Acusensus (ACE) Wins $16.6M Queensland Contract

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    Acusensus Ltd

    • ASX Code: ACE
    • Market Cap: $254,904,475
    • Shares On Issue (SOI): 141,613,597

    Acusensus (ASX:ACE) Announces $16.6 Million Queensland Speed Camera Contract Expansion

    As detailed in this investor update, the Queensland Department of Transport and Main Roads has expanded its contract with Acusensus Limited, effectively doubling the state’s trailer-based speed enforcement capabilities through a substantial $16.6 million contract expansion (excluding GST). This Acusensus Queensland speed camera contract expansion follows the demonstrated effectiveness of the company’s AI-powered technology, which was reported to have achieved a 92% reduction in excessive speeding incidents during the first seven months of its operation across Queensland roads.

    The ASX-listed technology company (ASX:ACE) will progressively deploy additional Harmony transportable solutions from November 2025 through 2026, with each unit contracted for an initial five-year term. The expansion positions the artificial intelligence-enabled road safety solutions provider for sustained revenue growth through 2031, with potential extensions adding further value to shareholders and demonstrating government confidence in the technology’s proven outcomes.

    What Is the Financial Value of the Queensland Speed Camera Expansion?

    The $16.6 million contract expansion represents a substantial growth driver for Acusensus, demonstrating both immediate financial value and an improved long-term market position. The agreement builds upon the company’s existing Transportable Road Safety Camera Solution Agreement with Queensland’s Department of Transport and Main Roads (TMR), showcasing the scalability of their AI-powered detection technology.

    Each new Harmony transportable solution will be deployed for a period of five years, with TMR holding options to extend the service timeframe under two optional one-year extensions. This structure provides Acusensus with revenue visibility extending potentially through 2031, whilst establishing a foundation for further Queensland opportunities and supporting consistent cash flow generation.

    The contract value excludes GST, indicating the substantial scale of this government deployment. Furthermore, the progressive deployment model allows for phased revenue recognition as units come online throughout the deployment period. This approach supports operational scalability whilst ensuring quality implementation across Queensland’s road network.

    How Effective Are Acusensus Speed Cameras at Changing Driver Behaviour?

    Queensland’s deployment of Acusensus transportable speed enforcement solutions has delivered exceptional real-world outcomes that demonstrate the technology’s measurable impact on driver behaviour modification. According to Founder and Managing Director Alexander Jannink, the programme achieved a 92% decline in drivers detected excessively speeding during the initial seven months of operation.

    This dramatic reduction in speeding violations showcases several key advantages of Acusensus technology:

    • Artificial intelligence-powered detection systems providing accurate enforcement capabilities
    • Transportable deployment flexibility enabling targeted positioning across road networks
    • Digital evidence capture supporting prosecution and behaviour change
    • Rapid behaviour modification demonstrated within months of deployment

    The effectiveness data validates the Queensland government’s investment in expanding the programme, whilst providing compelling evidence for potential adoption by other Australian states and international jurisdictions. Speed remains a significant contributor to road casualties, making the technology’s proven impact particularly valuable for government stakeholders focused on casualty reduction across diverse road environments.

    Why Is Speed Enforcement Technology Important for Road Safety?

    Speed enforcement technology addresses a critical factor in road casualties across Australia and globally. Speed is a significant contributor to road casualties, and the expansion of Queensland’s programme demonstrates government commitment to leveraging technology for behaviour change across more extensive road networks.

    The Acusensus Queensland speed camera contract expansion will result in behaviour change across more of the road network, ultimately reducing road casualties through consistent enforcement presence. Traditional fixed camera installations provide limited coverage, whilst transportable solutions enable targeted deployment at high-risk locations identified through data analysis and emerging safety concerns.

    Furthermore, the 92% reduction in excessive speeding demonstrates that technology-enabled enforcement creates rapid behaviour modification. This effectiveness represents not merely detection capability but genuine road safety improvement through changed driver behaviours, supporting government objectives for casualty reduction whilst generating sustainable business outcomes for technology providers.

    What Technology Powers Acusensus’ Transportable Speed Enforcement Solutions?

    Acusensus has developed Harmony transportable solutions that represent a breakthrough approach to flexible road safety enforcement. Unlike fixed camera installations, these portable units can be repositioned across multiple locations, maximising utilisation rates whilst minimising infrastructure investment requirements for government clients.

