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Acusensus Limited (ASX:ACE)

ALERT: Price-sensitive ASX Announcement for ACE
Current share price for ACE : $1.225 0.225 (22.50%)+
Announcement
Release
4 Aug 2026 8:48AM
Price at Release
$1.000
Full Release
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Summary
Acusensus Limited has been awarded a Master Agreement by the Kentucky Transportation Cabinet (KYTC) to implement a statewide real-time speed enforcement program in highway work zones in Kentucky, USA. The program, enabled by the Jared Lee Helton Act of 2025, will deploy camera trailers that operate in enforcement and data-collection modes. The initial term of the agreement spans from August 1, 2026, to July 31, 2028, with potential extensions up to 2031. The contract's initial value is approximately US$2.1 million, with a total potential value of up to US$20 million if all options are exercised. The project, following a successful pilot program and a competitive tender process, is part of Acusensus' broader strategy to expand road safety solutions in the US, alongside similar programs in Arkansas and Connecticut.
Key Points
  • Acusensus awarded Master Agreement by Kentucky Transportation Cabinet.
  • Program involves statewide real-time speed enforcement in highway work zones.
  • Enabled by the Jared Lee Helton Act of 2025.
  • Initial term from 1 August 2026 to 31 July 2028, extendable to 31 July 2031.
  • Initial order approximately US$2.1 million, potential up to US$20 million.
  • Camera trailers to operate in enforcement and data-collection modes.
  • Acusensus retains ownership and maintenance of camera assets.
  • Revenue model based on fixed monthly fee per trailer.
  • Competitive tender process, similar programs in Arkansas and Connecticut.
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.