OMQS news

OMNIQ expanded its AI vehicle recognition deployment, securing a new contract for 29 license plate recognition lanes at a major U.S. academic medical center. The deal underscores the company's strategy of boosting revenue through existing customer relationships.

OMNIQ won a two-year contract to deploy uninsured vehicle enforcement technology in Arkansas for the first time, creating a recurring revenue opportunity tied to citation activity.

OMNIQ announced its first expansions into Pennsylvania through two distinct municipal agreements for its Q Shield platform, focusing on vehicle registration enforcement and establishing a citation-based recurring revenue model.

OmniQ received a U.S. patent for AI-based vehicle occupancy detection methods used in HOV lane enforcement. The technology automates the counting of vehicle occupants at highway speed, addressing a significant revenue opportunity.

OMNIQ reported second quarter revenue of $7.4 million and focuses on AI machine vision solutions. The company noted a net loss driven by lower non-recurring gains and expects continued support from a related party.

OMNIQ highlights $170B+ in authorized government funding for border and security projects, positioning the company to benefit from accelerating adoption of AI-powered machine vision and surveillance technologies. The global computer vision market is projected to grow from $19.8B in 2024 to $58.3B by…

OMNIQ Corp reported first quarter 2026 revenues of $7.68 million with gross profit increasing 3.3% year-over-year to $2.255 million, though operating losses widened to $1.2 million. The company is executing a product-focused strategy while expanding AI machine vision deployments across healthcare, t…