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INVESTOR & ADHOC NEWS

INVESTOR & ADHOC NEWS

Read more about recent developments

Please find here press releases for investors and Adhoc news. For the Investor Relations website please click here.

2024

Airplane during take-off over skyline

FAA selects FREQUENTIS for digitalisation of air-to-ground communications

  • Replacement of radio control equipment in the U.S. National Airspace System (NAS) with air-to-ground protocol converter system (APCS) 
  • Digital communication system will modernise airspace communication networks, maintaining continuity, increasing efficiency, and enhancing security 
  • Flexibility, scalability, and cost savings are also notable advantages 

The Federal Aviation Administration (FAA) has awarded Frequentis a contract to implement the air-to-ground protocol converter system (APCS) for the U.S. National Airspace System, which supports over one billion passengers per year.

“Frequentis is pleased to have been selected by the FAA for its APCS program,” says Dieter Eier, President Frequentis USA. “We are looking forward to helping the FAA to migrate its air to ground network into the IP world. With IP-centric voice communication, both voice and data can be transmitted using the same IP network infrastructure, also resulting in cost savings increased flexibility and scalability.”

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ADHOC: FREQUENTIS AG: Dividend proposal of EUR 0.24 per share for financial year 2023

The Executive Board of Frequentis AG has decided – subject to the approval of the Supervisory Board – to propose a dividend of EUR 0.24 per share for the 2023 financial year to the Annual General Meeting for resolution.

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Hannu Juuraako and Reinhard Grimm

Frequentis appoints new Executive Vice President ATM Civil

Effective 1 July 2024, Reinhard Grimm will take over the role of Executive Vice President ATM Civil from Hannu Juurakko, who will be retiring. He will be responsible for the worldwide ATM civil business of the Frequentis Group.

“Hannu Juurakko has been instrumental in the transformation of our ATM business, mainly developing ATM to a growing supplier with a complete portfolio and uniting the business unit into one unified ATM organisation. The Frequentis Executive Board would like to thank Hannu for his great commitment and wish him all the best for his well-deserved retirement”, says Norbert Haslacher, CEO Frequentis. “Reinhard Grimm brings both international experience and a profound Frequentis background, along with developing and managing new business. I would like to welcome Reinhard to his new role and wish him every success.”

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picture showing Munich Airport, including Tower and Airplanes; copyright Shutterstock

FREQUENTIS DFS AEROSENSE to install validation system for a virtual tower at Munich Airport

  • The system to validate a virtual tower is being set up at the DFS branch at Munich Airport
  • This is intended to determine the potential of such solutions for hub airports and make them ready for deployment
  • The system is to support complex operations including mixed approaches and departures, and independent parallel runway operations

"Setting up the digital tower system and the validation of the solution for larger hub airports are a major milestone for the digitalisation of air traffic control. I hope it will open up a wide range of potential applications and serve as an international flagship project. DFS Aviation Services and Frequentis have cultivated a mutually beneficial and successful partnership for many years. The foundation provided by this strong alliance will drive the future development of digital tower solutions around the world," says Norbert Haslacher, CEO Frequentis AG.

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picture showing handshake after singing ceremony

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

  • 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).

“Working together with ST Engineering ANS 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.

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