08:01 AM EST, 11/19/2025 (MT Newswires) -- Quarterhill ( QTRHF ) , a global provider of intelligent transportation system solutions, announced Wednesday a $5.2 million contract to deploy its Next Generation Toll Lane System on a major U.S. express lane corridor. It is not clear if the sum is in Canadian or U.S. dollars.

A statement noted that the contract, with an existing tolling customer, underscores Quarterhill's ( QTRHF ) capabilities "to modernize roadway technology, implement dynamic pricing, and seamlessly automate tolling operations for major transportation agencies."

"The new system introduces real-time traffic condition monitoring, advanced video technology, machine learning-driven tolling automation, and dynamic pricing capabilities designed to improve traffic flow, optimize lane use, and enhance driver experience," said the company.

It added that, building upon the foundation of an existing system by Quarterhill ( QTRHF ), this upgrade involves seven toll zones.

"This project represents the future of intelligent mobility," said Quarterhill ( QTRHF ) Chief Executive Officer, Chuck Myers. "By combining machine learning-powered vehicle detection, real-time data, and cloud technology, we're helping agencies deliver safer, faster, and more reliable travel for every driver while creating a smarter, more adaptable tolling system for the state."