Quarterhill Inc. (TSE:QTRH) has released an update.
Quarterhill Inc.’s subsidiary, IRD, has secured a $5.3 million contract to implement Weigh-In-Motion systems at 28 locations across Tennessee to enhance highway safety and infrastructure protection. These systems will gather data on vehicle weights at highway speeds and assist in monitoring commercial traffic, potentially integrating with safety rating evaluations in the future. The project, which is a significant move for Quarterhill’s presence in Tennessee, is set to be completed by May 2025.
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