Solar security, sensing and visual AI solutions and platforms company Spectur Limited (ASX: SP3) (Spectur or the Company) is pleased to announce the signing of an agreement with Surf Life Saving NSW (SLSNSW) for the supply, installation, support and maintenance of Emergency Response Beacons (ERBs). A purchase order has been issued under this contract for $1,196,205.54.
The agreement commences on 1st December 2023 and expires 78 months after the delivery to SLSNSW, or manufacture by Spectur, of the last ERB purchased under the agreement.
The agreement provides for:
- Purchase and installation of additional ERB units (20 new units anticipated in this Q2 FY24 with an additional 20 units expected in 2025).
- Support and maintenance (including subscription and helpdesk) of new units, for 60 months from the date of installation.
- Support and maintenance (including subscription and helpdesk) of existing units (32), for the balance of 60 months from the date of installation.
Executive commentary
Spectur Managing Director, Gerard Dyson, said:
“As a business committed to community safety, it brings us tremendous pleasure to announce this long- term commitment to Surf Life Saving NSW. From our first shark warning systems installed 5 years ago to our current technology, we have invested in building the leading smart, wireless, outdoor safety and warning system for Australian conditions.”
“This agreement provides a framework for Spectur to seamlessly support the existing and new ERBs installed for SLSNSW for the duration of their design lives.”
Spectur Limited (ASX:SP3) is an Australian-based developer and manufacturer of security, surveillance, warning, environmental monitoring and AI solutions and platforms, powered by solar, IoT [Internet of Things], camera and cloud-based technology. The Company owns the rights to its innovative hardware and disruptive cloud-based systems which are deployed to provide solutions to industries including government and utilities, and the building, construction and civil sector. The Company fully owns the Three Crowns Technologies Limited and Spectur New Zealand Limited entities.
Spectur’s core products are solar-powered warning, deterrence, surveillance, environmental monitoring and AI systems and associated cloud-based platforms. These systems incorporate cameras, lighting, audible warnings and a hardware IoT platform, remotely accessed and connected via 3G/4G or satellite technology to a cloud-based platform. The cloud platforms include data ingestors and repositories, workflow managers, reporting tools and AI solutions.
Spectur has nearly 40 employees across Australia and New Zealand, with offices in Brisbane, Sydney, Melbourne, Adelaide, Perth and Auckland. The company services more than 600 active customers with close to 3,000 camera systems currently deployed.
