EQS-News: Kontron AG
/ Key word(s): Incoming Orders
Vienna, February 07, 2024 – Kontron announces contract wins in Ireland, Austria, and Slovenia worth exceeding EUR 100m. With these milestone contracts, Kontron Transportation underlines its strong capability to deploy mission-critical communication systems along current customer requirements and acts as a reliable and long-term partner along the technology evolution from GSM-R to Future Railway Mobile Communication Systems (FRMCS). In Ireland and Austria, the contracts will ensure the continued evolution of the proven and standardized GSM-R (Global System for Mobile Communication – Railway) on the Iarnród Éireann - Irish Rail and the ÖBB networks respectively, and the ongoing operations along established railways standards until the evolution of the mobile communication system to FRMCS is available, approved for use on the customer networks and fully deployed. The GSM-R solution provided by Kontron Transportation and its technology partners meets the current and future requirements. Kontron’s methodology of maintaining the current mission-critical customer installations was the most practical option and also protected customer investments. Programs such as the DARTt+ (Dublin Area Rapid Transit) in Irland or the one now deployed in ÖBB simply couldn’t happen without the continued availability and reliability of the Kontron GSM-R network. In Slovenia, the Divača – Koper railway connects the cargo port of Koper with the Slovenian and wider European railway network. Kontron in Slovenia in cooperation with its sister company Kontron Transportation, a global leading supplier of dedicated end-to-end communication solutions for mission-critical networks will design, test, commission and install the Global System for Mobile Communications-Railway (GSM-R) for efficient and secure communication for railway traffic management. Designed to integrate with the existing GSM-R network used across the Slovenian railways, the system will provide coverage of the open track and tunnels of both the main line and supply lines found across the route. “We are very pleased about the very good collaboration and long-term partnership with our customers. As a driving force in the definition of future communication standards, we offer our customers the possibility of a smooth migration and coexistence between GSM-R and a next-generation mobile communication system. For this, we have developed a program that guarantees the availability of GSM-R maintenance and support for as long as customers need it”, says Richard Neussl, COO of Kontron Transportation.
About Kontron AG 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:
All rights reserved. Kontron is a trademark or registered trademark of Kontron Europe GmbH. All other brand or product names are trademarks or registered trademarks or copyrights by their respective owners and are recognized. All data is for information purposes only and not guaranteed for legal purposes. Subject to change without notice. Information in this press release has been carefully checked and is believed to be accurate; however, no responsibility is assumed for inaccuracies.
07.02.2024 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: | 1831837 |
End of News | EQS News Service |
|
1831837 07.02.2024 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.