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Quarterhill Announces New Contracts in Djibouti, Thailand, South Korea
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Quarterhill Announces New Contracts in Djibouti, Thailand, South Korea
Aug 5, 2025 7:20 AM

09:49 AM EDT, 08/05/2025 (MT Newswires) -- Quarterhill ( QTRHF ) , a global provider of intelligent transportation system solutions, on Tuesday announced new contracts in Djibouti, Thailand, and South Korea, "marking its first deployment in Djibouti" and "expanding" its footprint in East Africa.

The company said that its Djibouti deployment introduces a comprehensive overweight enforcement solution combining high-speed and slow-speed weigh-in-motion (WIM) technologies. The system features two high-speed WIM lanes with bending plate sensors for initial vehicle screening, plus six slow-speed lanes for verifying suspected overweight vehicles.

A company statement noted that the project is part of a World Bank-funded infrastructure upgrade, with Quarterhill ( QTRHF ) subcontracted through Danway Emirates and HAWK International & Construction Djibouti, SARL leading the initiative.

The company also received follow-on contracts from Thailand and South Korea.

The company's shares were last seen down 1.5% to $1.3 on the Toronto Stock Exchange.

Price: 1.30, Change: -0.02, Percent Change: -1.52

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