MICT Inc.’s subsidiary, Mobile Resource Management, has received three purchase orders totaling $1.4 million from an undisclosed telematics company for the supply and delivery of its hardware platform, it announced Monday.
The platform, TREQ-317, is an Android-based fix-mount on board computer that can be installed in a vehicle to monitor and manage vehicle fleets.
The hardware provides real-time monitoring of both vehicle and driver activity and is compliant with the U.S. electronic logging device regulations, MICT said.
MICT operates through Micronet Ltd., in which it has a controlling interest.
