Maui Emergency Management Agency Awards Genasys Multi-Year Contract for Emergency Alert and AI-Powered Traffic Management Solutions
Genasys Inc. (NASDAQ: GNSS) has secured a four-year contract from the Maui Emergency Management Agency (MEMA) to provide Genasys EVAC and TRAFFIC AI solutions. The implementation, set to begin in January 2025, aims to enhance disaster preparedness following the August 2023 wildfires. Genasys EVAC enables emergency managers to identify areas, implement evacuation plans, and deliver targeted notifications through intelligent zones. TRAFFIC AI complements this by providing real-time traffic data for coordinating evacuations. The system will be deployed after review by first responder agencies, integrating local knowledge with technology to improve emergency response capabilities.
Genasys Inc. (NASDAQ: GNSS) ha ottenuto un contratto quadriennale dall'Maui Emergency Management Agency (MEMA) per fornire soluzioni Genasys EVAC e TRAFFIC AI. L'implementazione, prevista per gennaio 2025, mira a migliorare la preparazione alle emergenze a seguito degli incendi boschivi dell'agosto 2023. Genasys EVAC permette ai gestori delle emergenze di identificare le aree, attuare piani di evacuazione e inviare notifiche mirate tramite zone intelligenti. TRAFFIC AI completa questo sistema fornendo dati sul traffico in tempo reale per coordinare le evacuazioni. Il sistema sarà implementato dopo la revisione da parte delle agenzie di pronto intervento, integrando la conoscenza locale con la tecnologia per migliorare le capacità di risposta alle emergenze.
Genasys Inc. (NASDAQ: GNSS) ha asegurado un contrato de cuatro años con la Agencia de Manejo de Emergencias de Maui (MEMA) para proporcionar soluciones Genasys EVAC y TRAFFIC AI. La implementación, que comenzará en enero de 2025, tiene como objetivo mejorar la preparación ante desastres tras los incendios forestales de agosto de 2023. Genasys EVAC permite a los gerentes de emergencias identificar áreas, implementar planes de evacuación y enviar notificaciones específicas a través de zonas inteligentes. TRAFFIC AI complementa esto proporcionando datos de tráfico en tiempo real para coordinar las evacuaciones. El sistema se desplegará después de la revisión por parte de las agencias de respuesta, integrando el conocimiento local con la tecnología para mejorar las capacidades de respuesta ante emergencias.
Genasys Inc. (NASDAQ: GNSS)는 마우이 비상 관리 기관 (MEMA)로부터 4년 계약을 체결하여 Genasys EVAC 및 TRAFFIC AI 솔루션을 제공하게 되었습니다. 구현은 2025년 1월에 시작될 예정이며, 2023년 8월의 산불 이후 재해 대비를 강화하는 것을 목표로 하고 있습니다. Genasys EVAC는 비상 관리자가 지역을 식별하고, 대피 계획을 실행하며, 지능형 구역을 통해 타겟 알림을 전달할 수 있도록 합니다. TRAFFIC AI는 대피를 조정하기 위해 실시간 교통 데이터를 제공하여 이를 보완합니다. 이 시스템은 응급 구조 기관의 검토 후 배포되며, 지역 지식과 기술을 통합하여 비상 대응 능력을 향상시킬 것입니다.
Genasys Inc. (NASDAQ: GNSS) a obtenu un contrat de quatre ans de la California Emergency Management Agency (MEMA) pour fournir des solutions Genasys EVAC et TRAFFIC AI. La mise en œuvre, qui débutera en janvier 2025, vise à améliorer la préparation aux catastrophes suite aux incendies de forêt d'août 2023. Genasys EVAC permet aux gestionnaires d'urgence d'identifier des zones, de mettre en œuvre des plans d'évacuation et de délivrer des notifications ciblées via des zones intelligentes. TRAFFIC AI complète cela en fournissant des données de circulation en temps réel pour coordonner les évacuations. Le système sera déployé après une révision par les agences de secours, intégrant les connaissances locales avec la technologie pour améliorer les capacités de réponse aux urgences.
Genasys Inc. (NASDAQ: GNSS) hat einen vierjährigen Vertrag mit der Maui Emergency Management Agency (MEMA) abgeschlossen, um Genasys EVAC- und TRAFFIC AI-Lösungen bereitzustellen. Die Implementierung, die im Januar 2025 beginnen soll, zielt darauf ab, die Katastrophenvorsorge nach den Waldbränden im August 2023 zu verbessern. Genasys EVAC ermöglicht es Notfallmanagern, Bereiche zu identifizieren, Evakuierungspläne umzusetzen und gezielte Benachrichtigungen über intelligente Zonen zu senden. TRAFFIC AI ergänzt dies, indem es Echtzeit-Verkehrsdaten zur Koordination von Evakuierungen bereitstellt. Das System wird nach Überprüfung durch die Einsatzkräfte implementiert und kombiniert lokales Wissen mit Technologie, um die Notfallreaktionsfähigkeiten zu verbessern.
- Secured a four-year contract with MEMA
- Expanding market presence in emergency management sector
- Strategic timing following recent natural disasters increases adoption potential
- Integration of multiple revenue streams (EVAC and TRAFFIC AI solutions)
- Implementation delayed until January 2025
- Requires extensive review and stakeholder approval before deployment
Insights
The
The contract demonstrates strong market validation for Genasys's technology stack, expanding their footprint beyond existing deployments across 8+ states. The AI-powered traffic management integration offers a compelling competitive advantage, addressing a critical gap in emergency response capabilities. The January 2025 deployment timeline suggests steady revenue recognition potential starting next fiscal year.
