Kapsch

(IN BRIEF) The Vienna Stock Exchange faced a challenging year in 2023, marked by high interest rates, persistent inflation, and geopolitical tensions that impacted European stock markets. Despite these unfavorable conditions affecting trading activity, the exchange achieved a record year … Read the full press release →

(IN BRIEF) On December 1st, the Orange County Transportation Authority (OCTA) celebrated the opening of the I-405 Express Lanes system, a pioneering infrastructure project designed and built by Kapsch TrafficCom. The state-of-the-art system, featuring FasTrak® transponder technology, offers commuters an … Read the full press release →

(IN BRIEF) Kapsch TrafficCom’s Spanish subsidiary has successfully implemented a sophisticated traffic light priority system for Madrid’s first Bus Rapid Transit (BRT) system, connecting key neighborhoods and reducing travel times. The system uses on-board beacons and traffic light controllers to … Read the full press release →

(IN BRIEF) Kapsch TrafficCom AG, in accordance with the Austrian Stock Exchange Act, has disclosed that as of the end of November 2023, the total number of voting rights stands at 14,300,000, matching the company’s share capital of EUR 14,300,000.00. … Read the full press release →

(IN BRIEF) Kapsch TrafficCom AG has successfully completed the placement of 1.3 million new shares, representing 10% of its existing share capital. These newly issued shares were divided into 477,217 shares against cash contributions and 822,783 shares against contributions in … Read the full press release →

(IN BRIEF) Kapsch TrafficCom AG has announced its decision to pursue a capital increase from authorized capital by issuing up to 1,300,000 new ordinary no-par value bearer shares, representing up to 10% of the existing share capital. This capital increase … Read the full press release →

(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 … Read the full press release →

(IN BRIEF) Kapsch TrafficCom has unveiled a strategic partnership with Spain’s Comillas Pontifical University to establish a ‘Chair for Smart and Sustainable Mobility.’ This collaboration aims to explore various aspects of urban mobility, conduct in-depth analysis, and propose innovative policy … Read the full press release →

(IN BRIEF) Kapsch, a leading transportation solutions provider, has developed advanced Weigh in Motion (WIM) systems to address the challenges posed by overweight and overloaded vehicles on roads. These systems accurately measure axle and total weights, detect weight categories and … Read the full press release →

(IN BRIEF) The Supervisory Board of Kapsch TrafficCom AG has decided not to extend the contract of Andreas Hämmerle, who serves as the Chief Financial Officer (CFO) and is set to remain in his role until 2024. Consequently, Georg Kapsch, … Read the full press release →

(IN BRIEF) Kapsch TrafficCom has implemented an advanced toll collection system called MLFF (Multi-Lane Free Flow) in Santiago de Chile’s metropolitan area. This system facilitates over 1.6 billion transactions annually across nine urban highways in Santiago and extends to two … Read the full press release →

(IN BRIEF) Kapsch TrafficCom has received an award at the Austria’s Leading Companies ceremony for its “Responsible Annotation” project, which focuses on integrating people with disabilities into the workforce. The project, initiated in 2019, provides opportunities for young individuals at … Read the full press release →

(IN BRIEF) Kapsch TrafficCom (KTC), a global transport solutions provider, has secured a significant contract with Danish EETS toll service provider Brobizz. Under the agreement, Kapsch will provide its advanced GNSS-based tolling solution, featuring TÜV-certified On-Board Units (OBUs) and satellite … Read the full press release →

(IN BRIEF) Kapsch TrafficCom is expanding its production of on-board units (OBUs) for contactless toll collection in Vienna by over 30%, allowing for the manufacture of approximately 2 million OBUs annually. The expansion represents an investment of EUR 1.3 million. … Read the full press release →

(IN BRIEF) The Spanish city of Castelló is partnering with Kapsch TrafficCom to implement a Low Emission Zone (LEZ) in its central area to address air quality, noise, and congestion issues. The system will rely on number plate recognition, air … Read the full press release →

(IN BRIEF) Connected vehicle technology, in the form of Orchestrated Connected Corridors (OCCs), is enhancing road safety and traffic flow, benefiting both motorists and vulnerable road users. OCCs provide real-time traffic management capabilities and safety insights, addressing challenges like driver … Read the full press release →

(IN BRIEF) On July 5, 2023, autoTicket GmbH, a joint venture of Kapsch TrafficCom AG and CTS Eventim AG Co. KGaA, reached a settlement agreement with the Federal Republic of Germany to end arbitration proceedings related to the termination of … Read the full press release →

(IN BRIEF) The adoption of Connected Vehicle technology in road work areas has the potential to significantly improve safety for both road workers and drivers. Real-time warning messages transmitted to in-vehicle displays help increase driver awareness and reduce reaction times, … Read the full press release →

(IN BRIEF) Kapsch TrafficCom and Microsec have announced an expansion of their collaboration to provide comprehensive, modular, and secure corridor management solutions. The companies have jointly developed a security package based on standard IEEE 1609.2.1, which offers V2X-PKI security credentialing … Read the full press release →

(IN BRIEF) Kapsch TrafficCom has released a significant update to its Automatic Number Plate Recognition (ANPR) software. The new update incorporates deep learning elements, resulting in significant performance improvements, and can accurately identify number plates with hundreds of thousands of … Read the full press release →