Saferoads Holdings Limited (AU:SRH) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Saferoads Holdings Limited has secured an exclusive agreement with TrafFix Devices for the distribution of its HV2 temporary barrier in North America, which includes the USA, Canada, and Mexico. The HV2 Barrier, notable for being the only unanchored temporary barrier to pass MASH TL-4 testing, is now approved in 21 US states and Ontario, Canada, potentially reaching 185 million people. This deal marks a significant expansion opportunity for Saferoads, leveraging their innovative road safety product in a market substantially larger than Australia.
For further insights into AU:SRH stock, check out TipRanks’ Stock Analysis page.