Austco Healthcare, through its subsidiary Austco Marketing & Service (Canada), clinched a $5 million contract to supply its state-of-the-art Tacera alarm management and clinical workflow solution to the new Surrey Hospital in Vancouver, British Columbia.

The upcoming Surrey Hospital will be a substantial addition to the healthcare infrastructure in the area, featuring over 650 beds, including 48 ICU beds and 25 NICU beds.

Austco Healthcare's advanced Tacera system, equipped with over 513 hospital stations and 559 clinical workflow terminals, will be integral to the hospital's operations.

Austco anticipates revenue recognition to begin in FY25, bolstering the company's contracted orders to a record $46.2 million.