Synertec Secures $1.1 Million Brooklyn Pump Station Upgrade Contract
Synertec Corporation has been awarded the delivery phase of the Brooklyn Pump Station IO Upgrade by Melbourne Water, extending a contract valued at approximately $1.1 million. The project modernises critical water infrastructure with advanced operational technology.
- Delivery phase contract follows successful design completion
- Project upgrades legacy I/O systems to Profinet technology
- Contract value totals approximately $1.1 million
- Enhances reliability and operational performance at Brooklyn Pump Station
- Reinforces Synertec's standing in water sector technology
Contract Award Extends Synertec's Role in Critical Water Infrastructure
Synertec Corporation Limited (ASX:SOP) has secured the delivery phase of Melbourne Water's Brooklyn Pump Station IO Upgrade Project, bringing the total contract value, including the completed design and scoping phase, to around $1.1 million. This award signals Melbourne Water's confidence in Synertec's technical expertise and project execution capabilities.
Modernising Legacy Systems with Profinet I/O Technology
The upgrade targets the replacement of ageing I/O blocks with modern Profinet I/O systems, alongside necessary network modifications. This transition is expected to boost the reliability, maintainability, and long-term operational performance of the Brooklyn Pump Station, a key asset in Melbourne's water infrastructure.
Comprehensive Delivery Phase Scope
Synertec's responsibilities during the delivery phase encompass procurement of hardware, configuration of Ethernet and Profinet networks, modifications to PLC and HMI systems, factory and site acceptance testing, installation, commissioning, network integration, and preparation of as-built documentation with operational handover. This end-to-end involvement underscores the company's growing footprint in operational technology solutions for Australia's water sector.
Strengthening Long-Term Partnerships
Managing Director Michael Carroll highlighted the significance of progressing from design to delivery, reflecting Melbourne Water's trust in Synertec's approach. The project further cements Synertec's long-standing relationship with Melbourne Water and its role as a trusted provider in critical infrastructure upgrades.
Positioning Amid Broader Growth Initiatives
This contract win complements Synertec's recent positive financial momentum, including its first operating cash flow positive result since FY19 and a $6 million capital raise to fuel growth. The company's expanding project pipeline, notably in operational technology upgrades for critical infrastructure, positions it well ahead of anticipated revenue growth in FY27.
Bottom Line?
Synertec's delivery phase award at Brooklyn Pump Station reinforces its technical credentials and deepens its foothold in water infrastructure technology, setting the stage for further contract opportunities.
Questions in the middle?
- How will the Brooklyn Pump Station upgrade impact Synertec's revenue recognition timeline?
- Could this project lead to expanded contracts with Melbourne Water or other utilities?
- What are the key risks in transitioning from design to delivery for operational technology upgrades?
