Affluence Corporation (OTCID: AFFU) announced that its subsidiary Mingothings SLU (“MTi”) was awarded approximately EUR 5.6 million in new projects during the first quarter of 2026. The company reported these strong results, underscoring its role as a technology partner in IoT, smart infrastructure, connected industries, and digital transformation.
The awarded projects have not yet been recognized as revenue and are subject to the timing of contract execution and delivery. This solid commercial performance reflects continued demand for MTi’s integrated technology solutions across strategic sectors. MTi’s Q1 results demonstrate its ability to convert market opportunities into high-value projects while expanding its capabilities in IoT platforms, systems integration, real-time monitoring, digital twin technologies, and data-driven operational solutions.
MTi’s activity aligns with the growing need for connected infrastructure, intelligent asset management, and secure digital transformation solutions across public and private-sector environments. As organizations increasingly seek to modernize operations and improve decision-making through real-time data, MTi positions itself as a partner for complex technology deployments.
The company’s business strategy focuses on delivering high-value professional services and scalable technology solutions that support clients in managing connected assets, improving operational visibility, and unlocking the value of data. This approach supported strong Q1 activity across areas such as smart infrastructure, industrial IoT, mobility, energy efficiency, and connected industry solutions.
During the quarter, MTi also continued to strengthen its international positioning and technology offering, with ongoing work in IoT, AI, digital twins, and real-time data analytics aimed at driving measurable improvements in performance, efficiency, and sustainability for clients.
“Our Q1 results reflect the strength of our technology portfolio and the trust our clients place in our ability to deliver reliable, scalable solutions. The EUR 5.6 million in project awards is an encouraging indicator of the demand we continue to see for IoT, smart infrastructure, and digital transformation solutions,” said Francesc Domingo, CEO of MTi. “We look forward to updating shareholders as these projects are executed and as our pipeline develops over the remainder of the year.”
Looking ahead, MTi is focused on building on its strong Q1 results and continuing to strengthen its project pipeline throughout 2026, with a growing portfolio across smart infrastructure, industrial IoT, mobility, energy efficiency, and connected industry solutions.
Affluence Corporation is a diversified technology company focused on smart city, industrial IoT, and data-driven infrastructure solutions. Through its operating subsidiaries, including Mingothings, Affluence delivers AI-enabled IoT platforms, data visualization, and intelligent infrastructure technologies to enterprise, industrial, and municipal clients worldwide. For more information, visit Affluence Corporation.
Mingothings SLU is a specialist in integrated IoT solutions and data analytics for smart cities and connected industries. With expertise in real-time data processing, sensor integration, and adaptable IoT platforms, MTi provides innovative solutions designed to support efficiency, sustainability, and operational performance. Learn more at Mingothings.
