Recent Updates — OMQS

OMNIQ Corp. secured a new contract to expand its existing deployment of license plate recognition (LPR) technology at a major U.S. academic medical center. The agreement adds 29 LPR lanes to the institution's parking infrastructure, enhancing vehicle identification capabilities for daily operations and parking management. This expansion leverages trust built through prior installations within the same account, supporting OMNIQ’s strategy of growing revenue from established customers. The company operates in the artificial intelligence and computer vision sector, providing machine vision solutions for surveillance, access control, and traffic management.

OMNIQ Corp. announced a two-year contract to deploy its Q Shield license plate recognition platform in Arkansas to support the VIDEP program, targeting uninsured vehicle enforcement. The company will receive a processing and technology fee for each citation issued, creating potential recurring revenue tied to citation activity. Cameras are planned at two locations, with one site handling an estimated 8,000 to 15,000 vehicles per day. This marks the company's first deployment in the state. OMNIQ Corp. provides AI-based computer vision solutions for public safety and traffic management.

OMNIQ Corp. announced two-year agreements with two Pennsylvania municipalities to deploy its Q Shield™ Safe City platform for vehicle registration enforcement. The deployment involves 18 cameras across nine intersections, targeting corridors carrying approximately 80,000 vehicles per day. Revenue is generated through a transaction-based processing fee model tied to citations issued after agency review. Both projects are expected to go live in 2026 and include a six-month evaluation period. OMNIQ Corp. provides AI-based computer vision solutions for public safety, traffic management, and surveillance applications.

OMNIQ Corp. announced the grant of U.S. Patent No. 12,633,155 B1 for an AI-based vehicle occupancy detection system used in high-occupancy vehicle (HOV) lane enforcement. The patent covers deep-learning methods that automatically count occupants in moving vehicles using multiband line-scan imagery and infrared contrast. A representative deployment could generate approximately $1.6 million in annual revenue, with a total addressable market estimated at $218 million across 136 U.S. facilities. The technology is already deployed at two active U.S. sites and one international site. OMNIQ Corp. operates in the artificial intelligence and computer vision industry, providing machine vision solutions for surveillance, traffic management, and access control.

OMNIQ Corp. reported financial results for the second quarter and six months ended June 30, 2026. Second-quarter revenue was $7.4 million compared to $7.8 million in the prior year period, resulting in a net loss of $528,000 or $0.03 per share, versus a net income of $2.1 million previously driven by non-recurring debt settlement gains. Six-month revenue totaled $15.1 million against $15.8 million last year, with a net loss of $2.4 million. The company ended the quarter with $1.1 million in cash and noted related-party advances increased to $7.3 million. OMNIQ Corp. operates in the technology industry as a provider of AI-based computer vision solutions.