Iteris nabs contract from VDOT for statewide transportation operations

Jul. 19, 2022 8:49 AM ETIteris, Inc. (ITI)By: Khyathi Dalal, SA News Editor2 Comments
  • Iteris (NASDAQ:ITI) received a new contract by the Virginia Department of Transportation (VDOT) for smart mobility, safety and sustainability programs.
  • The deal commences its initial phase of a multi-year contract with an $11.4M order; eventual total contract value is expected to exceed $20M.
  • Under agreement terms, Iteris will provide VDOT platform-as-a-service capabilities, including an extensive data portal, next generation real-time traveler information system, new incident management tools and upgraded video distribution services on a statewide basis.

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