Intelligent transportation system

Image Sensing Systems Introduces Autoscope IntelliSight

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Tuesday, March 29, 2022
Intelligent transportation system, Private Securities Litigation Reform Act, NASDAQ, Marketing, Transport, City, U.S. Securities and Exchange Commission, ITS, Security (finance), Artificial intelligence, Safety, Image, Machine learning, Time, COVID-19, GLOBE, Solution, Autoscopy, Efficiency, Annual report, AATC, Collection, Algorithm, Instrumentation, Risk management

MINNEAPOLIS, March 29, 2022 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc., a wholly-owned subsidiary of Autoscope Technologies Corporation (NASDAQ: AATC) announced today the introduction of Autoscope IntelliSight for the European market.

Key Points: 
  • MINNEAPOLIS, March 29, 2022 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc., a wholly-owned subsidiary of Autoscope Technologies Corporation (NASDAQ: AATC) announced today the introduction of Autoscope IntelliSight for the European market.
  • The future is now, with Autoscope IntelliSight, said Rick Maus, Senior Product Manager Autoscope.
  • See Autoscope IntelliSight in action at Intertraffic in Amsterdam, Netherlands, March 29 through April 1 at Image Sensing Systems stand 05.150.
  • Image Sensing Systems, Inc. is a global company dedicated to helping improve safety and efficiency for cities and highways by developing and delivering above-ground detection technology, applications and solutions.

Autoscope Technologies Corporation Announces 2021 Fourth Quarter and Full-Year Financial Results

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Tuesday, March 22, 2022
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Operating expenses totaled $2.1 million in the fourth quarter of 2021, adecrease of 12 percent from the prior year period.

Key Points: 
  • Operating expenses totaled $2.1 million in the fourth quarter of 2021, adecrease of 12 percent from the prior year period.
  • Net loss for the fourth quarter of 2021 totaled $201,000compared to net income of $365,000 for the same period in the prior year.
  • The2021fourth quarter revenue for AutoscopeTechnologies Corporation ("ATC," the "Company," "us," "we," or "our"), which includes the results of Image Sensing Systems, Inc., a wholly owned subsidiary of ATC, was $3.2million compared to $2.9million in the fourth quarter of2020.Revenue from royalties was $1.8million in the fourth quarter of2021compared to $1.8million in the fourth quarter of2020, a2percentdecrease.Product sales were $1.4million in the2021fourth quarter compared to $1.1million in the fourth quarter of2020, a 34 percent increase.
  • The fourth quarter2021net income includes operating expenses of $2.1million, a12percent decrease from the fourth quarter of2020and income tax expense of $453,000, a 190 percent increase from the fourth quarter of 2020.

AEye Reports Fourth Quarter and Full Year 2021 Results

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Monday, March 28, 2022
Automotive, Automotive Manufacturing, General Automotive, Technology, Manufacturing, Software, Internet, EBITDA, Risk, Radar, Atmosphere, GAAP, OTA, SEC, Financial management, Probability, ITS, Capital expenditure, Annual report, Engineering, Intelligent transportation system, Nasdaq, LaCorte, Transport, Nvidia, Advanced driver-assistance systems, Perception, ECU, Xi, Omicron, Industry, Ix, U.S. Securities and Exchange Commission, 100,000, Income, Adjustment, ADAS, Form, Patent, Forward-looking statement, CFO, Telephone, PPP, Continental, San Francisco Bay Area, Weather, Level 2, Partnership, Adoption, Company, LIDR, XV, Wall Street, Private Securities Litigation Reform Act, Safety, CA, COVID-19, Movement, Mobile phone, Cryptocurrency, Medical device, Bank, Bookkeeping, Security (finance), Internet service provider, Risk management, Delta, Forbes

AEye, Inc. (Nasdaq: LIDR), the global leader in adaptive, high-performance lidar solutions, today announced its results for the fourth quarter and full year ended December 31, 2021.

Key Points: 
  • AEye, Inc. (Nasdaq: LIDR), the global leader in adaptive, high-performance lidar solutions, today announced its results for the fourth quarter and full year ended December 31, 2021.
  • In alignment with AEye CEO Blair LaCorte's article in Forbes on software-defined vehicles , AEye is enabling foundational over-the-air (OTA) update capabilities across all products.
  • ADAS: AEye transitioned initial production of automotive B-samples of AEye-based long-range lidar sensors to a Continental manufacturing line.
  • AEye management will hold a conference call today, March 28, 2021, at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss these results.

WiLAN and Kyocera Enter New Wireless License

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Thursday, March 31, 2022
WiLAN, IRD, Patent, Internet, Kyocera, CEO, ITS, Communication, Agreement, ETC, TSX, LLC, Industry, Intellectual property, Intelligent transportation system, International Road Dynamics, Solution, Vlădescu, Acquisition

OTTAWA, ON, March 31, 2022 /PRNewswire/ - Quarterhill Inc. ("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF) subsidiary WiLAN Inc. ("WiLAN") today announced thatKyocera Corporationhas entered into another multi-year wireless license agreement with WiLAN.

Key Points: 
  • OTTAWA, ON, March 31, 2022 /PRNewswire/ - Quarterhill Inc. ("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF) subsidiary WiLAN Inc. ("WiLAN") today announced thatKyocera Corporationhas entered into another multi-year wireless license agreement with WiLAN.
  • WiLAN first signed a license with Kyocera in December 2015.
  • "We are pleased Kyocera has entered into another wireless license with WiLAN," saidMichael Vladescu, WiLAN's President & CEO.
  • "The signing of this new license agreement with Kyocera further validates WiLAN's wireless patent portfolio."