While the exact contract value isn't disclosed, government contracts typically provide stable, recurring revenue streams. For a
Advanced Public Safety Technology to Help Protect Maui Communities
SAN DIEGO, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in Protective Communications, today announced it has been awarded a four-year contract by the Maui Emergency Management Agency (MEMA) to provide Genasys EVAC (“EVAC”) and TRAFFIC AI by Ladris (“TRAFFIC AI”) for the island of Maui. This announcement is an important milestone in public safety and emergency management for the island, which faced devastating wildfires in Lahaina and several Upcountry areas in August 2023.
“MEMA's contract award to Genasys marks a significant step forward in our efforts to enhance disaster preparedness and emergency management in Maui County,” said Mayor Richard Bissen. “These advanced planning and communication tools will allow us to respond more effectively to future emergencies, including making data-driven evacuation decisions.”
As the events in Lahaina, and more recently in Florida, North Carolina and Spain, tragically illustrate, it is critical for advanced emergency alert systems to provide timely and targeted updates to residents and visitors. EVAC is a unique emergency planning, management, and alerting solution designed to address this need, ensuring that citizens receive real-time information during emergency situations. EVAC is currently deployed across various regions in the United States, including in California, Oregon, Colorado, Arizona, New Hampshire, New Mexico, Texas, and other locations.
The Role of Genasys EVAC and TRAFFIC AI by Ladris
Genasys EVAC, a key solution in the Genasys Protect platform, uses intelligent zones to enable emergency managers and first responders to rapidly identify precise areas, implement optimized evacuation plans, and deliver targeted, clear notifications and warnings, including evacuation and shelter-in-place updates. With the Genasys Protect mobile app, citizens can receive location-based notifications to stay safe and informed in emergencies.
TRAFFIC AI complements EVAC by providing real-time traffic data and analytics. This integration enables emergency managers to coordinate evacuations more effectively, ensuring that routes are clear and safe for those needing to quickly leave affected areas.
MEMA Administrator Amos Lonokailua-Hewett said that deployment of EVAC and TRAFFIC AI in Maui County is expected to begin in January 2025, after a careful review by numerous first responder agencies. “Our key stakeholders – our fire, police, dispatchers, state partners, and many others – will be providing input on the initial evacuation zones the software will create for each area,” Lonokailua-Hewett said. “Their deep local knowledge will augment the technology and help us prepare to deploy the real-time communication tools.”
Enhancing Public Safety
EVAC and TRAFFIC AI are expected to significantly enhance public safety across Maui. MEMA will be better equipped to respond to emergencies, provide timely updates, and ensure the safety of residents and visitors. The systems will offer a comprehensive approach to emergency management, combining advanced decision-making capabilities with real-time traffic data and a public app to streamline evacuations and improve overall situational awareness.
"We are proud to partner with MEMA to bring the power of Genasys Protect to Maui," said Richard Danforth, CEO of Genasys Inc. "Our goal is to provide advanced tools that enhance public safety and ensure that residents and visitors receive timely and accurate information during emergencies. The award of this contract is a testament to our commitment to leveraging technology for the greater good."
Benefits of Genasys Protect Software
The deployment of EVAC and TRAFFIC AI on Maui is expected to elevate the island's emergency management capabilities. By providing real-time updates and traffic data, these systems will enable MEMA to plan for and coordinate responses more efficiently to keep residents and visitors informed and safe.
The integration of these advanced technologies will also help to mitigate the impact of future emergencies. With the ability to quickly disseminate critical information and manage evacuations more effectively, MEMA will be better prepared to handle a wide range of emergency situations.
Future Plans
Looking ahead, Genasys and MEMA are committed to a 4-year collaboration to further enhance the island's emergency management infrastructure. This includes exploring additional technological advancements and expanding the capabilities of the current systems to address emerging challenges.
Genasys will continue to support MEMA with training and technical assistance to ensure that the systems are used to their full potential. By fostering a close relationship, both organizations aim to create a safer and more resilient community on Maui.
For more information about EVAC and TRAFFIC AI, please visit the Genasys website.
About Genasys Inc.
Genasys Inc. (NASDAQ: GNSS) is the global leader in Protective Communications. Incorporating the most comprehensive portfolio of preparedness, response, and analytics software and systems, as well as the Company’s Long Range Acoustic Devices (LRAD®), the Genasys Protect platform is designed around one premise: ensuring organizations and public safety agencies are “Ready when it matters™.” Protecting people and saving lives for over 40 years, Genasys covers more than 70 million people in over 100 countries worldwide, including more than 550 U.S. cities. For more information, visit genasys.com.
Forward-Looking Statements
Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in any forward-looking statement. The risks and uncertainties in these forward-looking statements include without limitation the business impact of geopolitical conflicts, epidemics or pandemics, and other causes that may affect our supply chain, and other risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. Risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management’s expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding other potential risks and uncertainties, see the “Risk Factors” section of the Company’s Form 10-K for the fiscal year ended September 30, 2023. Genasys Inc. disclaims any intent or obligation to publicly update or revise forward-looking statements, except as otherwise specifically stated.
FAQ
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