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Ituran wins $7M contract to monitor Israel's traffic using data from 1M vehicles for 4 years

Market News
09 Sep 2026
PRNewsWire
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Bullish
Ituran wins $7M contract to monitor Israel's traffic using data from 1M vehicles for 4 years

Ituran Location and Control Ltd. secured a four-year contract worth over $7 million with the Israeli Ministry of Transport to provide a SaaS solution for live traffic monitoring across Israel's main roads. The service uses Ituran's Big Data platform, analyzing anonymized data from over one million vehicles, about a quarter of the country's total. This data will help guide national transport policy and road investment decisions. The contract marks a new recurring revenue stream for Ituran, expanding beyond its traditional telematics services.

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