Ava Risk Group Limited (ASX: AVA) (“Ava” or “the Company”) is pleased to announce that it has secured two contracts valued at $0.9 million for the supply of its Aura Ai-X market leading fibre sensing technology and associated services in the sovereign border protection and transport infrastructure sectors.
The Company has been awarded a contract valued at $0.5 million for the provision of its Aura Ai-X Distributed Acoustic Sensing (DAS) technology for border protection in Latvia. The contract is for the immediate supply of the sensing systems and there are no conditions precedent. Delivery is expected to occur in H1 FY2026.
This contract follows the successful deployment of the Company’s detection technology to another eastern European country to provide border protection. It highlights the superior performance of Aura Ai-X in providing remote border protection and reflects the growing demand for border security applications for the Company’s detection technology.
Further to the announcement of 18 August 2025, the Company is also pleased to advise that it has received a contract variation of $0.4 million from Siemens Limited on its previously announced $0.8 million contract for the provision of detection systems to a major Australian transport infrastructure project. This contract variation is for commissioning and other related services attributable to the Aura Ai-X systems which will be used to monitor and identify risks critical to the safe and efficient operation of the transport infrastructure. The Siemens engagement on this contract now totals $1.2 million.
Commenting on the contract awards, Ava Group CEO Mal Maginnis said: “It is pleasing to see the continued progress we are making in key industry segments which has been built on our strong track record of performance.”
“Geopolitical drivers have seen border protection emerge as a significant segment for the deployment of our technology in recent years. The current contract represents the second country in eastern Europe in which Aura Ai-X will be installed and is the direct result of the superior detection performance of our technology on earlier deployments. Sovereign border protection remains a key priority in eastern Europe and other jurisdictions, and I expect to see further opportunities in FY2026.”
“It is also pleasing to receive the contract variation from Siemens for the commissioning and support of the Aura Ai-X systems delivered under the initial order. The systems are being installed as part of a major Australian transport infrastructure project, building on our previous success in providing fibre sensing technology to the Sydney Metro project.”
“The two contract awards demonstrate the versatility of Aura Ai-X to provide sensing solutions to multiple applications ranging from border protection to transport infrastructure. We continue to focus our sales effort on protection of critical infrastructure assets in energy, telecommunications and transport while also pursuing opportunities in our traditional perimeter detection market.”
ENDS
For further information, please contact:
Investor Enquiries
Alexandra Abeyratne
Sodali & Co
alexandra.abeyratne@sodali.com
+61 438 380 057
About Ava Risk Group
Ava Risk Group is a global leader in providing technologies and services to protect critical and high value assets and infrastructure. It operates three business segments – Detect, Access and Illuminate. The Detect segment manufactures and markets ‘smart’ fibre optic sensing systems for security and condition monitoring for a range of applications including perimeters, pipelines, conveyors, power cables and data networks. Access is a specialist in the development, manufacture and supply of high security biometric readers, security access control and electronic locking products. Illumination specialises in the development and manufacture of illuminators, ANPR cameras and perimeter detectors. Ava Risk Group products and services are trusted by some of the most security conscious commercial, industrial, military and government clients in the world. www.avariskgroup.com