SG Blocks Inc (NASDAQ:SGBX) shares are trading higher by 20.2% at $2.34 after the company announced SG ECHO, a subsidiary of SG Blocks, has broadened its relationship with a private client which is producing the company’s largest contract to date with SG ECHO.
SG Blocks says the purchase order is for more than 100 units and the Company expects to generate approximately $6 million dollars in revenue from this contract. The units are scheduled to be completed by the end of second-quarter 2022.
