InvestSMART

iCetana Limited (ASX:ICE)

ALERT: Price-sensitive ASX Announcement for ICE
Current share price for ICE : $0.033 -0.002 (-5.71%)+
Release
30 Apr 2026 9:17AM
Price at Release
$0.035
Full Release
download
Summary
Icetana Limited presents its AI-based security technology that enhances surveillance capabilities, enabling a single operator to manage over 1,000 cameras in real-time. Targeting the Australian retail mall sector, Icetana plans scalable deployments through strategic partnerships, leveraging its robust history in AI surveillance. The company is addressing the increasing security challenges posed by rising crime rates in Australia through predictive security that evolves from detection to triage, prediction, and automation. Icetana's operations are supported by its proprietary AI engine, the Antara Core, boasting an impressive annual recurring revenue of $2.6 million with a 90% gross margin.
Key Points
  • Icetana's AI technology allows a single operator to manage over 1,000 cameras in real-time.
  • The company is focusing on the Australian retail mall market with plans for scalable rollouts through partnerships.
  • Icetana reports an annual recurring revenue (ARR) of $2.6 million with approximately 90% gross margin.
  • The presentation highlights increasing crime rates that expose gaps in Australia's security infrastructure.
  • Icetana's solution involves predictive security transitioning from detection and triage to prediction and automation.
  • The company emphasizes the competitive advantage of being in AI surveillance for 15 years.
  • Icetana operates with a private AI engine designed for modern security operations, dubbed the Antara Core.
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.