Smart Parking lands City of Moonee Valley contract

Company News

by Jessica Ellerm

Smart Parking Limited (ASX:SPZ) has announced it will work with the City of Moonee Valley to provide a comprehensive Smart City Solution.

The business will install 1500 parking sensors as well as communication infrastructure to feed data from sensors to hand-held infringement notice issuing devices.

Smart Parking will also assist the City implement public WiFi through their SmartCloud communications infrastructure.

A 3 year maintenance service deal will accompany the contract, with ongoing renewal periods and extension options.

Shares in Smart Parking Limited (ASX:SPZ) are trading 4.26 per cent higher at $0.24.

Jessica Ellerm

Finance News Network
Jessica joined FNN in April 2016 and presents the Australian Share Market Outlook, and reports on the morning's leading business stories. Alongside FNN Jessica is a fintech industry commentator, writing for her own blog and a number of international online publications.