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Acusensus Limited (ASX:ACE)

ALERT: Price-sensitive ASX Announcement for ACE
Current share price for ACE : $1.105 -0.035 (-3.07%)+
Announcement
Release
23 Oct 2026 8:37AM
Price at Release
$1.140
Full Release
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Summary
Acusensus Limited announced that its wholly owned subsidiary, Acusensus Australia Pty Ltd, has signed a new Master Services Agreement and associated statements of work with the ACT Government, represented by the City and Environment Directorate, for territory-wide traffic enforcement services. The contract has an initial five-year term worth about $63 million excluding GST, with two additional five-year extension options that could bring the estimated total value to $210 million excluding GST. The agreement expands Acusensus’ role in the ACT from mobile phone and seatbelt detection to a broader enforcement partner covering red-light, speed and average speed enforcement, supported by transportable and fixed enforcement camera solutions as well as mid-office software for adjudication processes. Services include multifunction trailer-based systems, trailer-based speed enforcement, vehicle-based speed enforcement, and fixed-site red-light and speed cameras, with rollout expected to begin in mid-2027, further strengthening Acusensus’ position across Australian road safety enforcement markets.
Key Points
  • Acusensus signed a new territory-wide traffic enforcement contract with the ACT Government.
  • The initial contract term is five years and is valued at approximately $63 million excluding GST.
  • Two further five-year extension options could increase the total estimated contract value to $210 million excluding GST.
  • The contract includes transportable and fixed enforcement camera solutions for road safety offences.
  • Acusensus will provide operation, maintenance and mid-office software solutions for adjudication processes.
  • Enforcement capabilities include mobile phone, seatbelt, speed, average speed, red-light and vehicle of interest detection.
  • The rollout of replacement and expanded enforcement solutions is expected to commence in mid-2027.
  • The contract expands Acusensus’ existing relationship with the ACT Government and supports its Vision Zero road safety objectives.
  • The ACT joins Western Australia in using Acusensus’ full multifunction enforcement camera solutions.
  • Acusensus also holds enforcement contracts in New South Wales, Queensland, South Australia and Western Australia.
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.