Ava Risk Group Limited has secured a contract worth approximately US$0.7 million (A$1.0 million) in partnership with Siemens Korea. The deal focuses on the protection of a critical solar infrastructure project in Qatar, where Ava Risk Group will supply its advanced Aura Ai-X fibre optic sensing technology.

Ava Risk Group’s Global Expansion with Aura Ai-X

Ava Risk Group CEO, Mal Maginnis, stated: “Securing this contract reflects the success of our global commercial team in major markets and with large partner firms. It is also another vote of confidence in what we believe to be the most advanced perimeter intrusion detection technology in the market. I am also delighted by our continued commitment in supporting a more sustainable environment through the protection of solar technologies. The contract reinforces our confidence that Aura Ai-X has become the solution of choice for the smart protection of critical infrastructure worldwide.”

Technical Features of Aura Ai-X

Aura Ai-X is a recently launched product featuring an embedded deep learning engine that enhances system performance through algorithm upgrades. Backed by the Company’s global data library, Aura Ai-X aims to deliver market-leading performance by combining a high Probability of Detection (POD) with the lowest Nuisance Alarms Rate (NAR).

Timeline and Future Software Upgrades

The supply of the Aura Ai-X detection software and associated equipment is slated for delivery during the second quarter of fiscal year 2024. The contract also covers future software upgrades and support, which further adds to the value of the contract for Ava Risk Group.

Market Opportunities and Recent Wins

This contract follows other recent wins for Ava Risk Group since the launch of Aura Ai-X in March 2023, signaling growing market opportunities for this advanced intrusion detection technology. The contract reinforces the company’s standing in the protection of critical infrastructure, particularly in the renewable energy sector.

  Ava Risk Group, Mal Maginnis, Qatar, Siemens Korea