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Acusensus Limited (ASX:ACE)

ALERT: Price-sensitive ASX Announcement for ACE
Current share price for ACE : $1.185 0.13 (12.32%)+
Announcement
Release
27 Jul 2026 9:10AM
Price at Release
$1.055
Full Release
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Summary
Acusensus Limited announced that the Queensland Department of Transport and Main Roads has exercised the first of two twelve-month extension options for the first tranche of mobile phone and seatbelt detection enforcement services, initially deployed in 2021. This extension aligns the service terms to end on 30 November 2027, with an incremental contract value of approximately A$4.3 million, excluding GST. The program, which has been expanded twice, provides automated enforcement solutions to detect illegal mobile phone use and seatbelt non-compliance, contributing to a significant reduction in unrestrained fatalities on Queensland roads.
Key Points
  • Queensland Department of Transport and Main Roads extends contract for mobile phone and seatbelt detection.
  • First of two twelve-month extension options exercised.
  • Service terms extended to 30 November 2027.
  • Incremental contract value of approximately A$4.3 million.
  • Program expanded twice, with significant reductions in road fatalities.
  • Enforcement solutions use automated technology for compliance detection.
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.