AVA secures contract to supply detection systems
Stock | AVA Risk Group Ltd (AVA.ASX) |
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Release Time | 18 Aug 2025, 8:26 a.m. |
Price Sensitive | Yes |
AVA secures $0.8M contract to supply detection systems
- Ava Risk Group secures $0.8M contract with Siemens to supply Aura Ai-X Distributed Acoustic Sensing (DAS) technology
- Contract is for deployment in a major Australian transport infrastructure project
- Delivery to occur in Q1 FY2026, with potential for further $0.4M in contract variations
Ava Risk Group Limited (ASX: AVA) has secured a $0.8 million contract with Siemens Limited to supply its market-leading fibre sensing technology for deployment in a major Australian transport infrastructure project. The Aura Ai-X Distributed Acoustic Sensing (DAS) technology will be used to monitor and identify risks critical to the safe and efficient operation of the infrastructure. Delivery of the sensing systems will occur in Q1 FY2026, and there are no conditions precedent to the order. In addition to the immediate supply, Ava anticipates further contract variations to support system commissioning and provide associated services, estimated at an additional $0.4 million, subject to finalisation of project scope. Ava Group CEO Mal Maginnis commented that the contract builds on the company's previous success in delivering fibre sensing technology to the Sydney Metro project and reinforces the capability of Aura Ai-X in transport infrastructure applications. The company continues to see strong domestic demand for its technology and is confident of further opportunities across both Australian and international transport sectors.
Ava Risk Group expects to generate $0.8 million in revenue from the initial contract, with potential for an additional $0.4 million in contract variations, during the first quarter of the 2026 financial year.
Ava Risk Group is confident of further opportunities across both Australian and international transport sectors for its fibre sensing technology, building on its success in delivering solutions to projects like the Sydney Metro.