Latest news with #ATMS
Yahoo
21-05-2025
- Business
- Yahoo
Actelis Networks Receives $100K Follow-On Order from Major Mid-Atlantic US County for Continued Traffic Management System Modernization
Follow-On Order Underscores Strong Customer Satisfaction and Proven Performance in High-Stakes Intelligent Transportation Applications FREMONT, Calif, May 21, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced that it has received a $102,000 follow-on order from a major Mid-Atlantic US county to further enhance and expand its Advanced Transportation Management System (ATMS) operations. This new order builds upon the $260,000 project announced in July 2024 and reinforces Actelis' growing position as a trusted provider of critical networking infrastructure for intelligent transportation systems nationwide. "This follow-on order demonstrates the ongoing confidence major transportation authorities place in Actelis' solutions," said Tuvia Barlev, Chairman and CEO of Actelis. "As counties and cities continue to modernize their traffic management capabilities, they increasingly recognize the value of our hybrid-fiber technology in delivering immediate, secure connectivity while maximizing existing infrastructure investments. We're proud to support this county's vision for safer, more efficient transportation systems." The order is specifically targeted at supporting the county's Transportation Systems Technical operations, providing secure, high-performance connectivity that powers a range of critical smart transportation applications. These include automated traffic signal control, real-time intersection monitoring, advanced safety and surveillance systems, and intelligent traffic flow management—all essential components of next-generation transportation infrastructure. The county will leverage Actelis' hybrid-fiber technology to rapidly extend its digital capabilities across its extensive network of roadways and intersections, enabling data-driven strategies that enhance safety, reduce congestion, and improve overall transportation efficiency. Actelis' cyber-hardened networking solutions provide significant advantages for this mission-critical infrastructure, including: Rapid deployment that reduces modernization timelines from months to days Seamless integration with traffic controllers, cameras, and sensor networks Substantial cost savings through utilization of existing infrastructure Military-grade security features protecting vulnerable transportation systems Seamless integration with traffic controllers, cameras, and sensor networks Reliable performance in challenging outdoor environments This latest order continues Actelis' momentum in the intelligent transportation systems market, following recent deployments in cities including Seattle, Orange County, Eugene, as well as a recently announced railway modernization project in Northern Ireland and other implementations across Europe and Asia. These global deployments highlight Actelis' growing recognition as a leading provider of secure, high-performance networking solutions for critical infrastructure applications Actelis Networks, Inc. Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including government, ITS, military, utility, rail, telecom, and campus networks. Actelis' innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Through its 'Cyber Aware Networking' initiative, Actelis also provides AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience. For more information, please visit Statements This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated ARX | Capital Markets Advisors North American Equities Desk actelis@
Business Wire
14-05-2025
- Automotive
- Business Wire
Iteris Chosen to Implement the City of Burleson's Advanced Traffic Management System Plan
AUSTIN, Texas--(BUSINESS WIRE)-- Iteris, Inc., the world's trusted technology ecosystem for smart mobility infrastructure management and part of Almaviva Group, today announced that it was awarded a $1.7 million contract by the city of Burleson, Texas to execute an Advanced Traffic Management System (ATMS) plan. Under the terms of the one-year agreement, Iteris has completed design and construction of a new Traffic Management Center and is currently installing and integrating traffic signal detection hardware, software and communication infrastructure throughout the city. The city has chosen to upgrade city intersection detection sensors to Iteris' Vantage Apex ® hybrid sensors. Vantage Apex is the industry's first 1080p high-definition (HD) video combined with four-dimensional (4D) radar sensor and integrated artificial intelligence (AI) algorithms. It delivers state-of-the-art detection, tracking and classification accuracy of vehicles, pedestrians, and cyclists, as well as HD video display for traffic management center monitoring. Iteris teams are installing these, along with CCTV cameras, ethernet switches, cell modems and all other communication infrastructure to support the ATMS. Iteris is also overseeing the development of a turnkey Traffic Management Center (TMC) for the city, including its finalized design, construction, and integration. The TMC, paired with the extensive intersection signal upgrades, will provide a state-of-the-art system for the city to manage their traffic flow in a way that improves the experience of their constituents. 'We're excited to leverage Iteris' core services and offerings to help Burleson on this project from inception to completion,' said Steven Bradley, senior vice president of mobility consulting solutions at Iteris. 