Quarterhill (TSE:QTRH) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Quarterhill Inc. has been selected to enhance North Dakota’s traffic monitoring with its advanced iTHEIA™ AI classification system, securing two contracts worth $1.5 million for supplying and maintaining AI video traffic recorders across the state. The system’s AI will bolster vehicle count and classification data, aiding in essential highway planning and infrastructure development. Quarterhill’s iTHEIA™ system promises to improve traffic data accuracy and safety while being cost-effective and reliable for long-term traffic management solutions.
For further insights into TSE:QTRH stock, check out TipRanks’ Stock Analysis page.