SenSen Networks Clinches Major Montreal Contract

SenSen Networks Ltd. (AU:SNS) has released an update.

SenSen Networks Ltd. has secured a significant contract with Agence de mobilité durable de Montréal to supply mobile enforcement systems, with an initial order worth A$1.7M and the potential to reach A$17.7M over five years. The deal, which includes a three-year term with an option to extend for two additional years, underscores SenSen’s position as a global leader in the deployment of mobile enforcement systems and reflects the company’s growing influence in the smart urban management solutions industry. This contract is expected to facilitate the management of Montreal’s curbside and off-street parking, contributing to the city’s sustainable mobility and accessibility.

For further insights into AU:SNS stock, check out TipRanks’ Stock Analysis page.