|
EQS-News: Kontron AG
/ Key word(s): Development of Sales
• Development contract for autonomous driving and operational computer platforms • Renowned customer in the heavy engineering sector • Total volume of EUR 50 million with deliveries starting in year 2025 • Current design win volume increases to EUR 3.7 billion
Linz, 23 November 2023 – Kontron AG, a leading global IoT technology company, continues to see high demand for IoT solutions. The company achieved another design win with revenues of around EUR 50 million. Starting in year 2025, Kontron will support a renowned customer from the heavy engineering sector with autonomous applications over several years. Kontron will develop and provide autonomous driving and operating computer platforms for the customer that enable partially to fully autonomous vehicle functions for 24/7 operation. The solution offered meets demanding requirements, is extremely robust, achieves very high performance and works under extreme temperatures. In addition to the technical solution, the design win also includes long-term product support of up to 10 years from the Kontron engineering team, which can draw on extensive knowledge and experience of robust autonomous systems. Kontron's heavy equipment IoT solutions directly address the customer's current and future challenges. Many large trucks and other vehicles operate in remote areas such as mines. For safety reasons, drivers must change every eight hours. Not only is shift work in such demanding environments very expensive, the lack of experienced and qualified drivers can even lead to unwanted downtime. Therefore, operators of heavy machinery are increasingly relying on automation technology to ensure continuous, reliable operation and increase efficiency. The EvoTrac-S1901 system platform from Kontron will be used. It features the latest high-performance processor technique and is designed to meet future vehicle requirements in terms of artificial intelligence, deep learning with GPU and accelerator functions. Designed to accelerate the deployment of demanding heavy mobile equipment applications in agriculture and mining as well as trucking and in the construction business, the compact platform is unmatched in its flexibility. For more information on EvoTRAC-S1901 please visit: EvoTRAC-S1901 | Kontron
About Kontron Kontron AG (www.kontron.com, ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) is a leading IoT technology company. For more than 20 years, Kontron has been supporting companies from a wide range of industries to achieve their business goals with intelligent solutions. From automated industrial operations, smarter and safer transport to advanced communications, medical and energy solutions, the company delivers technologies that add value for its customers. Kontron is listed on the SDAX® and TecDAX® of the German Stock Exchange and has around 4,700 employees with subsidiaries in more than 20 countries around the world.
Follow Kontron: Kontron on Twitter Kontron on LinkedIn News about Kontron can also be found on the official Kontron blog
Media Contact
Barbara Jeitler Kontron AG – Investor Relations Tel: +43 (1) 80191 1199
Alexandra Kentros Kontron AG - Communications Tel: +49 151 151 9388 149
Jan Lauer Profil Marketing OHG Tel: +49 (531) 387 33-18
All rights reserved. Kontron is a trademark or registered trademark of Kontron AG. All data is for information purposes only and not guaranteed for legal purposes. Information in this press release has been carefully checked and is believed to be accurate; however, no responsibility is assumed for inaccuracies.
23.11.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Kontron AG |
| Industriezeile 35 | |
| 4020 Linz | |
| Austria | |
| Phone: | +43 (732) 7664 - 0 |
| E-mail: | ir@kontron.com |
| Internet: | https://www.kontron.com |
| ISIN: | AT0000A0E9W5 |
| WKN: | A0X9EJ |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; BX, Vienna Stock Exchange (Vienna MTF) |
| EQS News ID: | 1777663 |
| End of News | EQS News Service |
|
|
1777663 23.11.2023 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
