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Traffic Technologies Secures $25m Contracts Amid Strong Cost Savings
5:54pm on Sunday 1st of June, 2025 AEST
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Technology
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Traffic Technologies Secures $25m Contracts Amid Strong Cost Savings
5:54pm on Sunday 1st of June, 2025 AEST
Key Points
Order book exceeds $25 million with contracts up to nine years
Annualised cost savings of $4.2 million achieved since FY24
New $3 million USD convertible note and $8 million trade finance facility secured
Awarded $3 million Smart City IoT LED streetlight contract with Sydney City Council
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