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Acusensus Limited (ASX:ACE)

ALERT: Price-sensitive ASX Announcement for ACE
Current share price for ACE : $1.195 -0.605 (-33.61%)+
Announcement
Release
31 Oct 2025 9:07AM
Price at Release
$1.800
Full Release
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Summary
Acusensus Limited announced an expansion of its contract with the Queensland Department of Transport and Main Roads, doubling the number of trailer-based speed enforcement units. The new units will be deployed starting November 2025 through 2026, each operating for at least five years. This contract variation is valued at approximately $16.6 million. The program, which uses Acusensus' transportable speed enforcement solutions, has already seen a 92% reduction in excessive speeding in the first seven months, highlighting its impact on improving road safety.
Key Points
  • Queensland Department of Transport and Main Roads expanded contract with Acusensus.
  • Doubling of trailer-based speed enforcement units.
  • Deployment from November 2025 through 2026.
  • Contract value approximately $16.6 million.
  • 92% decline in excessive speeding with current program.
  • Each unit to operate for an initial five-year term.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.