'Their plan brings together our comprehensive and streamlined approach to furnish the advanced sensor technology, upgraded traffic management system, and complete installation/integration—all things that we're proud to have dedicated teams for. This turnkey approach delivers on Iteris' vision to help agencies accelerate the deployment of new technologies to improve mobility. We're thrilled to bring those teams together to help the city execute their vision to increase efficiency and safety to the traveling public.' About Iteris, Inc. Iteris, Inc. is a leading provider of smart mobility infrastructure management solutions and part of the Almaviva Group of businesses serving the transportation and logistics industry. Iteris' cloud-enabled solutions help public transportation agencies, municipalities, commercial entities and other transportation infrastructure providers monitor, visualize, and optimize mobility infrastructure to make mobility safe, efficient, and sustainable. As a pioneer in intelligent transportation systems technology, Iteris' advanced detection sensors, mobility and traffic data, software-as-a-service offerings, and consulting services represent a comprehensive range of mobility infrastructure management solutions that serve customers in North America and around the world. For more information, visit Iteris' website at About Almaviva Group Almaviva, an Italian digital innovation group, supports the country's growth processes by embracing the challenges that companies must face in order to remain competitive in the digital age, innovating its own business models, organization, corporate culture, and ICT. With solid made-in-Italy expertise, Almaviva has built a global network consisting of 30 companies and 80 offices in Italy and abroad, with a significant presence in LATAM (Brazil, Colombia, Dominican Republic), as well as in the United States, Belgium, Spain, Finland, Saudi Arabia, the United Arab Emirates, Egypt, and Tunisia. For more information visit [
Associated Press
29-01-2025
- Business
- Associated Press
Smart Transportation Technology Research and Market Analysis Report 2024: Sales Data for 2023, Estimates for 2024, Forecasts for 2025, 2027, and CAGR Projections through 2029
The 'Smart Transportation: Technologies and Markets' report has been added to offering. The Global Smart Transportation Market was valued at USD 181.7 Billion in 2024, and is expected to reach USD 484.5 Billion by 2029, rising at a CAGR of 21.70%. ITS offers real-time information about traffic and public transportation conditions to reduce the travel time and make the travel easier, safer, and smarter. Smart transportation is highly needed as it can broadly influence almost every aspect of the smart city's operation on daily basis. For instance, trip route planning is helpful, particularly in large, crowded cities. Trip planning applications and service providers afford route recommendations based on relatively shorter paths and traffic congestion. The study analyzes the drivers and dynamics of the smart transportation market, along with current industry trends. The report concludes by providing profiles of the market's major vendors. The base year for the study is 2023, with projections for the years 2024 through 2029, including forecasts of compound annual growth rates (CAGR) for the forecast period. This report analyzes technology offerings across various transportation modes, focusing on roadway, airway, railway and maritime systems. Each transportation mode focuses on various smart transportation solutions and essential services, which include consulting, deployment, integration, and maintenance. These factors are critical for the successful implementation of these technologies, thus the report also analyzes them. The roadway mode's key offerings include traffic management systems, vehicle telematics, passenger information solutions, smart ticketing and parking management. The railway mode's key offerings include employing technologies such as rail traffic management systems and passenger information systems to improve services. The airway mode's key offerings include air traffic management, passenger information systems, freight information and smart ticketing. The maritime mode's key offerings include maritime software, port operations management and vessel tracking. This study analyzes these offerings, all of which are essential to each transportation mode's successful implementation and function. Most smart city projects include the following key ITS applications: Advanced Traffic Management System (ATMS): To help control traffic and improve efficiency ATMS can: adjust traffic lights and other signals in real-time; dynamically adjust rates on toll roads; provide traffic information. Advanced Vehicle Control and Safety System (AVCSS): To promote safe driving, AVCSS can: automatically control a vehicle, preventing or minimizing human driving errors, help drivers avoid or quickly react to hazardous conditions, provide cruise control, lane-keeping, and parking assistance. Advanced Public Transportation System (APTS): To improve the safety of public transportation riders APTS uses: real-time passenger information systems, automatic vehicle location systems, bus arrival notification systems, systems providing priority to buses at intersections. Commercial Vehicle Operation (CVO): CVO is used for automatic vehicle monitoring specifically for commercial vehicles such as buses, ambulances, trucks, and taxis. Apart from monitoring other functions of CVO includes fright administration, commercial vehicle administrative process, Weigh-In-Motion (WIM), roadside CVO safety, on-board safety monitoring, hazardous material planning, and incident response. Report Includes 53 data tables and 43 additional tables An overview of the global market for smart transportation technologies Analyses of the global market trends, with sales data for 2023, estimates for 2024, forecasts for 2025, 2027, and projections of compound annual growth rates (CAGRs) through 2029 Evaluation and forecast the market size for smart transportation technologies based on transportation mode, and geographical region Identification of new opportunities, challenges, and technological hurdles within smart transportation applications Detailed analysis of the current market trends, market forecast, and discussion of technological and regulatory elements that are affecting the future marketplace for smart transportation A discussion on ESG challenges and practices of the industry Key merger and acquisition deals, partnerships, collaborations and joint ventures as well as other strategic alliances within the industry Profiles of the leading global players, including Huawei Technologies Co. Ltd., IBM, Intel Corp., Siemens and Cisco