Ependion
Ependion's business entity Westermo wins another large train contract
"This strategic contract further solidifies Westermo's position as a market leader in providing cutting-edge onboard network solutions", says Jenny Sjödahl, President and CEO of Ependion. "Westermo's extensive portfolio of rail-certified solutions for both critical and non-critical onboard systems, combined with their technical expertise and a collaborative approach, paved the way for this deal."
Westermo will supply several models of its compact EN 50155-certified Viper Ethernet switches, powered by Westermo’s WeOS operating software, to manage the onboard data networks on the trams. The trams feature a fully digital vehicle control system with integrated collision warning and support for transfer of telemetry data for predictive maintenance.
“We are delighted that the customer has decided to extend its collaboration with Westermo. This platform contract demonstrates the trust and confidence they have in our resilient onboard network solutions and industry expertise", says Kim Dong Nguyen, Global Key Account Manager at Westermo. "Our proven portfolio of rail switches will ensure the best possible performance and reliability for these trams rolled out across Europe in the coming years."
Orders will be placed continuously during the contract period. Deliveries of Westermo products will commence late in 2023 and continue for three years.
This disclosure contains information that Ependion AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 27-06-2023 14:15 CET.
| Datum | 2023-06-27, kl 14:15 |
| Källa | Cision |
Investera som eToros bästa investerare! Med eToros CopyTrader™, kan du automatiskt kopiera andra investerares beslut. Hitta investerare som du tror på och kopiera deras investeringar i realtid. Inga extra avgifter tas ut för funktionen.