Taoping Expands Core Smart Elevator Business With New Orders Exceeding $3M

Benzinga·04/08/2026 12:35:07

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Taoping Inc. (NASDAQ:TAOP) (the "Company" or "Taoping"), a provider of innovative smart cloud platform services and solutions, today announced a significant expansion of its core smart elevator business with the new orders exceeding US$3 million. The multi-million dollars in new orders won through its wholly-owned subsidiary Skyladder (Tianjin) Technology Development Co., Ltd. ("Skyladder Technology") reflects a rebound in demand in the broader market for highly-reliable, state-of-the-art elevators and services, and further consolidates the Company's leading position in Tianjin.

The Company is capitalizing on its innovation leadership, deep technical bench, and consistent execution to establish a category-defining position in intelligent elevator infrastructure. Through its proprietary, patent-protected platform, Taoping delivers precision fault detection, real-time predictive diagnostics, and automated rescue capabilities, which materially reduce downtime, lower maintenance costs, and enhance safety outcomes.

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