Technology company Acusensus (ASX:ACE) subsidiary, Acusensus Australia, secured a three-year contract with construction and utilities contractor Fulton Hogan to deploy its road worker safety product, according to a Wednesday filing with the Australian bourse.
The agreement, valued at AU$400,000, involves the introduction of the company's road worker safety technology to a small portion of Fulton Hogan's staff in Australia and New Zealand, the filing said.
Acusensus shares were up over 2% in afternoon trade Wednesday.
Price (AUD): $0.90, Change: $+0.02, Percent Change: +2.29%