Acusensus Receives Initial $2.2 Million Order Under Agreement With Kentucky Transportation Cabinet
MT Newswires Live
Aug 19
Acusensus (ASX:ACE) said the Kentucky Transportation Cabinet placed an initial order worth about $2.2 million over one year under a recent master agreement between the parties, according to a Wednesday filing with the Australian bourse.
The agreement calls for Acusensus to supply a real-time speed enforcement program at highway work zones across the US state.
Under the initial order, the company will deploy, operate, and maintain a fleet of camera trailers in Kentucky, per the filing.
Acusensus shares fell 2% in recent Wednesday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.