By Digifin Pty Ltd · About this coverage
Key Points
- TfNSW exercises second option to extend Mobile Speed Camera Services Agreement
- Further six-month term runs 1 January 2027 to 30 June 2027
- Estimated value of the additional period about $16 million excluding GST
- Original contract first extended to 31 December 2026 from 30 June 2026 expiry
- Tender for a new long-term TfNSW mobile speed camera contract remains ongoing
About Acusensus (ASX:ACE)
Acusensus Limited is an ASX-listed technology company headquartered in Melbourne. It develops camera systems and artificial intelligence software used by road authorities and police to detect offences including mobile phone use, seatbelt non-compliance and speeding, and it also supplies a roadside worker safety system. It sells into Australia, New Zealand, the United Kingdom and the United States.
Transport for New South Wales has exercised the second option to extend Acusensus (ASX:ACE)'s Mobile Speed Camera Services Agreement for an additional six-month period.
The further extension runs from 1 January 2027 to 30 June 2027 on the same terms and conditions as the first option. Acusensus estimates the contract value for the additional six-month period at approximately $16 million excluding GST. The original agreement was due to expire on 30 June 2026 and was first extended to 31 December 2026, as detailed in the company's 22 June 2026 ASX release.
The tender process for a new long-term mobile speed camera services contract with TfNSW remains ongoing.
Source: Acusensus Limited (ASX:ACE), 1 October 2026. Summary content supplied by Digifin Pty Ltd.
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