Quarterhill Announces $5.2 Million Contract with Existing Tolling Customer

Core Insights - Quarterhill Inc. has secured a $5.2 million contract to deploy its Next Generation Toll Lane System on a major U.S. express lane corridor, highlighting its capabilities in modernizing roadway technology and automating tolling operations [1][2]. Technology Enhancements - The new system features real-time traffic condition monitoring, advanced video technology, machine learning-driven tolling automation, and dynamic pricing capabilities aimed at improving traffic flow and enhancing driver experience [2][3]. - Key enhancements include machine learning-powered vehicle detection, cloud technology for scalability, and dynamic pricing that adjusts tolls based on live traffic conditions [6]. Strategic Importance - This initiative reinforces Quarterhill's commitment to modernizing tolling infrastructure, reducing congestion, and improving roadway safety, while also strengthening partnerships with transportation agencies [3][5]. - The project is positioned as a step towards the future of intelligent mobility, aiming to deliver safer and more reliable travel experiences for drivers [3].