Welcome to our dedicated page for KPSHF news (Ticker: KPSHF), a resource for investors and traders seeking the latest updates and insights on KPSHF stock.
KPSHF (undefined) drives innovation in intelligent transportation systems through advanced tolling solutions and traffic management technologies. This news hub provides stakeholders with essential updates about the company's infrastructure projects, technology deployments, and strategic partnerships.
Access official press releases covering new contract awards, safety system implementations, and operational milestones. Our curated collection includes updates on predictive analytics applications, intersection safety upgrades, and public-private partnership developments across global markets.
Key content categories include financial performance announcements, technology patent filings, major project completions, and executive leadership updates. All materials maintain factual reporting on implemented solutions rather than speculative forecasts.
Bookmark this page for direct access to KPSHF's verified transportation technology updates. Check regularly for insights into tolling system innovations, traffic analytics advancements, and infrastructure modernization initiatives shaping urban mobility.
Kapsch TrafficCom North America has appointed Phil Thompson as Vice President of Sales and Business Development. Thompson brings over 20 years of IoT industry experience, having held leadership roles at Spring Window Fashions, Crestron, Control4, and Honeywell. He succeeds Dan Toohey, who served since 2021 and is retiring. Thompson holds dual Bachelor's degrees from the University of Auckland and has served on the Consumer Technology Association and Rutgers University boards. The company, headquartered in Vienna, operates in more than 50 countries, generating revenues of EUR 539 million in 2023/24 with approximately 4,000 employees.
Kapsch TrafficCom celebrates the opening of Complete 540 Phase 1, an extension of the Triangle Expressway in North Carolina, USA. The project, which opened for traffic on September 25th, 2024, aims to enhance regional connectivity and reduce travel times. The North Carolina Turnpike Authority (NCTA) selected Kapsch in 2017 to upgrade and modernize this expressway with a comprehensive state-of-the-art tolling solution.
Key features of the project include:
- First multi-protocol facility in the United States
- Twelve toll zones with automatic vehicle identification (AVI) Readers
- Vision-based vehicle detection and classification without in-pavement sensors
- All-electronic (open road) tolling functionality
Kapsch will provide maintenance and operation services for eight years after opening. The project is expected to support the region's planned growth and development, offering a reliable and efficient transportation option for all users.
Kapsch TrafficCom has secured a 50-year tolling contract for the Interstate 10 Calcasieu River Bridge project in Louisiana, valued at USD 230 million. This Public-Private Partnership (P3) initiative, led by the Louisiana Department of Transportation and Development and Calcasieu Bridge Partners, aims to improve traffic on the I-10 corridor in Lake Charles. Kapsch TrafficCom will provide end-to-end tolling services as the Tolling Contractor and System Integrator.
The overall I-10 Project, valued at over USD 2.1 billion, includes constructing a new bridge, interstate corridor improvements, ramps, interchanges, and service roads. Kapsch TrafficCom will implement its Roadside and Backoffice systems, including operational support and customer service. The tolling system will commence operations after the bridge opens to traffic.
Kapsch TrafficCom has secured a 50-year tolling contract for the Interstate 10 Calcasieu River Bridge project in Louisiana, valued at USD 230 million. This public-private partnership (P3) initiative, led by the Louisiana Department of Transportation and Development and Calcasieu Bridge Partners, aims to improve traffic on the I-10 corridor in Lake Charles. The overall project, worth over USD 2.1 billion, includes constructing a new bridge, interstate corridor improvements, and other infrastructure enhancements.
Kapsch TrafficCom will provide end-to-end tolling services as the Tolling Contractor and System Integrator, leveraging its Roadside and Backoffice systems. The company's involvement in this long-term project underscores its expertise in transportation solutions for sustainable mobility.
Kapsch TrafficCom, in collaboration with Austrian roadway operator Asfinag, has installed the first operational Green Gantry in Carinthia, Austria. This innovative toll gantry, constructed from renewable timber, offers significant environmental benefits compared to traditional steel or aluminum gantries. The Green Gantry saves 15 tons of CO2 emissions during production and has a lifespan of at least 20 years.
Key features of the Green Gantry include:
- Constructed mainly from glued and laminated spruce timber
- Weather-resistant larch wood for the outer layer
- Meets all relevant European norms and standards
- Powered by its own photovoltaic system with battery storage
- Installed in just one day due to high prefabrication
This sustainable initiative aligns with Kapsch TrafficCom's commitment to providing transportation solutions for sustainable mobility.
