Roadway signage and IoT traffic systems company Traffic Technologies will provide software and hardware systems to boost the efficiency of traffic management at the FIFA World Cup Qatar 2022. It will supply its Smart City traffic controllers and software for Qatar’s road network. The FIFA World Cup runs from November 21 to December 18, and…
Roadway signage and traffic systems company Traffic Technologies is to raise $10.3 million from investors through a non-renounceable rights issue which is underway. The company has previously raised $2.17 million from sophisticated investors including $1 million from First Samuel. The company, which manufactures traffic hardware and provides software for end to end traffic management, IoT…
Roadway signage and traffic systems company Traffic Technologies has won a massive order from Ausgrid for 64,000 LED lighting systems. The company will provide Ausgrid with up to 30,000 LED pedestrian lights, 30,000 LED road lights and 4,000 LED floodlight luminaries over five years. The contract is for an initial three year period, but can…
Traffic light and control systems manufacturer Traffic Technologies has won a $900,000 order from Ausgrid to supply 5,000 ‘smart city ready’ LED street lights in New South Wales. The order, of so called P and V or pedestrian and vehicle category lights, will join 250,000 street and road lights owned by Ausgrid. Of the 2.3…
A slowdown in the market and delays in the approval of infrastructure projects has hit traffic light, electronic road signage and road lighting group Traffic Technologies. EBIT for the Melbourne company plunged to $500,000 for the half year to December, down from $2.5 million the year before. This was struck on revenue down from $25…
Road system technologies manufacturer Traffic Technologies (ASX: TTI) is branching out into smart city sensors and data analysis as it embraces the Internet of Things (IoT), The Melbourne company will develop with Monash Council and Monash University, both in Melbourne’s south-east,a smart city control system of sensors, communications equipment and data analysis technologies. The development,…
Brent Balinski speaks to Jon Bulman, Director of Manufacturing at Finisar, which has assembled and exported about $2 billion in optical products from Sydney, though would be a name unfamiliar to most Australians.
Silentium Defence has secured a $3.2m contract from the Australian Department of Defence to advance, deploy and demonstrate its passive radar system for monitoring traffic in space.
Michelle Kruger appointed President of Austal USA Shipbuilder Austal has announced that the Austal USA Board of Directors has appointed Michelle Kruger President of Austal USA. Michelle has been Interim President since July 2023 and assumes the permanent role immediately. Michelle joined Austal USA in 2022 as Vice President of Global Services and Support, responsible…
Rio Tinto spends up big with local suppliers Rio Tinto increased its spend with suppliers and local businesses in Australia to more than $16.1 billion in 2023, as part of the company’s commitment to support communities where it operates. This was an increase of five per cent on the previous year and was spent with…
