Kapsch TrafficCom Embraces Exeger’s Solar Cell Technology for Sustainable Transport

Kapsch TrafficCom Embraces Exeger’s Solar Cell Technology for Sustainable Transport

(IN BRIEF) Kapsch TrafficCom is entering a strategic partnership with Exeger to develop eco-friendly communication solutions with self-charging capabilities. They will utilize Exeger’s solar cell technology, Powerfoyle™, which converts various light sources into renewable energy. This collaboration aims to reduce resource consumption in Kapsch TrafficCom’s products, making them more sustainable and cutting their carbon footprint by up to 50%. Both companies prioritize sustainability and user convenience, with Powerfoyle solar cells being non-toxic and versatile in design. The partnership signifies a commitment to delivering sustainable transportation solutions.

(PRESS RELEASE) VIENNA/ STOCKHOLM, 9-Nov-2023 — /EuropaWire/ — Kapsch Group (VIE: KTCG), a leader in innovative transportation solutions, announces that Kapsch TrafficCom, a global leader in transportation solutions, has partnered with Exeger to develop environmentally friendly communication solutions with self-charging capabilities.

Kapsch TrafficCom (KTC) will harness Exeger’s cutting-edge solar cell technology, known as Powerfoyle™, which has the remarkable ability to convert all forms of light into clean, sustainable energy. This innovative collaboration will allow KTC to reduce resource consumption in its products while enabling more sustainable operations for the company and its clients, ultimately cutting the carbon footprint of certain devices by up to 50%.

Both KTC and Exeger share a strong commitment to sustainability and user convenience. Powerfoyle solar cells are crafted from non-toxic, readily available materials. Moreover, Exeger’s unique printing technique allows these solar cells to take various shapes, making them seamlessly integratable into products without compromising their aesthetic appeal.

Georg Kapsch, CEO of Kapsch TrafficCom, stated, “Innovation is at the heart of what we do. Our partnership with Exeger reflects our commitment to developing cutting-edge technologies that not only enhance the efficiency of our products and solutions, but also embody our responsibility towards the environment. This collaboration marks a pivotal moment for both companies as we make a further step on our journey to bring sustainable products to the transportation sector.”

Georgios Foufas, Chief Commercial Officer at Exeger, remarked, “This collaboration represents an exciting leap into a new market. Our journey has always been driven by a desire to create impactful and sustainable technologies that shape industries and the world at large. Partnering with Kapsch TrafficCom, a true leader in the intelligent traffic systems market, will set a new standard for sustainability in traffic and tolling management systems, opening new doors for innovation and showcasing the scope of what Powerfoyle can do.”

Stay tuned for additional updates on this partnership, which will be announced later this year.

Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility with successful projects in more than 50 countries. Innovative solutions in the application fields of tolling, tolling services, traffic management and demand management contribute to a healthy world without congestion.

With one-stop-shop solutions, the company covers the entire value chain of customers, from components to design and implementation to the operation of systems.

Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in more than 25 countries and is listed in the Prime Market segment of the Vienna Stock Exchange (ticker symbol: KTCG). In its 2022/23 financial year, about 4,000 employees generated revenues of EUR 553 million.

Exeger is a Swedish company with a unique solar cell technology that converts all forms of light into electrical energy. This material, Powerfoyle, is the world’s only fully customizable solar cell. With its superior design properties, it can be integrated seamlessly into any electronic device.

Powerfoyle enhances every product it is integrated into with extended or even unlimited battery life, putting the power of cutting-edge solar cell technology directly in the hands of people. Exeger is leading the way to energy independence through more sustainable and user-friendly products – with the vision to touch the lives of a billion people by 2030.

Exeger press contact:
Karin Carlström
Karin.carlstrom@exeger.com
+46 70 358 2911

Sandra Bijelic
Head of Corporate Communications
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
sandra.bijelic@kapsch.net

SOURCE: Kapsch TrafficCom AG

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