World ATM Congress Madrid / Spain (pta025/28.10.2021/13:00) - Frequentis will partner with Indra for the development of the EUROCONTROL Integrated Operational Airspace Data (iOAD) digital products. This agreement follows EUROCONTROL's selection of Indra and its partners to perform the digital transformation of its operational systems. The agreement was signed at World Air Traffic Management Congress in Madrid on 26 October 2021.
The iNM programme will put a range of innovative digital products in place enabling EUROCONTROL to maximise efficiency, safety, and sustainability. This programme will replace all current EUROCONTROL Network Manager (NM) operational systems with new digital products that harness big data, artificial intelligence/machine learning and cloud computing.
Developing the iNM digital products will be the responsibility of Indra and its partners and will result in a new digital architecture that will harness the power of innovation, enabling NM to deliver ever more integrated business services and products to its stakeholders.
"We are pleased to be supporting Indra with the digital development of EUROCONTOL systems. The digitalisation of air traffic management is essential to enable more efficient, and flexible services that support aviation's safety and sustainability goals," says Hannu Juurakko, Frequentis Vice President ATM Civil and Chairman of the ATM Executive Team.
Frequentis, headquartered in Vienna, is a global supplier of communication and information systems for control centres with safety-critical tasks. Such 'control centre solutions' are developed and marketed by Frequentis in the business sectors Air Traffic Management (civil and military air traffic control, air defence) and Public Safety & Transport (police, fire brigade, ambulance services, shipping, railways). As a global player, Frequentis operates a worldwide network of branches, subsidiaries, and local representatives in more than 50 countries. Products and solutions from Frequentis can be found in over 40,000 operator working positions and in more than 150 countries.
Founded in 1947, Frequentis considers itself to be the global market leader in voice communication systems for air traffic control with a market share of around 30%. In addition, the Frequentis Group's AIM (aeronautical information management) and AMHS (aeronautical message handling) systems, as well as GSM-R dispatcher working positions for Public Transport are industry leading solutions.
The shares of Frequentis AG are traded on the Vienna and Frankfurt Stock Exchange under the ticker symbol FQT (ISIN: ATFREQUENT09). In 2020, the Frequentis Group generated revenues of EUR 299.4 million and EBIT of EUR 26.8 million. Following the transaction with L3Harris, the number of employees is around 2,100.
For more information, please visit https://www.frequentis.com
Brigitte Gschiegl, Director Corporate Communications, Frequentis AG,
email@example.com, +43 1 81150-1301
Stefan Marin, Head of Investor Relations, Frequentis AG,
firstname.lastname@example.org, +43 1 81150-1074
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