Systems Inc. Companies Featured Aarav Solutions Advantech Co., Ltd. Allied Telesis Holdings Alstom SA Atos SE Axiomtek Co., Ltd. Cisco Systems, Inc. Conduent, Inc. Hexagon AB Hitachi, Ltd. Huawei Technologies Co., Ltd. IBM Corp. IEI Integration Corp. Intel Corp. NEC Corp. SAP SE Siemens Thales Key Attributes: Report Attribute Details No. of Pages 159 Forecast Period 2024 - 2029 Estimated Market Value (USD) in 2024 $181.7 Billion Forecasted Market Value (USD) by 2029 $484.5 Billion Compound Annual Growth Rate 21.7% Regions Covered Global Key Topics Covered: Chapter 1 Executive Summary Market Outlook Scope of the Report Market Summary Market Dynamics and Growth Factors Emerging Technologies Segmental Analysis Regional Analysis Conclusion Chapter 2 Market Overview Overview Future Outlook Value Chain Analysis Porter's Five Forces Analysis Bargaining Power of Suppliers Bargaining Power of Consumers Threat of New Entrants Level of Competitiveness Availability of Substitutes Use Cases Chapter 3 Market Dynamics Overview Market Drivers Growing Need for Cost Efficiency in Transportation Urbanization and Transportation Challenges in Expanding Cities Increased Focus on Road Safety and Security Market Restraints High Initial Costs and Funding Constraints Complex Integration with Legacy Infrastructure Regulatory and Compliance Issues Market Opportunities Enhancing Urban Mobility Growing Demand for Eco-Friendly Transportation Solutions Rise of Mobility-as-a-Service (MaaS) Chapter 4 Regulatory Landscape Overview Regulatory Framework by Region North America Europe Asia-Pacific Latin America Middle East and Africa Chapter 5 Emerging Technologies and Applications Overview Technology Outlook Internet of Things Artificial Intelligence and Machine Learning Big Data Analytics 5G Connectivity Advanced Driver-Assistance Systems Electric Mobility Connected Vehicle Technologies Emerging Technologies in Smart Transportation Autonomous Vehicles Connected Infrastructure EV Ecosystem and Charging Infrastructure Digital Twins Blockchain Smart Transportation Applicational Areas Mobility-as-a-Service (MaaS) Real-Time Tracking and Monitoring Predictive Maintenance Smart Ticketing and Passenger Information Systems Fleet/Freight Management Systems Dynamic Route Optimization V2X Communication Other Applications Chapter 6 Market Segmentation Analysis Segmentation Breakdown Market Breakdown by Transportation Mode Market Breakdown by Roadway Offerings Roadway Solutions Roadway Services Market Breakdown by Airway Offerings Airway Solutions Airway Services Market Breakdown by Railway Offerings Railway Solutions Railway Services Market Breakdown by Maritime Offerings Maritime Solutions Maritime Services Geographic Breakdown Market Breakdown by Region Chapter 7 Competitive Landscape Overview Market Ecosystem Analysis Municipal Governments and Transportation Authorities Technology Providers Automotive Manufacturers Mobility Service Operators Infrastructure Developers and Operators Consumers Market Share Analysis: Key Companies Smart Transportation Market Offerings, by Key Players Strategic Analysis Recent Developments Chapter 8 Environmental, Social and Governance (ESG) Perspective Overview Environmental Impacts Social Impacts Governance Impacts Status of ESG in the Smart Transportation Industry Concluding Remarks Chapter 9 Appendix For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: Copyright Business Wire 2025. PUB: 01/29/2025 09:22 AM/DISC: 01/29/2025 09:22 AM
Zawya
29-01-2025
- Business
- Zawya
ATMS Education Group to invest $27.2mln in new Ras Al Khaimah campus
ATMS Education Group is set to invest AED100 million to develop the University of Wolverhampton's new campus in Ras Al Khaimah. Marking a significant step in this development, the lease agreement for 20,000 m² of land in Al Hamra area at Ras Al Khaimah Economic Zone (RAKEZ) was signed by RAKEZ Chief Government & Corporate Relations Officer Yaser Abdulla Al Ahmed and ATMS President Dr Hemant Kumar. A British institution with over 190 years of educational excellence, the new campus of the University of Wolverhampton is anticipated to be operational by December 2025. It will feature state-of-the-art facilities and separate hostels for boys and girls, designed to accommodate over 600 students and provide a holistic environment conducive to learning and personal growth. Aligning with Ras Al Khaimah's vision for sustainable development and innovation in higher education, the University will offer traditional degree programmes as well as short-term certifications and executive education, tailored to meet the evolving demands of the industry. Its diverse range of programmes, including Business Administration, Computer Science, Health Sciences, and Engineering, will contribute to the emirate's expanding economic sectors and workforce needs, thereby fostering economic development. RAKEZ Group CEO Ramy Jallad said, 'We are excited to welcome the University of Wolverhampton to Ras Al Khaimah. This milestone is a leap forward in positioning the emirate as a top-tier destination for higher education. Supported by RAKEZ's business-friendly environment and robust infrastructure, the establishment of this campus symbolises our ambition to transform Ras Al Khaimah into a vibrant hub of learning and intellectual growth, driving academic excellence and innovation across the region.' ATMS President Dr Hemant Kumar said, 'Our decision to establish a campus in Ras Al Khaimah was driven by its strategic position as a gateway that connects the East and the West. The emirate's growing population, safety, and cost-effectiveness make it an ideal location for expanding our global educational offerings. Furthermore, RAKEZ has been instrumental in the set-up providing a ready-made building which is located on premium land in the upcoming downtown of the emirate and streamlining the approval process with external government entities." He added, 'As we develop this campus, ATMS is committed to playing a significant role in the socio-economic development of Ras Al Khaimah, equipping students with essential global competencies and fostering a multicultural and inclusive academic community.'
