Genasys Inc. Signs Agreement to Deploy Emergency Warning System Across Puerto Rico's Dam Infrastructure

SAN DIEGO, Aug. 07, 2024 (GLOBE NEWSWIRE) --  Genasys Inc. (NASDAQ: GNSS), a global leader in Protective Communications, today announced the signing of a definitive agreement with the Puerto Rico Electric Power Authority (PREPA) to implement Genasys’ Emergency Warning System (EWS) across 37 dams, safeguarding hundreds of thousands of residents and visitors from potential flood threats. The project, fully funded by the U.S. Federal Emergency Management Agency (FEMA), underscores Genasys' commitment to enhancing public safety through advanced technology. For its portion, Genasys expects to recognize approximately $75 million in revenue over the term of the project. Earlier today, Genasys’ CEO, Richard Danforth, was joined by PREPA Executive Director Josue Colon Ortiz at a formal signing ceremony in Puerto Rico.

Read more at globenewswire.com