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Derq Secures $17M USDOT Contract to Demonstrate AI-Powered Intersection Safety Technology in Texas and Virginia.

Oct 22, 2026

Contract Type

contract

DetroitArtificial IntelligenceSmart CitiesPublic Safety

Description

Derq has been awarded a federal contract by the U.S. Department of Transportation to test its AI-driven intersection safety technology. The contract is part of a $17 million initiative aimed at reducing traffic-related fatalities at intersections through real-time predictions and actions.

Company Information

Company

Derq

Location

Detroit, Michigan, United States

About

Derq is a Detroit-based MIT spinoff improving road safety through AI. The company focuses on deploying its AI platform across various agencies in the United States, Canada, and the GCC region. Their technology integrates with existing infrastructure to enhance traffic flow and reduce crashes. Derq's flagship products are designed to help cities improve mobility and safety.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.