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Quarterhill Secures $28.2 Million Contract to Support LA Metro's ExpressLanes Back Office Modernization Program.

Oct 15, 2026

Contract Type

contract

Toronto

Description

Quarterhill Inc. has been selected as a subcontractor for BRiC-TPS, LLC to assist in the modernization of the Los Angeles County Metropolitan Transportation Authority's ExpressLanes Back Office System. The contract is valued at approximately $28.2 million and spans up to 14 years of support.

Company Information

Company

Quarterhill

Location

Toronto, Ontario, Canada

About

Quarterhill is a growth-oriented company in the Intelligent Transportation System (ITS) industry as well as, through its Wi-LAN Inc. subsidiary, a leader in Intellectual Property licensing. Our goal is to execute an investment strategy that capitalizes on attractive growth opportunities within ITS - and its adjacent markets - to become a global leader in that industry. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information: www.quarterhill.com

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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.