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Traffic Technologies Ltd (ASX:TTI)

ALERT: Price-sensitive ASX Announcement for TTI
Current share price for TTI : $0.003 -0.001 (-25%)+
Release
28 Feb 2025 8:09AM
Price at Release
$0.004
Full Release
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Summary
Traffic Technologies Limited (TTI) has been awarded a contract valued at $0.8 million by the Victorian Department of Transport and Planning to supply and install LED tunnel lights and its proprietary Smart City System for the Martha Cove Tunnel and Pedestrian Lighting Upgrade in Victoria. The project aims to enhance safety and energy efficiency in a residential community on the Mornington Peninsula, with completion scheduled for 30 June 2025.
Key Points
  • TTI awarded a contract for Martha Cove Smart City IoT System.
  • Contract value is $0.8 million.
  • Project to enhance LED tunnel lighting and pedestrian safety.
  • Scheduled completion by 30 June 2025.
  • Contract awarded by the Victorian Department of Transport and Planning.
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.