TagMaster receives order for RFID system for Belgian tram project
Press release, Sweden, Stockholm, 20 December 2022
TagMaster, a leading supplier of data solutions and advanced sensor systems for Smart Cities within Traffic and Rail, has signed an agreement for the supply of RFID systems for automatically speed control to the tram project TRAM CHARLEROI in Belgium. The order is worth approximately 10 million SEK.
The order concerns the delivery of approximately 700 units of OMR 81 C sensors to one of the major player within signaling systems, which on behalf of the Belgian local transport company TEC delivers system for automatically train protection to the TRAM CHARLEROI tramway project. TagMaster's RFID sensors, which are partly placed in the carts and partly in the ground, will function as automatically speed control.
TagMaster has previously successfully delivered RFID solutions for tram detection and location to TEC.
”The deal proofs that our solutions are of high quality. Safety is of utmost importance when trams circulate on above-ground track, in curves, slopes or in tunnels. The reliability of the security system is crucial”, said Jonas Svensson, CEO, TagMaster.
Delivery will take place in 2023 and 2024.
For further information, please contact
Jonas Svensson, CEO, +46 8-6321950, jonas.svensson@tagmaster.com
About TagMaster
TagMaster is an application oriented technical company developing and selling advanced sensor systems and solutions based on radio, radar, magnetic and camera technologies for demanding environments. TagMaster works in two segments - Segment Europe and Segment USA – with the trademarks TagMaster, Citilog and Sensys Networks – with innovative mobility solutions for increased efficiency, security, safety, comfort and to reduce environmental impact in Smart Cities. TagMaster has subsidiaries in England, France, US and Sweden and exports mostly to Europe, The Middle East, Asia and North America through a global network of partners and system integrators. TagMaster was founded in 1994 and has its head office in Stockholm. TagMaster is a listed company and the share is traded at Nasdaq First North Premier Growth Market in Stockholm. TagMasters certified adviser (CA) is FNCA.