation answers, is happy to announce a fresh guarantee with the Translation Centre for the Our bodies of the Eu Union (CdT), an company of the Eu Union, for the supply of translation and related services and products.

Pledge Highlights

  • Scope of Products and services: The availability of translation and post-editing services and products, in particular for English textual content into French.
  • Estimated Agreement Worth: €0.525m (~NZ$1.06m at wave alternate price) over the overall anticipated time period of the guarantee, in keeping with expected volumes.
  • Time period: An preliminary time period of three hundred and sixty five days, mechanically renewable as much as thrice for a complete anticipated time period of 48 months, until both celebration provides written understand of non-renewal a minimum of 3 months sooner than the top of the wave time period.

CEO Remark

Serve Straker, CEO of Straker, stated: “The European Union has, on and off, been a valued customer of Straker since 2022. We are naturally pleased to be continuing our relationship under this agreement, which affirms both our technological leadership and our proven ability to meet the demanding linguistic and compliance needs of EU institutions.”

Disclosure Observation

Straker confirms this announcement accommodates all subject matter data related to assessing the affect of the guarantee and isn’t deceptive by way of omission.

Authorisation

This announcement has been permitted for let go by way of the Board of Straker Restricted.

Company:                                                Traders:
Serve Straker, CEO & Co-Founder            Ben Henri
E: [email protected]                                    E: [email protected]  
P: +64 21 512 484                                      P: +61 473 246 040

David Ingram, CFO
E: [email protected]
P: +64 21 591 984

About Straker

Straker supplies then moment language services and products supported by way of a state of the art era stack and powerful AI layer to shoppers all over the world. By means of combining the unedited to be had applied sciences with linguistic experience, Straker’s answers are scalable, cost-effective, and correct. Thru technical innovation and information analytics, Straker is a confirmed spouse in future-proofing world communications.

For more info consult with: www.straker.ai 
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