Beonic Pty Ltd, a global leader in LiDAR-based passenger flow technology, has secured a milestone contract with a major North African airport authority, marking its strategic entry into the North African aviation market. The contract involves deploying cutting-edge LiDAR technology across seven major international airports, with a Total Contract Value of AU$15.2 million. The initial deployment will start at the primary international gateway airport, followed by full rollout within 12 months. This investment is made ahead of a significant international sporting event in 2030.

The deployment further solidifies Beonic's position as a market leader in passenger flow management solutions, enhancing efficiency and passenger experience in airports. Local support will be provided through a regional systems integrator. The contract is valued at $15.2 million, with Beonic's share at $10.6 million, covering installation and service fees over 5.5 years.

If you have any questions about this announcement, feel free to reach out to our CEO, Billy Tucker, at +61 2 8188 1188 or email billy.tucker@beonic.com. For financial inquiries, contact our CFO and Company Secretary, Michael Pearce, at +61 428 550 499 or email michael.pearce@beonic.com.