Key products Traffic lights: TTI a leading supplier of LED road lights to the Australian market. It is the largest supplier of lights for majorroads (Category V) in Australia. TTI’s latest release of LED lights has proven to be very popular, with cost savings of 60per cent in power, and 80 per cent in maintenance. TTI’s new smart street lights also monitor vehicles and are used tofeed into the controller to improve traffic light efficiency from 80% to 98%.An example of TTI capitalizing on the infrastructure spend is a contract awarded to it by Fulton Hogan to supply LEDroad lights for the M80 Ring Road Upgrade in Victoria - a $300 million jointly-funded project of the Victorian andAustralian Governments.
Traffic signals: TTI continues to be the dominant supplier of traffic signals to the Australian market.
Traffic controllers: TTI is also one of 3 licensees able to work within the SCATS (Sydney Coordinated Adaptive TrafficSystem) framework which is used also and operated in 27 countries and 37,000 intersections worldwide - regulating thesequencing and timing of traffic signals. 80 per cent of TTI’s revenue from this division now comes from offshore, acrossthe Middle East, Asia, and the Americas – for example TTI controls 40% of Singapore traffic flows.
Smart City platformTTI has been successful in commercialising its “Smart City” platform “TST” - a wireless solution to monitor lighting andassociated assets. TST’s intelligent remote sensors can gather information on a wide range of inputs which currently theenvironment, waste functions, pole tilt or damage, plus the management of asset maintenance.The smart city platform is also able to communicate "V to X" (vehicle to infrastructure), which will become increasingrelevant as new generation vehicles become more popular. V to X is emerging technology that enables vehicles toautomatically pass along messages regarding road conditions, traffic flow, and obstacles before these appear in thedriver's visual range. Vehicles are ‘connected to’ and receive signals from intelligent road infrastructure such as TTI’s.
TTI Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
