Transport ripe for investment

Leading investors spelt out the attractiveness of the ITS space for investment yesterday as they met with the technology specialists at the start of ITS America’s 22nd Annual Meeting. This was the continuation of an initiative launched by ITSA at the 2011 ITS World Congress in Orlando, creating a forum for financial firms to meet with the ITS companies developing products and services ripe for investment.
May 21, 2012 Read time: 2 mins
Raymond James Managing Director Gary Downing
Leading investors spelt out the attractiveness of the ITS space for investment yesterday as they met with the technology specialists at the start of 560 ITS America’s 22nd Annual Meeting.  This was the continuation of an initiative launched by ITSA at the 2011 6456 ITS World Congress in Orlando, creating a forum for financial firms to meet with the ITS companies developing products and services ripe for investment.

At a packed out meeting were principal directors of investors Fontinalis Partners, Guggenheim and Raymond James.

“We’ve all heard a lot about 2170 Facebook’s flotation this week, but looking forwards, social media is passe. The future is in transportation and energy; areas with tangible benefits,” said Raymond James Managing Director Gary Downing. “Investors are shifting the attention of their dollars to ITS because it is positive for cities, for voters and the environment. ITS presents clear benefits which drive investment. Third party evidence shows returns are attractive and ITS is a $50Bn industry with signs of greater stability of funding from the federal government from 2013.”

ITS America President & CEO Scott Belcher added: “Matching investors to ITS companies is a growing area for us. We will be facilitating further follow up meetings with investment firms in coming months, matching them up with technology suppliers. We want ITS America to be the place where these companies come together.”

%$Linker: Asset 4 42435 0 oLinkExternal <span class="mouselink">www.ITSA.org</span> www.ITSA.org false /EasySiteWeb/GatewayLink.aspx?alId=42435 false false%>

For more information on companies in this article

Related Content

  • ITS America seeks module authors for new web-based ITS resource
    March 19, 2013
    The Intelligent Transportation Society of America (ITS America) is requesting proposals from individuals interested in serving as module authors for the development of the ITS content of the Road Network Operations (RNO), its web resource to be published on the World Road Association (PIARC) website. The current proposed structure includes seven themes and twenty-five modules. Prospective authors are asked to indicate which nodule(s) they are qualified for and are proposing to cover in response to this RFP
    Read More
  • Measurement Specialities’ Roadtrax BL sensor keeps rolling
    March 24, 2014
    In an industry that prides itself on continual innovation, Measurement Specialities is at Intertraffic quietly celebrating 25 years of its hugely successful Roadtrax BL piezoelectric axle sensor. Installed in 65 countries across six continents, the sensor continues to enjoy sales growth of nearly 10% a year and the firm’s team see no reason why the product won’t have another 25 years life in it. “While our main markets are countries in the developed world, we are seeing a lot of applications in the devel
    Read More
  • Smart Parking and the Connected Consumer - new ITS America Report
    December 6, 2012
    The Intelligent Transportation Society of America (ITS America) and co-author Steven H Bayless will present a new report titled Smart Parking and the Connected Consumer - Opportunities for Facility Operators on Monday, 10 December at the Hyatt Regency, Jersey City in conjunction with a Smart Parking Symposium in Jersey City, New Jersey. The report will analyse both the opportunities and challenges faced by parking facility operators and technology providers when implementing smart parking systems. The repo
    Read More
  • GTT Intergrates
    May 22, 2012
    Global Traffic Technologies’ new in-vehicle Opticom GPS system is said to allow integration with other on-board systems due to its many interface options. Plus, it’s easy to install, operate and troubleshoot, according to GTT, which has developed a very useful Opticom section on the company’s website.
    Read More

Highlighted Content