    The technology leverages proprietary artificial intelligence algorithms to detect and provide prosecutable evidence of various traffic violations, including:

    • Speeding enforcement with precise velocity measurement capabilities
    • Mobile phone use detection whilst driving
    • Seatbelt compliance monitoring across vehicle occupants
    • Railway crossing violations at protected intersections
    • Vehicle of interest monitoring for law enforcement purposes

    This multi-application capability positions Acusensus as a technology platform provider rather than a single-purpose vendor, supporting diverse revenue opportunities across government and commercial stakeholders. The company’s AI and sensing expertise extends beyond traditional enforcement into worker protection systems, including the Forsite road worker safety system that integrates roadside sensors with connected wearables and real-time analytics.

    When Will the Additional Queensland Speed Cameras Be Deployed?

    The deployment timeline provides clear milestones for investors tracking Acusensus’ revenue recognition and operational expansion. Progressive implementation commences with the first go-live date in November 2025, followed by continued deployments throughout 2026 at various Queensland locations.

    Deployment Phase Timeline Contract Duration
    Initial Units November 2025 5 years + extensions
    Progressive Rollout Throughout 2026 5 years + extensions
    Service Period 2025-2031 Potential to 2033

    Each deployed solution operates under an initial five-year service agreement, providing revenue visibility through 2030-2031 depending on specific deployment dates. Additionally, TMR holds two optional one-year extensions per unit, potentially extending contracts through 2032-2033 and delivering additional revenue streams beyond the initial commitment period.

    What Does This ASX Announcement Mean for Shareholders?

    The Queensland contract expansion delivers multiple value drivers that position Acusensus for sustained growth across the Australian road safety market. The $16.6 million contract value provides immediate financial scale, whilst the five-year service terms offer revenue predictability extending through the current decade and supporting consistent cash flow generation.

    Financial Impact:

    • Immediate contract value of $16.6 million excluding GST
    • Recurring revenue model supporting consistent cash flow generation
    • Extension options providing potential upside beyond 2031
    • Demonstration of pricing power in government sector relationships

    Market Positioning:

    • Technology validation through measurable 92% effectiveness improvement
    • Government client expansion showcasing satisfaction and adoption
    • Platform for replication across other Australian states and territories
    • International expansion foundation supporting global growth opportunities

    The announcement also validates Acusensus’ business model transition from equipment sales to recurring service agreements, providing higher-quality revenue streams with improved predictability. This approach supports sustainable competitive positioning whilst generating superior shareholder returns over extended periods through consistent revenue recognition.

    With a market capitalisation of approximately $254.9 million and 141,613,597 shares on issue, the Acusensus Queensland speed camera contract expansion represents a meaningful financial contribution to the company’s revenue base. The contract value equates to approximately 6.5% of current market capitalisation, demonstrating substantial incremental business value from a single government client expansion.

    How Does Acusensus Technology Compare to Traditional Speed Enforcement?

    The Acusensus Queensland speed camera contract expansion highlights the advantages of AI-enabled transportable solutions over traditional fixed camera installations. Transportable deployment flexibility enables targeted positioning across road networks, addressing emerging safety concerns and high-risk locations without permanent infrastructure investment.

    Traditional speed enforcement typically relies on fixed camera installations at predetermined locations, creating predictable enforcement patterns that may reduce effectiveness over time. In contrast, Acusensus’ Harmony transportable solutions can be repositioned to address specific high-risk areas, maintaining enforcement unpredictability whilst maximising utilisation rates across diverse locations.

    Furthermore, the multi-application capability of Acusensus technology provides additional value beyond single-purpose enforcement. The same platform detecting speeding violations can also identify mobile phone use, seatbelt non-compliance, and other traffic offences, delivering broad-based road safety monitoring through integrated artificial intelligence algorithms.

    What Are Acusensus’ Broader Road Safety Technology Applications?

    Leveraging AI and sensing expertise, Acusensus provides technology that protects workers in live traffic environments beyond traditional enforcement applications. The Forsite by Acusensus road worker safety system integrates roadside sensors, connected wearables, and real-time analytics to give crews early warning of approaching vehicle risks.

    This worker protection technology delivers the vital seconds needed to avoid harm whilst generating data that helps make worksites safer over time. The application demonstrates Acusensus’ ability to leverage core artificial intelligence and sensing capabilities across multiple road safety domains, supporting diverse revenue streams and market opportunities. The technology platform approach positions Acusensus for expansion into adjacent road safety sectors and new geographical markets.

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    Kevin Farrugia
    By Kevin Farrugia
    Chief Writer
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