Adacel Technologies (ASX:ADA) - CEO, Daniel Verret
CEO, Daniel Verret
Source: Adacel
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Adacel Technologies (ADA) receives a US$2.1 million (A$2.8 million) ATM system order from the Direction des Services de la Navigation Aérienne (DSNA)
  • The order will see Adacel deploy its latest Aurora Air Traffic Management system as well as undertake a full safety assessment for the Fort de France Airport in Martinique
  • The Aurora ATM system integrates oceanic, approach and tower control capabilities to manage the procedural airspace to improve airspace efficiency and safety
  • Based on the balance of FY22, Adacel expects profit before tax between US$5.7 million and US$46 million
  • Adacel ends the day 2.22 per cent in the green with shares trading at $1.15

Adacel Technologies (ADA) has received a US$2.1 million (A$2.8 million) ATM system order from the Direction des Services de la Navigation Aérienne (DSNA).

This order is part of the 2017 contract for the “Acquisition et maintenance du système de contrôle aérien des Antilles” (Acquisition and maintenance of the Antilles air traffic control system).

The order will see Adacel deploy its latest Aurora Air Traffic Management (ATM) system as well as undertake a full safety assessment for the Fort de France Airport in Martinique.

The Aurora ATM system integrates oceanic, approach and tower control capabilities to manage the procedural airspace in a surveillance environment to improve airspace efficiency and safety.

“We have been working side-by-side with our colleagues at DSNA since 2015 and are pleased to have successfully deployed new systems in French Guiana and Guadeloupe,” CEO Daniel Verret said.

“Together, we are modernising the airspace management in West Indies as proud participants in DSNA’s SEAFLIGHT program. We look forward to future collaborations and supporting our customers as needs and technologies evolve.”

Based on the balance of FY22, Adacel expects profit before tax between US$5.7 million and US$46 million.

Adacel has ended the day 2.22 per cent in the grey with shares trading at $1.15.

ADA by the numbers
More From The Market Online
Market Close Graphic

ASX Market Close: Another reversal as just-green Oz markets ignore US dive | Jan 3, 2024

The Aussie bourse has defied morning expectations for the second time in as many days, closing out all but flat with a 0.
A Red Sky Energy rig out in the ocean.

Red Sky Energy bleeds more than 18% after ‘landmark’ Angola block entry

Red Sky Energy was ready to pop champagne after being awarded 35% in a "transformative" Angola…
A patient being dosed with Imugene Limited testing materials.

First Aussie doses bring Imugene major step closer to ‘quicker, cheaper’ non-Hodgkin’s lymphoma care

Imugene Limited (ASX:IMU) has hit its first important milestone in 2025, dosing its first Australian patient with its allogenic
A market trading board with ASX marked on the side.

‘Shine a light’: ASX to get more aggressive on companies ‘not up to scratch’ on disclosures

The Australian Securities Exchange (ASX:ASX) will be taking poor disclosure from market-listed companies far more seriously through this next