HomeFinTechSkyfii: Shares soar on announcement of three-year McDonald’s agreement

Skyfii: Shares soar on announcement of three-year McDonald’s agreement

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Skyfii Shares soar on announcement of three-year McDonald’s agreement

  • Skyfii (SKF) signs a three-year deal worth $2 million with McDonald’s to test whether it can use its light detection technology to speed up deliveries and save food wastage
  • Under the deal, the company will provide a real-time whole-of-restaurant monitoring and analysis solution to help the individual stores improve their operations and efficiency
  • To assist delivery, SKF has partnered with the global strategy and research firm Halverson Group which has a long history and experience in working with McDonald’s
  • The solution is currently live in four McDonald’s stores with a further four to follow
  • Shares in the company end the day 62.9 per cent in the green to close at 5.7 cents
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