Genasys Inc. 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.

In response to the disaster of the Guajataca dam, which required the evacuation of 70,000 residents shortly after hurricane Maria in 2017, the Puerto Rico Emergency Agency (PREMA), funded by FEMA, contracted with Genasys to design and install the first EWS on the island starting in 2018. The EWS system contemplated by this award will be installed in all the dams of the Government of Puerto Rico, which belong to PREPA, the Puerto Rico Aqueduct and Sewer Authority, and the Puerto Rico Department of Natural and Environmental Resources. This project will cover the various components of each EWS, including dam instrumentation, sensors, Genasys Protect ACOUSTICs, the GPS and controls system, evacuation route signage, and the community outreach program with the Genasys Protect platform.

It is anticipated that the project will require approximately 18 months to complete installation, though groups of dams will come online in progressive phases as the project moves forward.