Why the Mach7 (ASX:M7T) share price is lifting today

The Mach7 Technologies Ltd (ASX: M7T) share price is edging higher in mid-afternoon trade. This comes after the company provided an update on its project with the Hong Kong Hospital Authority (HAHK).

At the time of writing, shares in the enterprise imaging platform provider are up 2.06% to $1.48.

Additional sales opportunities

The Mach7 share price is lifting higher after reporting progress on its flagship project.

In today’s release, Mach7 advised it had received $4.2 million in sales orders in the current financial year. The purchases include a licenced volume order for the company’s Vendor Neutral Archive (VNA), worth close to $3 million.

Mach7 highlighted that the recent sales orders were based on the original contract with…