Taoping Inc.'s subsidiary, Skyladder Technology, secured about $5.2 million in new smart elevator project orders, marking a key step in the company's AI-driven elevator strategy. These projects span urban renewal, affordable housing, commercial spaces, and educational facilities, enhancing Taoping's revenue outlook and market presence. The orders highlight growing demand for smarter, safer elevator solutions amid China's push for elevator modernization and predictive maintenance. Taoping aims to leverage this momentum for broader market expansion and recurring growth opportunities.
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