Moving iMage Technologies Secures $9M Deal to Install 150 Barco Laser Projectors Across U.S. Cinemas

Reuters

20 Jun

Moving iMage Technologies Secures $9M Deal to Install 150 Barco Laser Projectors Across U.S. Cinemas

Moving iMage Technologies, Inc. (NYSE American: MITQ) has announced a significant new contract with a longstanding national cinema exhibition customer. The deal involves the sale and installation of 150 Barco laser projectors, alongside various MiT-manufactured equipment such as pedestals and IS-30 automation systems, over the next three years. This contract, valued at approximately $9 million, aims to revitalize cinema locations across the U.S. with cutting-edge technology. Installations are set to begin in the fall, just in time for the 2025 holiday film season. This partnership underscores the benefits of transitioning to laser projection and enhancing the moviegoing experience with advanced technology.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Moving Image Technologies Inc published the original content used to generate this news brief via Newsfile (Ref. ID: 256172) on June 20, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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