Solar security, sensing and visual AI solutions company, Spectur Limited, has announced the signing of a three-year contract for $787,428 with Transport for NSW with optional extensions to nine years.
“The Spectur ecosystem is becoming increasingly flexible and expandable, with an ever greater number of opportunities to add in third party AI, sensors, cameras, devices and
other applications. It is becoming a core platform for many customers, and an increasing number of resellers,” said Spectur managing director, Gerard Dyson.
“Spectur continues to win increasingly large projects as evidenced by the year-to-date sales. These long- term contracts ultimately reduce and then remove the requirements for hardware sales and service to cover costs, ushering in a new era of profitability and a platform for accelerating growth.”
This contract includes the provision of the following services and products:
- Live webcam vision with night vision enabled cameras for 23 existing locations including all hardware supply, installation, maintenance, software and data provisions as a managed service.
- Expansion of these 23 locations to new fixed locations. This is currently being scoped.
- Provision of new mobile trailer systems. Quantity to be confirmed, with the potential to increase the base contract value of $ 787,427.
The contract follows on from an ongoing smaller contract with 100 per cent-owned entity 3 Crowns Technologies Pty Ltd (3CT), which was extended by 6 months earlier in 2024 and will be replaced when this contract is implemented, anticipated to be in January 2025.
There is an optional extension of an additional three plus three years, extending the potential duration of the contract to nine years. This contract will be executed through the 3CT entity.
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