Pavlina Silici's questions to OMNIQ (OMQS) leadership • Q1 2024
Question
Inquired about the status of a previously announced $50 million project and requested updates on new AI features, including cloud management, the Israeli train project, and HOV lane enforcement technology.
Answer
The executive reported that the $50 million project has completed successful pilots and initial orders are expected soon, with smaller orders for the same product already received from the customer. Regarding AI, the company has developed a cloud management infrastructure to support its deployments. The Israeli train project, which uses AI to monitor crowd density for safety, has finished a successful pilot. The HOV technology, which identifies the number of passengers in a vehicle, is being deployed for defense clients and is in commercial pilots in the U.S.