Acusensus Wins $34m Speed Enforcement Contract with Connecticut Transport Department
Road safety technology company Acusensus (ASX: ACE) has been awarded a $34 million contract with the Connecticut Department of Transportation (CTDOT) to supply automated speed enforcement in work zones throughout the state.
The five-year program will start in November and involve the deployment of up to 15 transportable speed cameras, as well as image review services (including licence plate searches) and the preparation of violation notices for mailout to drivers caught speeding.
Acusensus will earn revenue predominantly through deployment and fixed monthly fees, and will be responsible for deploying and maintaining the camera assets, which the company will retain ownership of.
Largest US Contract Win
Acusensus founder and managing director Alexander Jannink said the contract represented the company’s first US automated enforcement deal and its largest US win to date.
“This contract marks a step change in our business and validates a well thought out strategy that we have set in motion over a number of years to grow the business in multiple sequential stages,” he said.
“Securing our first automated enforcement program is a pivotal achievement, […] and I am confident it will serve as an exceptional reference point to enable further success for us in the US.”
Mr Jannink said Acusensus was in an excellent position to deliver the Connecticut program following the rollout of a five-year, $82m mobile speed contract in New Zealand.
“We are proud to be supplying technology that can save lives in such a crucial area of the road network and we look forward to working with CTDOT to meet its ambitious timeframes and improve safety across Connecticut’s roads.”
WA Fixed Speed Cameras
The CTDOT deal comes hot on the heels of an $8.7m contract Acusensus received from Western Australia’s Road Safety Commission for the supply of multi-function fixed speed cameras at select locations along Perth’s Kwinana and Mitchell freeways for an initial term of five years.
The program will deploy Acusensus’ fixed safety camera technology at selected freeway locations to detect a range of road traffic offences, including speeding, mobile phone use, improper seatbelt use, closed-lane violations, and unlicenced vehicles.
The Commission, which had previously awarded Acusensus a $9.4m trailer-based enforcement contract in October 2024, has the option to extend the term on up to three occasions, each for a period of one year.