pta20240515027
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Frequentis AG: FREQUENTIS increases shares in Nemergent Solutions ...

...to further advance mission-critical communication technology

Vienna / Austria (pta027/15.05.2024/14:15 UTC+2)

  • Frequentis shares in Nemergent Solutions increased from 15% to 25%
  • This increased shareholding reinforces Frequentis' position in the Mission-Critical Communications (MCX) market

Frequentis acquired a 15 per cent share of Nemergent Solutions in 2020, and it has rapidly emerged as an international expert in MCX technologies. The Spanish company has contributed significantly to projects in public transport and public safety, providing software for application services and mobile terminals for emergency services. This increase in shareholding solidifies Frequentis' commitment to providing innovative MCX solutions including the MissionX solution enabling mission-critical services over next-generation broadband communication networks.

"This strategic increase in our shareholding underscores our dedication to advancing MCX technologies. Nemergent Solutions brings invaluable expertise in MCX backend solutions, complementing our efforts to enhance our MCX solution MissionX for the global market," says Norbert Haslacher, CEO of Frequentis.

This collaboration translates into optimised critical communication technology for networks in dedicated and limited geographical areas, scalable for country-wide rollouts, and accommodating up to 500,000 end users. With increased shares, Frequentis plans to leverage Nemergent's expertise to advance MCX products, enhancing next-generation broadband communication globally.

"We are delighted to have found Frequentis at an early stage in our company development as an international player and complementary partner allowing us to grow in our field of expertise in a sustainable way. We are keen to jointly make most of many international opportunities for the MissionX solution," says Jose Oscar Fajardo, CEO of Nemergent Solutions.

As MCX continues to be a key pillar of innovation in Frequentis' portfolio of solutions, this partnership is key to the further development and integration of Nemergent's MCX products into Frequentis' MCX solution MissionX and fortifies Frequentis' dedication to providing specialised solutions for safety-critical environments.

Notably, Nemergent and Frequentis worked together on the BroadWay project, which aims to provide boundary-free mission-critical broadband to public safety workers across Europe.

About FREQUENTIS

Frequentis is a global supplier of communication and information systems for control centres with safety-critical tasks. The listed family company develops and markets its "control centre solutions" in the Air Traffic Management segment (civil and military air traffic control, air defence) and the Public Safety & Transport segment (police, fire brigades, emergency rescue services, railways, coastguards, port authorities). With a market share of 30%, Frequentis is the world market leader in voice communication systems for air traffic control. Frequentis is also the global leader in aeronautical information management and aeronautical message handling systems.

As a global player with around 2,200 employees (full-time equivalents/FTE), Frequentis has a global network of companies and representatives in more than 50 countries. Its head office is in Vienna, Austria. Frequentis' products, services, and solutions are used at more than 49,000 operator working positions in around 150 countries. Shares in Frequentis are traded on the Vienna and Frankfurt stock exchanges; ISIN: ATFREQUENT09, WKN: A2PHG5. In 2023, revenues were EUR 427.5 million and EBIT was EUR 26.6 million.

Wherever Frequentis' systems are used, safety-critical operators bear responsibility for the safety of other people and goods. The company also works towards a more sustainable future through its air traffic optimisation solutions.

For more information, please visit www.frequentis.com

Barbara Fuerchtegott, Head of Communications/Company Spokesperson
barbara.fuerchtegott@frequentis.com, +43 1 81150-4631

Stefan Marin, Head of Investor Relations
stefan.marin@frequentis.com, +43 1 81150-1074

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Emitter: Frequentis AG
Innovationsstraße 1
1100 Wien
Austria
Contact Person: Stefan Marin
Phone: +431811501074
E-Mail: stefan.marin@frequentis.com
Website: www.frequentis.com
ISIN(s): ATFREQUENT09 (Share)
Stock Exchange(s): Vienna Stock Exchange (Official Trade)
Other Stock Exchanges: Regulierter Markt in Frankfurt
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