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Frequentis AG: Deployable digital tower solutions to receive a boost in Singapore through FREQUENTIS and ST Engineering

Vienna / Austria (pta008/23.02.2024/09:00 UTC+1)

  • Memorandum of Understanding (MoU) will harness a mutual commitment to the promotion of digital tower capabilities in the region
  • Complimentary skillsets will foster the delivery of military and non-military use cases within defence, civil resource, and human disaster relief sectors

Frequentis and ST Engineering Advanced Networks & Sensors Pte Ltd (ANS), a subsidiary of ST Engineering in Singapore, have agreed to develop their cooperation on deployable digital tower solutions within Singapore and Southeast Asia through the creation of a Memorandum of Understanding (MoU).

The MoU forms a mutual commitment for the delivery of military and non-military use cases using commercial deployable air traffic control technologies for defence, civil resource, and human disaster relief sectors. Through cross training and collaborative scope of delivery sharing, Frequentis and ST Engineering ANS look to build a partnership that will provide the most advanced, capable, and reliable deployable digital tower solutions for customers.

"Working together with ST Engineering on this common goal to bring digital tower technology to the region is one that we welcome as a global supplier aiming to lead the way through innovation. Our goal is always to provide our customers with solutions that enhance operations," says Martin Chaloupek, Managing Director Frequentis Singapore.

Frequentis, a global supplier of safety-critical communication and information systems, with a regional office in Singapore, has developed cutting-edge digital tower technology to support both civil and defence organisations. A number of high-profile references including Germany, South America, Jersey British Isles, and a deployable solution for US Department of Defense, among others, showcase the technology's significance for potential customers in Asia. By leveraging ST Engineering's domain and engineering expertise in mobile platform systems and its regional footprint around Singapore, this close collaboration will open many business opportunities in this region.

Über FREQUENTIS

Frequentis is a global supplier of communication and information systems for control centres with safety-critical tasks. The listed family company develops and markets its "control centre solutions" in the Air Traffic Management segment (civil and military air traffic control, air defence) and the Public Safety & Transport segment (police, fire brigades, emergency rescue services, railways, coastguards, port authorities). With a market share of 30%, Frequentis is the world market leader in voice communication systems for air traffic control. Frequentis is also the global leader in aeronautical information management and aeronautical message handling systems.

As a global player with around 2,200 employees (full-time equivalents/FTE), Frequentis has a global network of companies and representatives in more than 50 countries. Its head office is in Vienna, Austria. Frequentis' products, services, and solutions are used at more than 45,000 operator working positions in around 150 countries. Shares in Frequentis are traded on the Vienna and Frankfurt stock exchanges; ISIN: ATFREQUENT09, WKN: A2PHG5. In 2022, revenues were EUR 386.0 million and EBIT was EUR 25.0 million.

Wherever Frequentis' systems are used, safety-critical operators bear responsibility for the safety of other people and goods. The company also works towards a more sustainable future through its air traffic optimisation solutions.

For more information, please visit www.frequentis.com

Jennifer McLellan, Global Media Relations Manager
jennifer.mclellan@frequentis.com, +44 2030 050 188

Barbara Fürchtegott, Head of Communications/Company Spokesperson
barbara.fuerchtegott@frequentis.com, +43 1 81150-4631

Stefan Marin, Head of Investor Relations
stefan.marin@frequentis.com, +43 1 81150-1074

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Emitter: Frequentis AG
Innovationsstraße 1
1100 Wien
Austria
Contact Person: Stefan Marin
Phone: +431811501074
E-Mail: stefan.marin@frequentis.com
Website: www.frequentis.com
ISIN(s): ATFREQUENT09 (Share)
Stock Exchange(s): Vienna Stock Exchange (Official Trade)
Other Stock Exchanges: Regulierter Markt in Frankfurt
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