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Phunware has signed a Master Software and Services Agreement with Build Something, effective May 13, 2026, for the development of its Apollo 2.0 program. The agreement includes software development, testing, and advisory services, with fees up to $3.56 million based on milestones. The contract lasts one year, with options for two one-year renewals.

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Phunware

Phunware Engages Build Something in $3.56 Million MSSA to Develop Apollo 2.0

Zhengxu He disclosed a 2.6% stake in Phunware, Inc., amounting to 520,000 shares, in a Schedule 13D filed on April 6, 2026. His investment was made through open-market purchases in February and March 2026. He identifies as an active investor using personal funds, but the filing does not indicate any plans for board changes or strategic shifts at Phunware. He is known for straightforward ownership in public companies without complex fund structures.

Zhengxu He Discloses Investment at Phunware with 2.6% Stake

Phunware, Inc. reported its Q4 2025 financial results, showing a 33% increase in net revenue to $0.8 million, with an improved gross margin of 57.7%. The net loss decreased to $2.1 million, with a loss per share of ($0.11). For FY 2025, net revenue fell to $2.6 million, while gross margin rose to 50.6%. The annual net loss was $11.4 million, or ($0.57) per share. PHUN shares fell by 1.1% to $1.78.

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Phunware Flat on Quarterly Numbers

Phunware Reports Fourth Quarter and Full Year 2025 Financial Results | PHUN Stock News

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Phunware Reports Fourth Quarter and Full Year 2025 Financial Results | PHUN Stock News

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Phunware has recently launched a newly redesigned corporate website that showcases the development of their leading hospitality platform and enhanced products. The revamped website features a modern design and improved user experience, offering insights into the company's growth and advancements in the industry. This initiative aims to provide stakeholders with a comprehensive overview of Phunware's innovative solutions and services.

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Phunware launches revamped website showcasing advancements in flagship hospitality platform and products.

Phunware - CW22(PHUNW.US)

Phunware Engages Build Something in $3.56 Million MSSA to Develop Apollo 2.0

Zhengxu He Discloses Investment at Phunware with 2.6% Stake

Phunware Flat on Quarterly Numbers

Phunware Reports Fourth Quarter and Full Year 2025 Financial Results | PHUN Stock News

Phunware launches revamped website showcasing advancements in flagship hospitality platform and products.