SenSen Secures Major NHVR Contract for AI-Driven ANPR Camera Systems

SenSen Networks Limited (ASX: SNS), a provider of Live Awareness AI solutions, has secured a significant contract with the National Heavy Vehicle Regulator (NHVR) for the supply, licensing, support, and maintenance of Mobile Automatic Number Plate Recognition (ANPR) Camera systems. The initial order, set to commence in December 2023, involves deploying 32 cameras across New South Wales, South Australia, Tasmania, and Victoria. Valued at approximately A$1.5 million, the contract includes recurring income of ~$500k per annum.

SenSen's AI solution, based on its Live Awareness technology, enhances heavy vehicle compliance by detecting passing vehicles and capturing detailed data. This contract represents one of SenSen's most substantial deals, with potential for further expansion across all NHVR jurisdictions. The NHVR aims to improve heavy vehicle compliance activities and enhance visibility within the national fleet using SenSen's ANPR camera solution. Since October 2021, SenSen has been delivering AI solutions to the NHVR, with the new contract expanding coverage to additional jurisdictions from December 2023.

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