Omniq's AI Based Machine Vision Solution Purchased For The El Salvador International Airport; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
OMNIQ Corp. (NASDAQ:OMQS) is deploying its AI-enhanced parking and security solution to the El Salvador International Airport, marking its first deployment in a Central American International Airport. The airport serves 3.4 million passengers annually. OMNIQ's AI technology is already used in 60 US airports. The company has also recently announced orders from The Israel Train Company, a partnership with Tripshot, and deployment of 55 AI-based Q-Shield systems in Uruguay.
September 20, 2023 | 12:45 pm
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OMNIQ Corp.'s expansion into Central America with its AI-based solutions could potentially open up new markets and drive growth. The company's recent partnerships and orders also indicate a positive momentum in its AI verticals.
The news of OMNIQ's expansion into Central America, specifically into the El Salvador International Airport, indicates the company's growth and potential to tap into new markets. This, coupled with the recent orders and partnerships, shows a positive momentum in the company's AI verticals, which could potentially drive its stock price up in the short term.
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