Acusensus Limited (ASX: ACE) has secured a Master Agreement with the Kentucky Transportation Cabinet to deliver a statewide real-time speed enforcement programme for highway work zones across Kentucky, marking another expansion of its U.S. road safety business. The agreement has an initial term through 31 July 2028, with extension options to 31 July 2031. An initial order worth approximately US$2.1 million is expected during the first year, while the total contract value could reach up to US$20 million if fleet expansion and extension options are fully exercised. Under the agreement, Acusensus will supply, deploy, operate and maintain camera trailers that provide real-time speed enforcement and traffic data collection, with revenue generated through fixed monthly service fees rather than citation volumes. The award builds on the Company's successful pilot programme in Kentucky and further strengthens its recurring U.S. revenue base alongside existing statewide programmes in Arkansas and Connecticut.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services.
By continuing to use this site, we assume you consent to this.
Read our
Privacy Policy
and
Terms & Conditions
Acusensus Secures Kentucky Statewide Road Safety Contract with Significant Revenue Potential
Acusensus Limited (ASX: ACE) has secured a Master Agreement with the Kentucky Transportation Cabinet to deliver a statewide real-time speed enforcement programme for highway work zones across Kentucky, marking another expansion of its U.S. road safety business. The agreement has an initial term through 31 July 2028, with extension options to 31 July 2031. An initial order worth approximately US$2.1 million is expected during the first year, while the total contract value could reach up to US$20 million if fleet expansion and extension options are fully exercised. Under the agreement, Acusensus will supply, deploy, operate and maintain camera trailers that provide real-time speed enforcement and traffic data collection, with revenue generated through fixed monthly service fees rather than citation volumes. The award builds on the Company's successful pilot programme in Kentucky and further strengthens its recurring U.S. revenue base alongside existing statewide programmes in Arkansas and Connecticut.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au