Forum Topics ACE ACE ASX Announcements

Pinned straw:

Straw deleted
edgescape
Added 2 years ago

So far I couldn't find anything about who won. Must be another one of these private companies we know nothing about.

Bit of an overreaction on the selldown. At least now we know why the share price has been going up recently and it wasn't the results which in my opinion were no surprise.

8

edgescape
Added 2 years ago

Agreed, bad but not a disaster.

The Dutch Police have developed a similar system internally called a MONOcam

Maybe this was the circuit breaker for Acusensus to get a foothold in Europe? Rumblings are Germany is also looking at this from further googling.

However the MONOcam is not foolproof as in this news article when a man was fined illegally for having his hand near his face.

It is interesting that a law enforcement organisation and not a company specialised in AI imaging could develop this system. Kudos to the Dutch Police for taking up the challenge and giving the tech companies a real run for their money.

But I think there are still Acusensus trials ongoing in UK

Maybe bit late to sell now. Will have to hold and see what happens with these recent findings.

7

BkrDzn
Added 2 years ago

MONOcam is actually an Aussie group as it uses the software from OneTask who also licences their software to Jenoptik for the Victoria mobile/seatbelt camera system. I'm interested to see the Aussie CY23 data as I think that system hasn't been as effective as ACE's deployments.

8

edgescape
Added 2 years ago

Watched the webinar last night. One question was asked about the competition and Jannink did not give much detail in his answer.

I guess this loss could be a wake up call to do more research on the competition which didn't take much effort to do on my side.

Looks like the market have ACE the benefit of the doubt. Up 10%

5