Q-FREE – FERRY CONTRACTS IN NORWAY – 50 MNOK
Q-Free has signed contracts with Norled, one of Norway’s largest operators of automobile and fast ferries, to deliver automated classification and payment solutions (AutoPASS) for several ferry connections in Norway. The value of these contracts is approximately 50 MNOK and may increase if Norled decides to exercise certain options for potential future connections. The system will be established and delivered during 2019 while operations will commence in 2020 and last for 10 years. -We are excited about signing our first contracts with Norled and the prospect of improving their