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Mo, 23.09.2024 10:23
pta20240923011
Business news for the stock market
Frequentis AG: Delivery of new communication system for SBB
Vienna, Austria (pta011/23.09.2024/10:23) -
Swiss Federal Railways (SBB) has selected Frequentis to deliver and implement a new communication system that will replace the current dispatcher system and manage communication for over 11,000 trains daily. The new platform called IMS Service BTA will enhance communication between train control centres, staff, and emergency teams, ensuring smoother operations across the network. "We are proud to continue our collaboration with SBB, a relationship that has spanned nearly 20 years," says Thomas Karl, Vice President Frequentis Public Transport. "The new system will support SBB's rail operations well into the next decade and underscores our commitment to providing best-in-class solutions to world-leading railways." Frequentis' advanced FTS3020 Release 6 product is based upon the Future Railway Mobile Communication System (FRMCS) target architecture and will be implemented as a fully software-based system. This means it can be easily integrated with SBB's existing infrastructure without major disruptions to operations. The system will maintain seamless communication during the transition, ensuring that trains continue to operate reliably. The advanced technology also supports ongoing standardisation efforts for railway communication, making the switch to future technologies such as 5G and MCX smoother for SBB. Frequentis will provide delivery, integration, and maintenance services for the new system, reflecting its commitment to the safety and efficiency of Switzerland's railways. The project comes as part of a successful partnership since 2006, with services provided from Vienna, Austria, and Olten, Switzerland. www.frequentis.com/public-transport About FREQUENTIS Frequentis stands for a safer world. Our solutions are used in our customers' command and control centres and help them make the world safer. Frequentis' reliable communication and information systems are used around the world by civil and military air traffic control organisations (Air Traffic Management segment) and the police, emergency rescue services, fire brigades, railways, coastguards, and port authorities (Public Safety & Transport segment). The listed family business based in Vienna, Austria, drives innovative and sustainable solutions for safety and security in everyday life and communications in the safety-critical sector. Its air traffic optimisation solutions for air traffic control centres contribute to reducing emissions. With a market share of 30%, this high-tech company is the world market leader in voice communication systems for civil air traffic control. As a global player with more than 2,300 employees (full-time equivalents/FTE), Frequentis has a worldwide network of companies in over 50 countries. Its products, services, and solutions are used in around 150 countries. Shares in Frequentis are traded on the Vienna and Frankfurt stock exchanges; ISIN: ATFREQUENT09, WKN: A2PHG5. In 2023, revenues were EUR 427.5 million and EBIT was EUR 26.6 million. For more information, please visit http://www.frequentis.com
Barbara Fuerchtegott, Head of Communications/Company Spokesperson
Stefan Marin, Head of Investor Relations
(Ende)
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