Corporate announcement for the capital market
Vienna (pta002 / 02.21.2021 / 07: 00) – The US Army and Frequentis have successfully installed the 3020X Voice Communication System (VCS) for the Butts Army Airfield in Fort Carson, Colorado. This is the 70th installation for the US Army.
The system has been installed, tested and commissioned without affecting operations or service continuity.
The Frequentis VCS is a drop-in upgrade that was carried out under a multi-year contract with the Federal Aviation Administration (FAA). Frequentis has been replacing the US Army’s Enhanced Terminal Voice Switch (ETVS) and Small Tower Voice Switch (STVS) systems in air traffic control towers and radar approach control systems throughout the USA since 2015.
The system offers increased reliability for voice communication and improved efficiency by streamlining work processes in air traffic control.
The Frequentis VCS3020X product line has a future-proof design including Voice Over Internet Protocol (VoIP) network technology and uses the latest standard for IP-based air-to-ground radio communication, ED-137, and the operation of unmanned aerial vehicles in accordance with the latest requirements.
“ The US Army requires 24/7 communications for its security-critical operations, so upgrades or changes can be challenging. By successfully completing the installation, acceptance, and operational use of the 70th voice communications system with no downtime, we were able to Meet the requirements of the US Army, “said Leonard Swiontek, President Frequentis USA. “We are proud of our employees who continue to support our customers in the military despite the challenges posed by COVID-19. We look forward to working with the US Army on future installations and ensuring the highest quality voice communication in air traffic control . ”
As part of the FAA contract, over 190 systems have been installed to date, offering the FAA partner award-winning voice communication systems as well as complete system production, testing, installation, cutover and maintenance work. In 2017, Frequentis won the Air Traffic Control Association (ATCA) Industry Award for projects such as supplying the Army’s largest terminal voice communication system to Fort Rucker.
Headquartered in Columbia, Maryland, Frequentis USA, Inc. develops, builds and integrates 24/7 communications systems, ATC legal recording and information systems for the FAA, NASA, the Department of Defense and public safety organizations in state and local governments.
Frequentis, headquartered in Vienna, is an international provider of communication and information systems for control centers with security-critical tasks. Frequentis develops and sells such “Control Center Solutions” in the segments Air Traffic Management (civil and military air traffic control, air defense) and Public Safety & Transport (police, fire brigade, emergency services, shipping, rail). As a global corporation, Frequentis has an international network of branches, subsidiaries and local representatives in over 50 countries. Frequentis products and solutions can be found at more than 30,000 workstations and in around 140 countries.
Founded in 1947, according to its own calculations, Frequentis is the world market leader in voice communication systems for air traffic control with a market share of 30%. The systems of the Frequentis Group are also world leaders in AIM (Aeronautical Information Management), Message Handling Systems (message systems for aviation) and GSM-R systems in the rail sector.
Frequentis AG shares are listed on the Vienna and Frankfurt stock exchanges under the symbol FQT, ISIN ATFREQUENT09. In 2019, around 1,850 employees worldwide generated sales of EUR 303.6 million and an EBIT of EUR 17.2 million.
About Frequentis USA
Founded in 1999, Frequentis USA is headquartered in Columbia, Maryland and has a 45,000 square meter facility. The ISO 9001: 2015 certified company designs, builds, integrates and provides 24/7 support for communications systems, ATC legal recording and information systems for the FAA, NASA, the Department of Defense and public safety organizations in state and local governments.
You can find detailed information about Frequentis on the homepage https://www.frequentis.com
Brigitte Gschiegl, Director Corporate Communications, Frequentis AG,
[email protected], +43 1 81150-1301
Stefan Marin, Head of Investor Relations, Frequentis AG,
[email protected], +43 1 81150-1074
|Contact Person:||Stefan Marin|
The stock market:
|Official trade in Vienna|
|ISIN (s):||ATFREQUENT09 (share)|
|Other trading venues:||Regulated market in Frankfurt|