Acusensus Unit Secures Nearly AU$2 Million Deal With Victorian Government
MT Newswires Live
Sep 03
Acusensus' (ASX:ACE) Acusensus Australia subsidiary signed a two-year agreement worth roughly AU$1.7 million with the Victorian Government for the design, supply, installation and commissioning of road safety camera systems, according to a Thursday filing with the Australian bourse.
The company will deliver infrastructure at two test sites along a Victorian freeway, enabling its equipment to be tested for instantaneous speed and average speed enforcement, the filing said.
The systems are anticipated to be installed by mid-2027, per the filing.
Acusensus shares fell 1% in morning trade Thursday.
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