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Traffic Technologies Ltd ( (AU:TTI) ) just unveiled an update.
Traffic Technologies Ltd has secured a contract worth $0.8 million from the Victorian Department of Transport and Planning to supply and install LED tunnel lights and its proprietary Smart City System, TST, for the Martha Cove Tunnel and Pedestrian Lighting Upgrade in Victoria. This project, scheduled for completion by June 2025, aims to improve safety and energy efficiency in the Martha Cove area, reinforcing the company’s position as a leading provider of smart city solutions for roadways and tunnels.
More about Traffic Technologies Ltd
Traffic Technologies Ltd operates in the infrastructure industry, specializing in the provision of traffic management solutions. The company offers products and services such as LED lighting systems and smart city solutions, focusing on enhancing road safety and energy efficiency.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$4.61M
For a thorough assessment of TTI stock, go to TipRanks’ Stock Analysis page.