- Ansarada (AND) signs a 12-month, $1.2 million agreement with Infrastructure and Place, a division of Transport for NSW
- Ansarada is a software-as-a-service platform that enables companies to run more efficiently with reduced risk
- Infrastructure and Place (I+P) is responsible for a range of projects that helps develop liveable and vibrant places for the community.
- This agreement is a transition from engaging Ansarada project-by-project into a standardized platform agreement
- Ansarada ends the day 5.28 per cent in the green with shares trading at $1.90
Ansarada (AND) has signed a 12-month, $1.2 million agreement with Infrastructure and Place, a division of Transport for NSW.
Ansarada is a software-as-a-service platform that enables companies to run more efficiently with reduced risk.
Infrastructure and Place (I+P), one of Transport for New South Wales’ divisions, is responsible for a range of projects that helps develop liveable and vibrant places for the community.
This agreement is a transition from engaging Ansarada project-by-project into a standardized platform agreement.
CEO Sam Riley commented on the agreement.
“We’ve crafted our platform to support the whole Infrastructure lifecycle, from the sale of assets, financing of projects and the tendering activities for delivery of Infrastructure,” Mr Riley said.
“Given NSW’s respected status as a world leader in infrastructure management, this agreement also provides a valuable endorsement as we look to build scale in offshore markets and get more government departments making the decision to standardise on Ansarada too.”
Ansarada has ended the day 5.28 per cent in the green, with shares trading at $1.90 in a $159.9 million market cap.