IRD Marks 250th Bicycle Sensor Installation and Launches Self-Contained System at Intertraffic

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Friday, March 25, 2022
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The bicycle sensor systems have been installed at locations in the Netherlands, Belgium, France, Italy, Portugal and the UK.

Key Points: 
  • The bicycle sensor systems have been installed at locations in the Netherlands, Belgium, France, Italy, Portugal and the UK.
  • At the Intertraffic Amsterdam conference, IRD will unveil the "Totem" version of the TMA-3B3.
  • The self-contained system, with its own integrated pole, will make installation even easier on any road, street or path, eliminating the need for a pole or installation support.
  • "When ICOMS joined the IRD family in 2017, microwave detection products formed the foundation of all the company's offerings," said Rish Malhotra, IRD President and CEO.

WiLAN and Apple Sign License Agreement

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Tuesday, March 22, 2022
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OTTAWA, ON, March 22, 2022 /PRNewswire/ -Quarterhill Inc. ("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF) subsidiary WiLAN Inc. ("WiLAN") and WiLAN's subsidiaryPolaris Innovations Limited ("Polaris") today announced a new patent license agreement (the "Agreement") with Apple Inc. ("Apple").

Key Points: 
  • OTTAWA, ON, March 22, 2022 /PRNewswire/ -Quarterhill Inc. ("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF) subsidiary WiLAN Inc. ("WiLAN") and WiLAN's subsidiaryPolaris Innovations Limited ("Polaris") today announced a new patent license agreement (the "Agreement") with Apple Inc. ("Apple").
  • The Agreement also includes the settlement and dismissal ofalllitigation pending between WiLAN and Polaris and Apple in the United States, Canada and Germany.
  • The specificconsideration payable under the Agreement and allother terms and conditions are confidential.
  • WiLAN operates in a variety of markets including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies.

Quarterhill Provides Update to Q4 and Fiscal 2021 Financial Results Announcement

Retrieved on: 
Friday, March 18, 2022
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ET on March 21, 2022, until 11:59 p.m.

Key Points: 
  • ET on March 21, 2022, until 11:59 p.m.
  • ET on March 28, 2022, at: 1.888.390.0541 (Toll Free North America) or 1.416.764.8677.
  • Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry, as well as, through its Wi-LAN Inc. subsidiary, a leader in Intellectual Property licensing.
  • Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF.

Lantronix to Showcase ConsoleFlow Centralized Device Management Platform Integrated With Its Smart City Deployed PoE Network Switches at ISC West

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Friday, March 18, 2022
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This integration of Lantronixs ConsoleFlow with its Ethernet PoE switches and IoT cellular gateways brings a single pane of glass management and True Zero-Touch automation to its smart city solution.

Key Points: 
  • This integration of Lantronixs ConsoleFlow with its Ethernet PoE switches and IoT cellular gateways brings a single pane of glass management and True Zero-Touch automation to its smart city solution.
  • The ConsoleFlow platform provides an integrated, trusted and secure path to remotely located devices without complex VPNs.
  • Combined with a RESTful API to access telemetry data for analysis, ConsoleFlow seamlessly delivers operational efficiency for your secure smart city IoT solution.
  • Lantronix is highly committed to helping implement new Intelligent Transportation Systems and Smart Initiatives, said Jacques Issa, VP of Marketing at Lantronix.

Quarterhill to Host Virtual AGM on April 21, 2022

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Thursday, March 17, 2022
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TORONTO, March 17, 2022 /PRNewswire/ - Quarterhill Inc. ("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF), is providing details of its upcoming Annual Meeting of shareholders ("AGM") to be held virtually on Thursday April 21, 2022, at 9:30 a.m. (Eastern Daylight Time).

Key Points: 
  • TORONTO, March 17, 2022 /PRNewswire/ - Quarterhill Inc. ("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF), is providing details of its upcoming Annual Meeting of shareholders ("AGM") to be held virtually on Thursday April 21, 2022, at 9:30 a.m. (Eastern Daylight Time).
  • As noted in its press release dated March 3, 2022, Quarterhill is proposing changes to its Board of Directors at the AGM.
  • Please log in 30-45 minutes prior to the start time of the AGM on April 21, 2022.
  • Quarterhill is committed to addressing all appropriate questions submitted by shareholders either live during the AGM or in advance, as timing and circumstances permit.

Atlas Technical Consultants Acquires TranSmart Technologies, Inc.

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Tuesday, March 15, 2022
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AUSTIN, Texas, March 15, 2022 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (Atlas or the Company), a leading Infrastructure and Environmental solutions provider, announced today that it has acquired TranSmart Technologies, Inc. (TranSmart) a transportation engineering technology leader in Intelligent Transportation Systems (ITS), Connected and Autonomous Vehicles (CAV), electrical and traffic engineering, and other transportation engineering services.

Key Points: 
  • AUSTIN, Texas, March 15, 2022 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (Atlas or the Company), a leading Infrastructure and Environmental solutions provider, announced today that it has acquired TranSmart Technologies, Inc. (TranSmart) a transportation engineering technology leader in Intelligent Transportation Systems (ITS), Connected and Autonomous Vehicles (CAV), electrical and traffic engineering, and other transportation engineering services.
  • TranSmart has a well-respected brand with tenured customer relationships and offers highly sought-after tech-enabled services.
  • We are pleased to welcome the TranSmart team to Atlas.
  • The acquisition is deleveraging to Atlas balance sheet and was funded with a mix of cash and stock.