Institute of space technique and technology announces commissioning of "Transit" transportation tracking information system

05.09.25 15:59
/KASE, September 5, 2025/ – Institute of space technique and technology LLP (KASE ticker – IKTT) reported the following: quote The Institute of Space Technique and Technology LLP (hereinafter referred to as the Institute) hereby notifies investors, partners and interested parties of the decision taken by the Sole Participant (Kazkosmos Order No. 449/НҚ dated 29 August 2025) to put the Transit transport tracking information system into commercial operation. The Institute ensures the industrial operation of the information system, as well as its further development and expansion of functionality. Transit IS assignments: - preventing the illegal movement of goods; - reduction in transit time by eliminating additional checks en route; - increase in state budget revenues due to growth in VAT receipts. unquote Full version of the press release in Kazakh – https://kase.kz/files/emitters/IKTT/iktt_relizs_050925_13.pdf Full version of the press release in Russian – https://kase.kz/files/emitters/IKTT/iktt_relizs_050925_12.pdf Full version of the press release in English – https://kase.kz/files/emitters/IKTT/iktt_relizs_050925_14.pdf [2025-09-05]