Quarterhill Secures $2.5 Million Multi-Year Contract With Illinois DOT
Quarterhill Inc. (TSX: QTRH) (OTCQX: QTRHF) entered into a long-term partnership with the Illinois Department of Transportation to install and maintain traffic data collection sites across northeastern Illinois over an initial three-year term, with optional annual extensions for up to 10 years.
Quarterhill Inc. (TSX: QTRH) (OTCQX: QTRHF) entered into a long-term partnership with the Illinois Department of Transportation to install and maintain traffic data collection sites across District 1, covering northeastern Illinois including the Chicago metro area. The contract is valued at approximately $2.5 million over an initial three-year term with an optional annual extension for up to 10 years.
The Toronto-based intelligent transportation systems provider will deploy its traffic monitoring technology across state-maintained roadways in IDOT District 1. The infrastructure is designed to support the agency's traffic data collection capabilities and inform transportation planning and roadway operations across the Chicago region.
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