Quarterhill Inc. has been awarded a $28.2 million subcontract to support BRiC-TPS, LLC in modernizing the Los Angeles County Metropolitan Transportation Authority's ExpressLanes Back Office System. This project covers tolling operations, customer management, reporting, and ongoing maintenance for LA's major freeways, with a contract term up to 14 years. The deal strengthens Quarterhill's presence in California and highlights its role in advancing intelligent transportation systems nationwide. The company will provide operational expertise, project management, and security compliance to enhance LA Metro's managed lane program.
Quarterhill's recent contract win is context for readers following technology stocks. Of 150 priced US tech stocks on Pluang, 34 rose and 113 fell today. ASX dropped 6.02% to USD 41.66 with 62% buy orders, WDC fell 5.80% to USD 343.00 with 53% sell orders, and STX declined 5.42% to USD 674.86 with 87% buy orders. Data is as of Oct 15, 2026 18:31 WIB.
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