INVESTOR & ADHOC NEWS

The Public Safety Communication Europe (PSCE) Forum has elected Charlotte Rösener, Frequentis expert in the field of mission-critical broadband communication, as Chair of the Industry Committee for the next four years. Charlotte Rösener was also admitted to the four-member Board of the Forum.

"The election as Chair of the Industry Committee is a great recognition for our expert Charlotte Rösener and her achievements in the field of mission-critical broadband communication. Her appointment underlines Frequentis' positioning as an innovator and leading provider in the field of Public Safety," says Frequentis CEO Norbert Haslacher.

Related news:

• EU project BroadWay: BroadPort consortium led by FREQUENTIS successfully completed first Europe-wide demonstration
• BroadWay project: BroadPort consortium led by FREQUENTIS to build a prototype for a pan-European broadband communication system 
   

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Strategic partnerships and acquisitions to extend the product portfolio are important elements in Frequentis’ corporate strategy and growth trajectory. To drive forward this focused expansion in the future, Werner Langhans has been appointed to head the Executive Board staff department “Strategic Partnerships and M&A” from June 2021.

The estimated total value of the global market for control centres is EUR 13 billion p.a. “At present, we can address just over EUR 2 billion of this market. Strategic partnerships, acquisitions, and equity investments are therefore cornerstones of our growth strategy,” says Frequentis’ CEO Norbert Haslacher. “We want to expand our portfolio and gain access to new markets through prudent acquisitions. The aim is to increase the size of the market we address step by step.”

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At the 58th General Assembly of EUROCAE, held virtually this year, Michael Holzbauer, Frequentis Director European Affairs and Air Traffic Management (ATM) Programs, was re-elected into the EUROCAE Council as Vice President. The assignment recognises his ATM expertise, representing Frequentis within EUROCAE – a renowned organisation for setting aviation industry standards.

Related news:

• EUROCAE Symposium & 58th General Assembly 28-30 April 2021

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• ATC Solutions business unit of Harris Canada Systems becomes Frequentis Canada ATM Ltd.
• Acquisition extends the Frequentis Group's technical solutions for air traffic control
• Position in communications solutions in the air traffic management market is strengthened, especially in North America and the UK

“I am delighted that this transaction has been closed so quickly and convinced that Frequentis Canada ATM will make an important contribution to our ATM communication solutions business in the future,” says Frequentis’ CEO Norbert Haslacher. “Our joint competencies make us stronger, especially in the key US, Canadian, and UK markets.”

As a wholly owned subsidiary of Frequentis AG, the former ATC Solutions business unit of Harris Canada Systems Inc., which is headquartered in Gatineau, Canada, will operate independently as Frequentis Canada ATM Ltd.

Related news:

• FREQUENTIS acquires parts of the ATM product segment from L3Harris Technologies
   

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At the Annual General Meeting of Frequentis AG, FN 72115 b, on 20 May 2021 the resolution was passed to pay a dividend for the business year 2020 of EUR 0.15 (15 Cent) per participating nopar value share.

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