Ava Risk Group Secures AU$800,000 Contract

MT Newswires Live

08/18

Ava Risk Group (ASX:AVA) has secured an AU$800,000 contract with Siemens to supply its fibre sensing technology for deployment in an Australian transport infrastructure project, according to a Monday Australian bourse filing.

Delivery will occur in the first quarter of fiscal 2026, and there are no conditions precedent to the order, the filing added.

In addition to the immediate supply of the sensing systems, the company expects further contract variations to support system commissioning and provide associated services, which are estimated at an additional AU$400,000, subject to finalization of project scope.

The company's shares rose past 2% in recent Monday trade.

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