Jenoptik Group wins major traffic solutions order, worth more than 20 million euros
The Traffic Solutions division has received a major order for systems and equipment for traffic monitoring from the Kingdom of Saudi Arabia
The total equipment order exceeding 20 million euros will be delivered and installed through this year and next. As a result, the major order will in part contribute to sales and earnings already in 2011.
Jenoptik is supplying equipment for the Saudi Arabian ATVAM project (Automated Traffic Violations Administering and Monitoring). ATVAM is considered to be the largest and technically most ambitious single project ever in the history of traffic law enforcement worldwide. Over the next years the project aims at substantially reducing the number of killed or injured people on Saudi Arabia's roads.
During the competitive tender for this major project, the Jenoptik division benefited from its leading market position and won out over numerous competitors. A key component of the systems ordered are the 3D Tracking Radar Sensors which have been recently developed by Jenoptik. These non-invasive sensors can simultaneously monitor several lanes for speed and red light violations.
With the new order placed now Jenoptik's Traffic Solutions division continues its successful acquisition of important major projects. In March 2010, Jenoptik had reported a major order outside Europe worth over 12 million euros for traffic law enforcement systems and equipment.
As an integrated optoelectronics group, Jenoptik operates in five divisions: Lasers & Material Processing, Optical Systems, Industrial Metrology, Traffic Solutions and Defense & Civil Systems. Its customers around the world primarily include companies in the semiconductor and semiconductor equipment industries, the automotive and automotive supplier industries, the medical technology, security and defense technology industries and the aerospace industry.
In the Traffic Solutions division, Jenoptik develops, manufactures and markets components and systems that increase road traffic safety throughout the world. The product portfolio, which is based on the proven Robot technology, includes comprehensive systems for all aspects of road traffic, such as speed and red light monitoring systems as well as OEM (Original Equipment Manufacturer) products and systems for detecting traffic violations. In the services area, the Jenoptik division covers every aspect of the support process chain - from system development, construction and installation of the monitoring infrastructure, to capturing images of infringements and their automatic processing, through to issuing the citations and collecting the fines as the system operator.