SAN DIEGO, Aug. 07, 2024 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), a worldwide chief in Protecting Communications, right now introduced the signing of a definitive settlement with the Puerto Rico Electrical Energy Authority (PREPA) to implement Genasys (NASDAQ:)’ Emergency Warning System (EWS) throughout 37 dams, safeguarding lots of of hundreds of residents and guests from potential flood threats. The challenge, absolutely funded by the U.S. Federal Emergency Administration Company (FEMA), underscores Genasys’ dedication to enhancing public security by means of superior expertise. For its portion, Genasys expects to acknowledge roughly $75 million in income over the time period of the challenge. Earlier right now, Genasys’ CEO, Richard Danforth, was joined by PREPA Government Director Josue Colon Ortiz at a proper signing ceremony in Puerto Rico.
The system designed by Genasys will include a number of sensors gathering and transmitting information together with reservoir stage, spillway flows, actual time video feed of particular dam areas, outlet and drainage circulate charges, native climate, and seismic exercise. Leveraging the Genasys Defend™ software program platform, 37 Puerto Rican dams will likely be outfitted with sensors, predictive analytics, Genasys ACOUSTICS, and Genasys ALERT. The Genasys Defend software program will seamlessly mixture the sensor information, apply predictive analytics and show real-time assessments for Emergency Managers in seven newly constructed Emergency Operation Facilities (EOCs) to repeatedly monitor. Within the occasion of a possible emergency, the identical software program allows a coordinated, multi-channel emergency notification to residents and guests who could also be affected in surrounding and downstream areas.
This contract is a direct results of the dedication Genasys has remodeled the previous 3 years to develop an entire software-driven emergency communication system mentioned Genasys CEO Richard Danforth. Genasys has been on the bottom in Puerto Rico since 2017 working with the Puerto Rico Emergency Company (PREMA), FEMA, PREPA, and the federal government to display and implement the communications infrastructure wanted for widespread emergency response. We stay up for persevering with our dedication to the folks of Puerto Rico by implementing this vital service.
Finishing this settlement permits the set up of vital infrastructure to start. Using superior sensors and software program, the Genasys Emergency Warning System will allow Emergency Managers to quickly talk with residents and guests which may be in hurt’s means prematurely of potential structural failures. This challenge is one other illustration of the dedication PREPA has to bettering Puerto Rico and making certain the security of these on our island. mentioned Josue Colon Ortiz, Government Director of PREPA.
Genasys LRAD and ACOUSTICS methods have been utilized for many years to guard vital infrastructure all through the U.S. and across the globe. From the Hoover Dam to nuclear services within the US to grease platforms across the globe, Genasys has been a trusted supply of safety to almost each type of vital infrastructure. The latest U.S. federal allocation of $185 million for dam rehabilitation is a first-rate instance of the close to fixed demand for infrastructure upkeep, enchancment, and safety.
About Genasys, Inc.
Genasys Inc. (NASDAQ: GNSS) is the worldwide chief in Protecting Communications, Incorporating probably the most complete portfolio of preparedness, response, and analytics software program and methods, in addition to the Firm’s Lengthy Vary Acoustic Gadgets (LRAD ®), the Genasys Defend platform is designed round one premise: making certain organizations and public security businesses are Prepared when it issues™. Defending folks and saving lives for over 40 years, Genasys covers greater than 70 million folks in over 100 nations worldwide, together with greater than 550 U.S. cities. For extra info, go to genasys.com.
Ahead-Wanting Statements
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Investor Relations ContactBrian Alger, CFASVP, IR and Company [email protected](858) 676-0582
Supply: Genasys Inc.
