Future First Technologies Limited (ASX:FFT) is building a portfolio of digital assets that seek to make life simpler and safer. The company owns two key businesses, farmbuy.com and Asset Vision, which it respectively acquired in April and November 2020, and around 8% of a third business, 1derful.com.au. The company has announced today that Asset Vision has won its first contract in Western Australia with a new Statement of Work to work with Venture Smart, a joint venture between Ventia and NYSE-listed Johnson Controls (NYSE:JCI), on the Statewide Electrical Infrastructure Services Contract for Main Roads Western Australia. Asset Vision’s software will be integrated with Main Roads Western Australia’s systems and be used to maintain road assets, including traffic signals, street lighting, electronic school zone signs, roadside assist help phones, CCTV cameras, vehicle detection systems, fibre optics and Bluetooth travel time units from Broome to Esperance and Kalgoorlie. The contract win comes on the heels of Asset Vision’s work with Ventia on its Regional Intelligent Transport Systems contract for Transport for NSW.
