Genasys Inc. reported that it has finished the first two groups of its $75 million Puerto Rico Dams Early Warning System (EWS) and has received a multimillion‑dollar deposit for the fourth group, while field work continues on the third group, the largest and most complex phase of the seven‑group project.
The third group covers ten dams and includes 50 outdoor speaker arrays and more than 100 sensors and cameras. The scale and geographic spread of the installations—spanning rugged terrain and densely populated coastal zones—make it the most technically demanding portion of the program, requiring integrated data collection, real‑time analytics, and coordinated alert dissemination to local communities.
The fourth group, which will cover eight dams in the mountainous west‑central interior, has begun site surveys and engineering design after the deposit was received. The deposit, while not disclosed in exact terms, signals the client’s commitment to move the project forward and provides Genasys with the working capital needed to advance the next phase.
Genasys expects to complete the full project by 2027, with the bulk of construction and installation scheduled for 2026. The EWS contract now accounts for a large share of the company’s revenue and backlog, and the progress reported here underpins Genasys’ forecast of profitability in fiscal 2026. In fiscal 2025, the project contributed $13.2 million to hardware revenue and helped the company return to positive operating income and adjusted EBITDA in Q4 2025.
The update reinforces Genasys’ position as a leader in protective communications and signals growing interest from international governments in similar early‑warning systems. Management highlighted the project’s role in driving revenue growth and strengthening the company’s balance sheet, underscoring the strategic importance of the Puerto Rico program to Genasys’ long‑term growth trajectory.
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