- Business
- Sensys Gatso Group AB Sensys Gatso Group AB (publ) develops, manufactures, markets, and sells advanced traffic safety enforcement systems and solutions worldwide; the company offers automated speed enforcement technologies including fixed spot systems, portable and semi-fixed units, moving in-vehicle radars, smart in-tunnel enforcement, and dual speed warning devices; red-light enforcement systems; mobile traffic enforcement solutions such as tripod-based and vehicle-integrated devices; back-office software platforms like Flux for sensor management, Puls for data analytics, and Xilium for violation processing; as well as Traffic enforcement as a Service (TRaaS) managed services encompassing system design, ownership, operation, and maintenance based on citation volumes or fixed fees. The company operates through two primary segments, System Sales, which generates the majority of revenue from hardware, embedded software, and project-related services, and Managed Services, focused on recurring TRaaS contracts; it serves police authorities, road agencies, and private operators in geographic regions spanning Europe, the Americas, the Middle East, and Asia-Pacific. Founded in 1982 and headquartered in Jönköping, Sweden, Sensys Gatso Group AB employs approximately 310 people and maintains subsidiaries including Sensys Gatso Australia, Sensys Gatso Netherlands, and operations in the United States and Ghana. Recent developments include the appointment of Lewis H. Miller as CEO in May 2025 to drive profitable growth; securing 13 new contracts in the USA during Q3 2024 boosting order intake and contributing to a backlog exceeding SEK 1 billion; a EUR 30 million bond issuance strengthening cash reserves to SEK 295 million; major framework orders from the Netherlands valued at SEK 400 million and Sweden at SEK 850 million, with installations progressing into 2025; extensions and new TRaaS contracts in Australia such as SEK 74 million maintenance extension with Serco in Victoria through 2029, SEK 73 million extension in Tasmania, SEK 15 million supply deal with South Australia Police, and SEK 14 million mobile services contract in Victoria; and advancement to the next phase of collaboration with a Saudi Arabian customer on enforcement solutions.