Traffic Technologies Ltd (ASX:TTI) Secures $0.8m Martha Cove Smart City Contract
Contract Details
Traffic Technologies Limited (TTI) has been awarded a $0.8 million contract by the Victorian Department of Transport and Planning. The project involves supplying and installing LED tunnel lights and the proprietary “Smart City System” (TST) for the Martha Cove Tunnel and Pedestrian Lighting Upgrade in Victoria. The contract is set to be completed by 30 June 2025. The upgrades will enable remote monitoring and control of the tunnel lighting 24/7, enhancing safety and energy efficiency.
Executive Comments
Managing Director, Con Liosatos, commented, “The award of this contract demonstrates the Company’s position as a preferred provider to the Victorian Department of Transport and Planning and the market-leading position of the Company’s “Smart City” system for roadways and tunnels.”
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