Quarterhill and Illinois Tollway Extend Longstanding Agreement with $10.7 Million Tolling Operations Contract

Executive Summary

• Quarterhill Inc. announced a three‑year extension of its tolling operations contract with the Illinois Tollway, valued at approximately $10.7 million and effective Jan 31 2026 – Jan 30 2029.
• The agreement continues Quarterhill’s support for legacy back‑office and roadside transactional systems, ensuring uninterrupted toll collection and system reliability across the Illinois Tollway network.
• CEO Chuck Myers highlighted the extension as a reinforcement of the partnership’s focus on safety, reliability, and customer service, positioning the deal as a positive revenue driver for Quarterhill.

Key Details

• Contract Value & Term: Approximately $10.7 million for a three‑year period (Jan 31 2026 – Jan 30 2029).
• Scope of Services: Ongoing operational support, system enhancements, and integration of roadside transactional systems with multi‑partner back‑office solutions.
• Revenue Impact: Provides a stable, recurring revenue stream supporting Quarterhill’s Toll Revenue Management and Maintenance Program.
• Strategic Importance: Reinforces Quarterhill’s long‑standing role as a provider of mission‑critical ITS solutions to the Illinois Tollway, enhancing the company’s portfolio of transportation agency contracts.
• Quote from CEO: “This extension reflects our shared commitment to keeping critical tolling systems running smoothly… supporting Illinois Tollway's long‑term operational and modernization goals.”

Notable Quotes

“The Illinois Tollway has a clear focus on safety, reliability, and customer service,” said Chuck Myers, CEO of Quarterhill. “This extension reflects our shared commitment to keeping critical tolling systems running smoothly, while supporting Illinois Tollway's long‑term operational and modernization goals.”