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Kooth secures major US contract causing share price jump

Published: January 22, 2026 at 10:18 am

Kooth, which provides digital mental health support through online platforms, has secured a one-year contract with an undisclosed US state to support up to 100,000 students. 

The deal is expected to be worth $2.6 million and will see the London firm deliver services via its Soluna platform to young people aged 13-18, including behavioural health resources, a moderated peer community and chat-based counselling with state-licensed professionals. 

The rollout will be managed through its existing workforce alongside new in-state counsellors across specified school districts. 

It expands Kooth’s presence in the US, where it now provides services in three states, including California and New Jersey.

Shares in the listed company have risen by over 10% in the first two hours of trading today to 115.78p.

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