Quietly plodding along...

Initial contract $1.3mill for Sydney. Fingers crossed it leads to more councils.

Ausgrid estimates reduction of greenhouse gas emissions by 56% annually through energy savings, fault detection, optimising dimming functions.

Traffic Technologies’ (ASX: TTI) position in the Tasmanian street light market has been extended beyond its initial contract term after TasNetworks submitted a forward order for about $3 million of its smart city-ready LED street lights.

https://smallcaps.com.au/traffic-technologies-secures-further-purchase-tasnetworks/

Traffic Technologies is expanding rapidly, and the $9m contract win today follows closely on the heels of another contract won last week worth $5.7m.

Provider of end-to-end traffic management, IoT and Smart City solutions, Traffic Technologies LTD (ASX:TTI),  has secured long-term recurring revenue in Queensland after being awarded contracts worth $9m.

The contracts were awarded by the Queensland Department of Transport and Main Roads (TMR), for the supply of a wide range  of  traffic management solutions including hardware and associated software across the state.

The five-year contract also contains two options for further three-year extensions, which means that it could potentially expire as far out as 2032.

https://stockhead.com.au/tech/traffic-technologies-bags-9m-deal-from-qld-government-secures-long-term-revenue-in-the-state/?utm_medium=email&utm_campaign=Closing%20Bell%20Nov%2025&utm_content=Closing%20Bell%20Nov%2025+CID_4380c427bd7ca9d81bdff4bcf0d268a4&utm_source=Campaign%20Monitor&utm_term=Read%20More