WidePoint Corporation Announces $1.3 Million Managed Services Win with Leading Beverage Bottler
WidePoint (NYSE American: WYY) secured a $1.3 million Phase One managed services contract with a leading beverage bottler, delivering hardware, software, deployment, lifecycle management, and ongoing technical support.
Rhea-AI Summary
WidePoint (NYSE American: WYY) secured a $1.3 million Phase One managed services contract with a leading beverage bottler, delivering hardware, software, deployment, lifecycle management, and ongoing technical support.
The two-phased engagement supports near-term growth and scalability; Phase Two is scheduled for the second half of 2026 as part of a broader technical refresh initiative.
Positive
- $1.3M Phase One managed services contract
- Scope includes hardware, software, deployment, lifecycle management
- Phase Two scheduled for H2 2026 (additional revenue potential)
Negative
- Material revenue tied to a single client engagement
- Second phase revenue timing deferred to H2 2026
Details
News Market Reaction – WYY
In the Feb 18 session, WYY declined 2.00%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Managed services contract
- $1.3 million
- Phase One award with beverage bottler
- Agreement phases
- Two-phased
- Structure of managed services engagement
- Second phase timing
- Second half 2026
- Planned start for Phase Two technical refresh
Historical Context
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Announced participation in iAccess Alpha virtual investment conference with management presentation.
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Reported Q3 2025 results with revenue growth, higher EBITDA, cash generation, and large backlog.
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New five-year U.S. Army task order under Navy Spiral 4 worth over $1.25 million.
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Estimated $40–45 million FedRAMP SaaS contract for ITMS Command Center with telecom carrier.
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Five-year Navy Spiral 4 award for alpha-numeric paging and managed mobility services.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
trusted mobility management (tm2) technical
managed services technical
lifecycle management technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAIRFAX, Va., Feb. 18, 2026 (GLOBE NEWSWIRE) -- WidePoint Corporation (NYSE American: WYY), the federally certified provider of Trusted Mobility Management (TM2) solutions, announced a Phase One
Under the two-phased agreement, WidePoint will deliver end-to-end managed services – covering deployment, lifecycle management, and ongoing technical support – to ensure the bottler meets critical IT and infrastructure milestones tied to expansion and productivity initiatives. The second phase is scheduled for the second half of 2026 as part of an overall technical refresh initiative.
“WidePoint is pleased to support this premier beverage company as they scale their operations,” said Jin Kang, CEO of WidePoint. “This award underscores our ability to deliver tailored managed services that align with our long-term clients’ growth objectives while ensuring reliability and cost efficiency.”
Jason Holloway, Chief Revenue Officer, added, “We continue to receive positive feedback regarding the excellent white-glove service we strive to provide our managed services client base. This win validates WidePoint’s dedication to proactive support and high-touch client engagement.”
About WidePoint
WidePoint Corporation (NYSE American: WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity & Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service, Cloud Security, and Analytics & Billing as a Service (ABaaS). To learn more, visit https://www.widepoint.com.
WidePoint Investor Relations:
Gateway Group, Inc.
Matt Glover or John Yi
949-574-3860
WYY@gateway-grp.com
FAQ
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