Q-Free: Traffic Management contract in USA – ~60 MNOK
(Oslo, 8 March 2021) Q-Free has won a contract with West Virginia Division of Highways (WVDOH) to deliver an upgraded statewide advanced traffic management solution (ATMS). WVDOH has been a customer of Q-Free’s and used Q-Free’s statewide ATMS since 2008. The contract is structured as an initial delivery in the first year with monthly recurring Operations & Maintenance revenues the following 7 years. Over the 8-year contract term, the total value will be approximately 60 MNOK. Moreover, the contract allows for opportunities to generate additional revenues from delivery of new features,