SALT LAKE CITY, June 02, 2026 (GLOBE NEWSWIRE) -- OMNIQ CORP. (OTCQB: OMQS) ("OMNIQ" or the "Company"), a leading provider of AI-based computer vision solutions, reports that increased government funding and rapid advances in artificial intelligence are driving demand for machine vision, vehicle recognition, and intelligent monitoring technologies across government and commercial markets as there has been more than $170 billion in funding authorized for security and immigration projects.
Recent reporting by The Wall Street Journal highlighted that more than $170 billion has been allocated toward immigration and security initiatives, along with approximately $165 billion in additional Homeland Security funding, including billions of dollars designated for border technology and surveillance infrastructure.
The funding comes as the adoption of artificial intelligence-powered surveillance and machine vision technologies continues to accelerate. According to Grand View Research, the global computer vision market is projected to grow from approximately $19.8 billion in 2024 to $58.3 billion by 2030, while the AI in video surveillance market is expected to expand from approximately $6.5 billion to $28.8 billion during the same period.
The Wall Street Journal described the rapid expansion of AI-powered surveillance and monitoring technologies as an emerging "AI gold rush," attracting new competitors and accelerating innovation across the machine vision industry. OMNIQ's recent deployments include AI-powered vehicle recognition, mobile license plate recognition, vehicle damage inspection, healthcare monitoring applications, and intelligent monitoring solutions supporting transportation, parking, and enterprise operations.
"We're encouraged to see the level of investment and innovation taking place across the machine vision industry," said Shai Lustgarten, Chief Executive Officer of OMNIQ. "What we're seeing now is a great opportunity for omniQ and our products. This investment and significant funding create broader recognition of the practical applications and value that omniQ’s technology and products can deliver across government and commercial markets."
ABOUT OMNIQOMNIQ CORP. (or omniQ) uses patented and proprietary artificial intelligence (AI) technology to deliver machine vision image processing solutions, including data collection, real-time surveillance, and monitoring for supply chain management, homeland security, public safety, traffic & parking management, and access control applications.
Published on 6/4/2026