icetana AI expands Curtin University contract, boosts recurring revenue

iCetana Ltd. ( (AU:ICE) ) has shared an announcement.

icetana AI, a Perth-based security technology company listed on the ASX, builds self-learning AI software that automates real-time anomaly detection across large surveillance camera networks for customers in sectors including education, retail, and public safety. Its system reduces manual monitoring loads by adapting to each camera’s environment and is already deployed across more than 70 sites and 19,000 cameras in over 15 countries.

The company has secured a three-year renewal and expansion of its software-as-a-service contract with long-standing customer Curtin University, valued at $242,000 and running through January 2029. The deal significantly expands camera licences, lifts the university’s annual subscription fee by 85%, and adds about $37,000 in annual recurring revenue, underscoring growing campus safety demand and strengthening icetana AI’s recurring revenue base and university sector credentials.

More about iCetana Ltd.

icetana Ltd., trading as icetana AI, develops self-learning security AI software for large-scale surveillance networks and Security Operations Centers. Its platform autonomously learns normal camera behavior and flags unusual or potentially dangerous events in real time, targeting complex multi-site environments such as education, retail, public safety, transportation, hospitality, and broader enterprise infrastructure.

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