ACE.ASX: Mobile Phone and Seatbelt Tech.Contract Extension in QLD

Mobile Phone and Seatbelt Tech.Contract Extension in QLD

Stock	Acusensus Ltd (ACE.ASX)
Release Time	27 Jul 2026, 9:10 a.m.
Price Sensitive	Yes

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Acusensus Ltd Extends Mobile Phone and Seatbelt Tech Contract in QLD

Key Points

QLD Department of Transport and Main Roads exercised first of two twelve-month extension options
Contract extension aligns service term end dates to 30 November 2027
Incremental contract value for the extension is approximately A$4.3 million (excluding GST)

Full Summary

Acusensus Ltd, an AI-enabled road safety solutions provider, has extended its contract with the Queensland Department of Transport and Main Roads for mobile phone and seatbelt detection enforcement services. The first of two twelve-month extension options has been exercised, aligning the service term end dates to 30 November 2027. The incremental contract value for this extension is approximately A$4.3 million (excluding GST). The program, which aims to reduce road trauma, has seen significant success, with a notable reduction in unrestrained fatalities on Queensland roads.

Guidance

Incremental contract value for the extension is approximately A$4.3 million (excluding GST)

Outlook

The extension reflects the ongoing value of the program and the shared commitment to reducing road trauma across Queensland.