Q-Free wins US Homeland Security contract

Q-Free’s Homeland Security Division, Prometheus Security Group Global, has been awarded a contract to provide its proprietary VICADS Video Management system for installation at a major undisclosed US Military facility. The contract, which will be delivered within the first half of 2016, is valued at US$1.5 million with an option for a further increase valued at US$582,000. Prometheus Security Group Global, which provides high-end critical asset protection equipment and services to the Homeland Security m
February 22, 2016 Read time: 1 min
108 Q-Free’s Homeland Security Division, Prometheus Security Group Global, has been awarded a contract to provide its proprietary VICADS Video Management system for installation at a major undisclosed US Military facility. The contract, which will be delivered within the first half of 2016, is valued at US$1.5 million with an option for a further increase valued at US$582,000.

Prometheus Security Group Global, which provides high-end critical asset protection equipment and services to the Homeland Security market, was separated from Q-Free Open Roads to spearhead this market.

“We are pleased to secure this contract in the Homeland Security market in the US, and the award proves that our increased focus on this growing market is continuing to materialise in contracts,” comments Q-Free acting CEO, Roar Østbø.

Related Content

  • March 20, 2015
    Q-Free increases its stake in Intelight
    Q-Free has increased its stake in US traffic controller supplier, Intelight, with a five year option program which will give shareholders the option to sell shares at closing in 2015 and in five subsequent years valid from 2016. The deal will give Q-Free the opportunity to add some 15 per cent of Intelight shares to its current 10.2 per cent shareholding each year. At end of the five year period, Q-Free has the option to acquire the rest of the shares. The first transaction will be closed during the second
    Read More
  • July 21, 2014
    Eastern Europe opts for Q-Free traffic management
    Q-Free subsidiary Elcom is to supply the city of Belgrade, Serbia, with advanced transportation management systems (ATMS), including traffic signal controllers and traffic management systems. The contract, valued at around US$1 million will begin in July 2014 and will be delivered within one year. Q-Free has also been awarded contracts valued at more than US$300,000 for traffic signal systems to be supplied to in Serbia and Macedonia during 2014. “Q-Free has made several acquisitions within the ATMS
    Read More
  • November 12, 2012
    Stockholm renews contract with Q-Free
    The Swedish Transport Administration (Trafikverket) has extended its contract with Q-Free for the servicing and maintenance of the congestion charging infrastructure in Stockholm. Valued at approximately US$3.13 million the contract has been extended for a year, starting 1 January 2013, Q-Free’s CEO, Oyvind Isaksen, said, “We see Sweden as a very important and exciting market going forward. Our continuing participation in service and maintenance activities is essential for our local presence and not at lea
    Read More
  • June 11, 2012
    IRD wins major tolling contract in India
    International Road Dynamics (IRD) has announced that its wholly-owned subsidiary, International Road Dynamics South Asia (IRDSA), has been awarded a major contract from Reliance Infrastructure in India valued at over US$1.66 million. The contract award for the prestigious Gurgaon Faridabad expressway in the state of Haryana in India spans over 50 lanes across four toll plazas, and includes 12 lanes of electronic toll collection using radio frequency identification readers and transponders as well as four st
    Read More

Highlighted Content