Genasys awarded infrastructure project to engineer, build EWS in Puerto Rico

Genasys announced that it has been selected to engineer, procure and build an Emergency Warning System, EWS, for the hundreds of thousands of residents and visitors living downstream of 37 dams in Puerto Rico. The competitive award made by the Puerto Rico Electric Power Authority, PREPA, is fully funded by $94.3 million from the U.S. Federal Emergency Management Agency, FEMA. Genasys expects to recognize $60 million to $70 million in revenue over the term of the project. The Genasys ProtectTM platform enables early detection and communication of potential flood threats via sensors, predictive analytics, and the Genasys Protect software and ACOUSTICS offerings. Genasys’ proposal was unanimously selected by all parties, topping all criteria categories. The proposal incorporates the Genasys Protect platform, which includes proprietary software and hardware solutions, with sensors and communication equipment. Genasys CEO Richard Danforth said, “Although the competitive RFP process for this award started just last October, Genasys has been working with FEMA, PREPA, and the government of Puerto Rico since the devastating hurricane Maria in 2017. Today’s announcement represents the most comprehensive implementation of Genasys Protect for Critical Infrastructure Protection to date and is a testament to the value of Genasys’ Protective Communications solutions.”