Acusensus announces significant contract milestone

Acusensus (ASX: ACE) has announced a pivotal development in the deployment of its road safety technology. The company has secured a three-year contract with Fulton Hogan, valued at approximately $0.4 million. This marks a significant step in rolling out their innovative technology designed to enhance the safety of road workers through advanced monitoring and tracking solutions.

Overview of Acusensus' strategic announcement

Acusensus has reached a noteworthy milestone by entering a three-year contract with Fulton Hogan to deploy its road safety technology. This contract, worth around $0.4 million, initiates the commercial rollout of Acusensus' innovative safety solutions, which include real-time alerts and monitoring for road workers. The deployment starts with select sites in Australia, offering opportunities for future expansion across Fulton Hogan's extensive workforce. Acusensus aims to refine and scale this technology, indicating its potential for broader application within the industry. Founded in 2018, Acusensus continues to focus on AI-driven solutions to improve road safety, with a commitment to addressing critical issues like distracted driving.

Executive insights on new contract

The agreement with Fulton Hogan is a foundational step toward enhancing road worker safety. Our technology provides essential data, ensuring a safer work environment through real-time monitoring and alerts.