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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.

2021

FREQUENTIS acquires parts of the ATM product segment from L3Harris Technologies

Frequentis AG, a leading international supplier of communication and information solutions for safety-critical applications, has announced today that it had signed an agreement to acquire the ATM voice communications and arrival management product business from the US company L3Harris Technologies for a purchase price of USD 20.1 million (about EUR 16,58 million) subject to customary net debt and working capital based purchase price adjustments at Closing. The Adhoc PR can be downloaded here: Adhoc: FREQUENTIS acquires parts of the ATM product segment from L3Harris Technologies Inc (01:00 PM)

  • The acquisition underpins Frequentis’ strong capabilities in voice communication solutions for civil and military Air Traffic Management (“ATM”)
  • The transaction is expected to be completed in the second half of the year 2021 and is subject to competition clearance and regulatory approvals
  • The transaction will complement Frequentis’ ATM product portfolio and is expected to contribute revenues of some EUR 30 million p.a. to Frequentis in the first full FY after closing
  • Customers will benefit from an even broader ATM solution portfolio delivering greater capabilities and digitalisation

To read the news in full click download.

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Adhoc: FREQUENTIS acquires parts of the ATM product segment from L3Harris Technologies Inc (01:00 PM)

Today, Frequentis AG has signed an agreement to acquire the ATM voice communications and arrival management product business from the US company L3Harris Technologies Inc for a purchase price of USD 20.1 million (about EUR 16,58 million) subject to customary net debt and working capital based purchase price adjustments at Closing.

To read the news in full click download.

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Bavarian Police enhances emergency communication with FREQUENTIS Public Safety communication platform 3020 LifeX

The Bavarian Police has successfully completed installation of the Frequentis LifeX multimedia communication platform, making it the first state-wide LifeX project for Frequentis Public Safety in the German market. The rollout to nine control centres includes a total of 255 radio and emergency call working positions. The Bavarian Police signed the acceptance in December 2020. This event marks an important milestone for Public Safety and the market launch of the Frequentis mission-critical communication platform LifeX.

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FREQUENTIS and Avinor win Air Traffic Management award for ATM/UTM integration in Norway

The annual Air Traffic Management magazine awards has selected Frequentis and Avinor Air Navigation Services as the winner of its 2020 award for ATM/UTM (unmanned traffic management) integration.

The project caught the attention of judges for its ability to provide situational awareness of the unified airspace and safe, secure, and reliable communication between air traffic control and drone operators.

To read the news in full click download.

To watch the awards ceremony click here.

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Austrian Ministry of the Interior: Nationwide rollout of new revolutionary Police command and control centre solution ELKOS

"The core of the delivery is the Frequentis 3020 LifeX as communication hub between police control centres and police officers. Our highly reliable, state-of-the-art software solution supports police teams to ensure the safety of Austrian citizens around the clock, 365 days a year," says Frequentis CEO Norbert Haslacher. "As an Austrian company, it is a particular pleasure for us to provide ELKOS, the largest safety-critical communication infrastructure in Austria, together with our partner Hexagon, the supplier of the computer-aided dispatch system."

The Press Release of the Austrian Ministry of the Interior can be found HERE (in German only).

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