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Di, 17.12.2024 12:35
pta20241217036
Business news for the stock market
Frequentis AG: FREQUENTIS and Avinor to advance automated tower operations across Norway
Vienna / Austria (pta036/17.12.2024/12:35) -
Frequentis has been selected by Avinor AS, the state-owned operator of Norway's airports and air navigation services, to modernise air traffic management at Oslo Airport, Norway's largest, as well as up to 14 regional airports. The New Tower System Oslo (NeTSO) project will introduce state-of-the-art technology to enhance safety and efficiency, while preparing for future growth and ensuring European Common Project One compliance. Starting at the end of 2024, the programme establishes the foundation for a long-term cooperation on all Norwegian tower installations. With a focus on scalability and efficiency, the solution enables Oslo Airport to prepare for future traffic scenarios and allows airports across Norway to handle future traffic volumes, ensuring cost-effectiveness and sustainability. It will replace the legacy Advanced Surface Moving Guidance and Control System (A-SMGCS) and Electronic Flight Strips (EFS) systems by providing air traffic controllers with an integrated solution that combines flight data, air and ground surveillance with a routing function, departure management (DMAN), and safety tools into a seamless, user-friendly, integrated controller working position. Future programme phases will also include remote tower capabilities, ensuring operations continue smoothly during contingency situations, and a potential additional remote third runway control. "Frequentis stood out with high standards across all key areas, from product quality to delivery and training. Their ability to meet our expectations in critical aspects highlights their dedication to delivering innovative and reliable solutions for Avinor," says Abraham Foss, CEO of Avinor. "We feel honoured and fully committed to extending our strong long-term partnership with Avinor, which will continue to foster close cooperation and drive innovation to the mutual benefit of both companies," says Norbert Haslacher, CEO Frequentis. "Our solution will help Avinor meet rising capacity demands in a unified and modern approach to tower operations nationwide while maintaining the highest safety standards." Frequentis and Avinor have built a strong partnership since 2002, with Frequentis equipping Norway's voice communication systems, arrival management (AMAN), aeronautical message handling system (AMHS), as well as tower systems. 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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