Genasys Signs $75M Agreement With Puerto Rico Electric Power Authority To Implement Emergency Warning System Across 37 Dams; Project Fully Funded By FEMA To Enhance Public Safety
Portfolio Pulse from Benzinga Newsdesk
Genasys has signed a $75 million agreement with the Puerto Rico Electric Power Authority to implement an emergency warning system across 37 dams. The project is fully funded by FEMA to enhance public safety.
August 07, 2024 | 9:39 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Genasys has secured a $75 million contract with the Puerto Rico Electric Power Authority to install an emergency warning system across 37 dams, funded by FEMA.
The $75 million contract is a significant revenue boost for Genasys, enhancing its financial outlook. The project, fully funded by FEMA, reduces financial risk and underscores the company's role in public safety.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100