financetom
Business
financetom
/
Business
/
Quarterhill Wins Weigh-in-Motion Contract in Belgium
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Quarterhill Wins Weigh-in-Motion Contract in Belgium
Jan 10, 2025 5:43 AM

08:26 AM EST, 01/10/2025 (MT Newswires) -- Quarterhill ( QTRHF ) , a provider of electronic tolling and transportation enforcement solutions, on Friday said it won a contract to provide weigh-in-motion (WIM) technology to Brussels Mobility, which overseas traffic and roads safety, through a joint project with Belgium-based technology integrator Jacops.

The goal is to reduce the number of overloaded vehicles on the Brussels Region's roads.

Quarterhill ( QTRHF ) will supply the WIM subsystem, technical support, and training and will provide Jacops with the software for commercial vehicle monitoring and enforcement.

The weigh station will monitor four lanes of one-way traffic on the highway and record vehicle classification data. An overview camera provides images to help identify vehicles flagged by the system, while an automated number plate reader will photograph, and transmit the number plates of vehicles approaching the station, the statement noted.

"This project shows that Quarterhill's ( QTRHF ) technology is well suited to the precise needs of European agencies. We are set to elevate road safety and integrity in the region, reinforcing our expanding footprint in this important market," said Heimo Haub, the managing director of Quarterhill Europe.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TriPost Partners with Brixton Capital to Acquire Grocery-Anchored Retail Portfolio in Fast-Growing Western U.S. Markets
TriPost Partners with Brixton Capital to Acquire Grocery-Anchored Retail Portfolio in Fast-Growing Western U.S. Markets
Nov 10, 2025
TriPost's Asset Solutions Strategy Completes Transaction, Drawing on its Extensive Network to Identify and Execute High-Quality Investment Opportunities NEW YORK, Nov. 10, 2025 /PRNewswire/ -- TriPost Capital Partners, LLC (TriPost), a real estate private equity firm focused on partnering with established middle market real estate operating and development companies, today announced it has acquired a stake in a two-asset, grocery-anchored...
Capstone Reaffirms $100 Million 2026 Run-Rate Target with Acquisition Closing by December 15th
Capstone Reaffirms $100 Million 2026 Run-Rate Target with Acquisition Closing by December 15th
Nov 10, 2025
Acquisition of $15M stone distributor on track to close before December 15; the multi-location business will add revenue, EBITDA, and scale in a fast-growing category. NEW YORK CITY, NEW YORK / ACCESS Newswire ( ACCS ) / November 10, 2025 / Capstone Holding Corp. ( CAPS ) , a national building products distribution platform, today announced that it expects to...
Veradace Partners Issues Letter to Tiptree Shareholders Regarding the Proposed Sale of Fortegra to DB Insurance
Veradace Partners Issues Letter to Tiptree Shareholders Regarding the Proposed Sale of Fortegra to DB Insurance
Nov 10, 2025
Transaction Appears Designed to Enable Tiptree Management to Extract Value from Shareholders While Running a Blank Check Company Intends to Vote AGAINST the Unfair Transaction, Which Is Structured to Benefit Tiptree Management at the Expense of Tiptree Shareholders Urges the Tiptree Board of Directors to Restructure the Transaction and Deliver the $28.75 per Share Consideration Directly to Tiptree Shareholders,...
CORVEX TO GO PUBLIC IN ALL-STOCK MERGER WITH MOVANO, CREATING A PURE-PLAY PLATFORM FOR SECURE AI INFRASTRUCTURE AND HIGH-PERFORMANCE INFERENCE
CORVEX TO GO PUBLIC IN ALL-STOCK MERGER WITH MOVANO, CREATING A PURE-PLAY PLATFORM FOR SECURE AI INFRASTRUCTURE AND HIGH-PERFORMANCE INFERENCE
Nov 10, 2025
Strategic combination positions combined company to capture AI infrastructure demand at scale Movano shareholders gain exposure to rapidly emerging AI infrastructure pure play platform with differentiated product offering, a growing sales pipeline with attractive credit quality, leadership experienced in large-scale distributed computing and software development, and disciplined capital allocation Merger exchange ratio based upon a Movano per share value...
Copyright 2023-2026 - www.financetom.com All Rights Reserved