Cleanaway partners with EROAD for advanced vehicle monitoring

EROAD announced a comprehensive five-year agreement with Cleanaway Waste Management Ltd. (ASX: CWY) to implement advanced vehicle monitoring, reporting, and compliance solutions across Cleanaway's fleet of over 3,000 owned heavy vehicles in Australia. This partnership, with an option to extend for an additional three years, is projected to contribute over A$5m of annual recurring revenue (ARR) to EROAD, with fixed annual escalators, and is expected to be fully implemented by November 2026. The solution includes location tracking, fatigue cameras, rollover alerts, and satellite connectivity, underscoring a commitment to health and safety.

In a related development, Australian Retirement Trust became a substantial holder in Cleanaway on November 14, 2025, acquiring a 5.006% voting power with 112,133,548 fully paid ordinary shares. This investment involved numerous transactions from July 15, 2025, to November 14, 2025, encompassing both purchases and sales of Cleanaway shares.

Conversely, Australian Retirement Trust ceased to be a substantial holder in Cleanaway on November 18, 2025, following further share transactions. The change in relevant interests included various purchases and a significant sale of 451,457 shares for A$1,128,642.50 on November 18, 2025.