Sensys Gatso Group AB Expands in Australia with New Contract

Sensys Gatso Group AB, a Swedish technology development and marketing company specializing in advanced sensor technology, has secured a significant contract in Australia. The company, known for its Intelligent Traffic Systems (ITS) in the Nordic countries and the United States, has signed a deal with Sensys Gatso Australia to provide mobile traffic safety systems as a service in the state of Victoria. This contract is initially valued at SEK 14 million.

The order, announced on August 5, 2025, involves the delivery of trailer-mounted mobile camera systems and services over a four-year period. The contract is with Serco Traffic Camera Services, acting on behalf of the Victorian government. The initial contract period extends until October 2029, with the option for three additional extensions of up to two years each, depending on customer needs.

This development comes as Sensys Gatso Group AB continues to expand its footprint in the global traffic safety market. The company, headquartered in Jonkoping, Sweden, is a key player in the Information Technology sector, focusing on electronic equipment, instruments, and components. Its product offerings include the Red Light Safety System and Speed Safety System, which are integral to red light monitoring and speed control.

Financially, Sensys Gatso Group AB is listed on the Swedish Stock Exchange, with a market capitalization of 481,390,000 SEK. As of August 3, 2025, the company’s close price was 41.5 SEK, with a 52-week high of 74.4 SEK on August 25, 2024, and a 52-week low of 36.55 SEK on April 6, 2025. The company’s price-to-earnings ratio stands at -165.628, reflecting its current financial performance.

This new contract in Australia underscores Sensys Gatso Group AB’s commitment to enhancing traffic safety through innovative technology solutions. The partnership with Serco Traffic Camera Services and the Victorian government highlights the company’s growing influence and capability in delivering effective traffic management systems on an international scale.