Zawya
29-01-2025
- Business
- Zawya
ATMS Education Group to invest AED 100mln in University of Wolverhampton Ras Al Khaimah campus
Ras Al Khaimah: ATMS Education Group is set to invest AED 100 million to develop the University of Wolverhampton's new campus in Ras Al Khaimah. Marking a significant step in this development, the lease agreement for 20,000 m² of land in Al Hamra area at Ras Al Khaimah Economic Zone (RAKEZ) was signed by RAKEZ Chief Government & Corporate Relations Officer Yaser Abdulla Al Ahmed and ATMS President Dr Hemant Kumar. A British institution with over 190 years of educational excellence, the new campus of the University of Wolverhampton is anticipated to be operational by December 2025. It will feature state-of-the-art facilities and separate hostels for boys and girls, designed to accommodate over 600 students and provide a holistic environment conducive to learning and personal growth. Aligning with Ras Al Khaimah's vision for sustainable development and innovation in higher education, the University will offer traditional degree programmes as well as short-term certifications and executive education, tailored to meet the evolving demands of the industry. Its diverse range of programmes, including Business Administration, Computer Science, Health Sciences, and Engineering, will contribute to the emirate's expanding economic sectors and workforce needs, thereby fostering economic development. RAKEZ Group CEO Ramy Jallad said, 'We are excited to welcome the University of Wolverhampton to Ras Al Khaimah. This milestone is a leap forward in positioning the emirate as a top-tier destination for higher education. Supported by RAKEZ's business-friendly environment and robust infrastructure, the establishment of this campus symbolises our ambition to transform Ras Al Khaimah into a vibrant hub of learning and intellectual growth, driving academic excellence and innovation across the region.' ATMS President Dr Hemant Kumar said, 'Our decision to establish a campus in Ras Al Khaimah was driven by its strategic position as a gateway that connects the East and the West. The emirate's growing population, safety, and cost-effectiveness make it an ideal location for expanding our global educational offerings. Furthermore, RAKEZ has been instrumental in the set-up providing a ready-made building which is located on premium land in the upcoming downtown of the emirate and streamlining the approval process with external government entities. ' He added, 'As we develop this campus, ATMS is committed to playing a significant role in the socio-economic development of Ras Al Khaimah, equipping students with essential global competencies and fostering a multicultural and inclusive academic community.' -Ends- For more information, please contact: Cleo Eleazar, Public Relations & Events Manager, RAKEZ Email: About Ras Al Khaimah Economic Zone (RAKEZ): RAKEZ is a powerhouse business and industrial hub established by the Government of Ras Al Khaimah in the United Arab Emirates. It currently hosts over 30,000 companies coming from over 100+ countries and operating in more than 50 industries. RAKEZ offers entrepreneurs, startups, SMEs and manufacturers a wide-range of solutions, including free zone and non-free zone licences, customisable facilities, and first-class services provided in a one-stop shop. Furthermore, RAKEZ has specialised zones that are tailored to specific needs of investors: Al Nakheel and Al Hamra Business Zones for commercial and service companies; Al Ghail, Al Hamra and Al Hulaila Industrial Zones for manufacturers and industrialists; and an Academic Zone for educational providers. A leading economic zone, RAKEZ aims to continue attracting diversified investment opportunities that will contribute to the economic growth of Ras Al Khaimah.
