SenSen Networks Secures New Contracts Totalling AU$2 Million in Fiscal 2026, Shares Rise 32%

MT Newswires Live
09/08

SenSen Networks (ASX:SNS) said it had secured new contracts totaling AU$2 million across Singapore, the US, and Australia in fiscal year 2026 to date, which are to be delivered within the fiscal year, according to a Monday Australian bourse filing.

In Singapore, it secured a AU$1.1 million contract with the Singapore Transit Authority, via its partner D-Ron, to deliver AI-powered remote compliance solutions.

It also secured new orders from the City of Philadelphia and the City of West Palm Beach, Florida, in the US. While in Australia, it entered into contracts with the Strathfield City Council and the City of Wollongong, both in New South Wales.

Further, it received AU$1.5 million in cash receipts from the city of Montreal, clearing all outstanding receivables from a recently delivered project.

Its shares rose almost 32% in recent trading on Monday.

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