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Kapsch TrafficCom AG

Regulatory Filings Dec 19, 2023

747_rns_2023-12-19_7a85a05e-c677-44fe-b1ca-0f70aba08d00.html

Regulatory Filings

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News Details

Media | 19 December 2023 13:05

Kapsch TrafficCom wins key US tunnel management project

EQS-Media / 19.12.2023 / 13:05 CET/CEST

Kapsch TrafficCom wins key US tunnel management project

  • Contract size of USD 9 million
  • Tunnel to connect Eastern Shore and Virginia Beach

Virginia, December 19, 2023 – Kapsch TrafficCom was awarded a tunnel management contract for the USD 755 Million Parallel Thimble Shoal Tunnel in Chesapeake Bay, Virginia. The contract has a value of USD 9 million.

The Chesapeake Bay Bridge-Tunnel is a 17.6 mile bridge and tunnel complex that spans the lower Chesapeake Bay and connects Virginia’s Eastern Shore. When complete, the new tunnel will carry two lanes of traffic southbound and the existing tunnel will carry two lanes of traffic northbound.

JB Kendrick, President Kapsch TrafficCom North America, comments: “ We are delighted to support a project of this scale with our technology. Connecting the Eastern Shore and Virginia Beach is a key component for expansion in the area.”

The technology provided by Kapsch TrafficCom will ensure comtinued safety in the existing tunnel as well as the new tunnel, with a SCADA (Supervisory control and data acquisition) system, an electrical power control system and safety features such as fire alarms, generators, CCTV, deluge and fire pumps and other critical hardware and software.

More information: Press | Kapsch TrafficCom

Press contact:
Jennifer Singman

Regional Marketing and Communications – NAM

Kapsch TrafficCom North America

3810 Concorde Parkway, Suite 1000, Chantilly

VA 20151, USA

M 571.395.5706

[email protected]

End of Media Release


Issuer: Kapsch TrafficCom AG

Key word(s): Traffic

19.12.2023 CET/CEST This Press Release was distributed by EQS Group AG. www.eqs.com


Language: English
Company: Kapsch TrafficCom AG
Am Europlatz 2
1120 Vienna
Austria
Phone: +43 50811 1122
Fax: +43 50811 99 1122
E-mail: [email protected]
Internet: www.kapschtraffic.com
ISIN: AT000KAPSCH9
WKN: A0MUZU
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1799245
End of News EQS Media

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