# Times Electric subsidiary SMD signs ROV system sales contract

Soil Machine Dynamics Limited (UK SMD), a wholly owned subsidiary of Times Electric, signed a sales contract to supply ROV systems to a customer from 2023 to 2025. The contract value is GBP 18.0945 million (approximately CNY 160 million).

- Type: Contract
- Announced: 2023-09-26
- Where: United Kingdom
- Value: $22.0M (18.1M GBP)
- Status: completed
- Products: ROV systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Times Electric](https://endata.com/companies/72848.md)
- [Soil Machine Dynamics](https://endata.com/companies/16670.md) (supplier)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/999975.html), 2023-09-26: "公司全资子公司Soil Machine Dynamics Limited近日与客户签订了一份销售合同，约定2023年至2025年英国SMD向合同对方销售ROV系统，合同金额1809.45万元英镑。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.