INVESTOR & ADHOC NEWS

The Hellenic Coast Guard has selected Frequentis and Space Hellas to provide an integrated communication system to enhance search and rescue and maritime safety for the Greek coastline. The unique solution design will provide integrated workflow optimisation, improving operators’ situational awareness, and enabling informed decision making. In an emergency, human lives can be saved more quickly.

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(29.05.2020, Re-publication of the announcement of 07.05.2020)

Frequentis AG ("the Company") announces that following the execution of a capital increase from authorized capital the total number of voting rights in the Company amounts to 13,280,000 and the Company's share capital amounts to EUR 13,280,000.00. The capital increase was entered in the commercial register on 7 May 2020.

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Frequentis emphasises benefit of SESAR Virtual Centre concept during pandemic 

Many flights across the world remain grounded due to COVID-19, however, repatriation flights and cargo flights require the airspace to remain open. There have also been cases of interrupted air traffic control (ATC) services due to suspected COVID cases in air traffic control centres. Today’s operational ATC concept does not allow other sectors to immediately take-over operations, if area control centres (ACCs) are taken out of service. This calls for a modernisation of the ATM system, building on virtualised ATC centres for ACCs and tower, with built-in business continuity, beyond national or regional borders.

Related news:

• SESAR conference at FREQUENTIS reveals future of air traffic control 
   

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• COVID-19 drone operations to support Estonian emergency services
• Frequentis flight information management system enables shared air situation picture
• Joint project with Estonian Air Navigation Services (EANS) and the Estonian manufacturer of UAS (Unmanned Aerial Systems), Threod Systems

Related news:

• FREQUENTIS: Project collaboration and orders in drone management confirm growth strategy
   

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• Virtual General Meeting on first anniversary of IPO
• Karl Michael Millauer and Boris Nemšić re-elected to the Supervisory Board
• High majorities for all proposed resolutions

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