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

  • Cost efficient sign printing with Avery Dennison’s TrafficJet system
    March 25, 2014
    Efficient sign printing is offered by Avery Dennison’s new TrafficJet unit, while its new sheeting offers high visibility. The firm claims the TrafficJet machine offers a fast return on investment, with an economical purchase price and efficient running costs.
    Read More
  • Iteris demonstrates advanced traffic monitoring
    August 11, 2014
    Iteris, specialist in traffic management solutions that measure, manage and inform, to guide better decision making, will use the ITS World Congress Detroit to highlight advanced applications for arterial and freeway performance monitoring; vehicle and bicycle detection; data analytics; systems integration; and traveller information. The company will have three kiosks, directly across from the Traffic Management Center, providing demonstrations of VantageNext, iPeMS as well as advanced traveller information
    Read More
  • High performance embedded reflective road stud
    February 28, 2014
    Ennis Prismo, which has changed its name to Ennis-Flint, will use Intertraffic Amsterdam 2014 to launch the Stimsonite 380c click stud reflector, an embedded-type reflective road stud for use on highways, airfield roads, service roads and all trafficked areas requiring high performance delineation and marking to guide drivers. The stud, which is fitted with a high performance prismatic reflector system, incorporates a unique system for fixing the reflector body providing lifetime retention of the reflector
    Read More
  • Gardasoft’s flexible lighting with board-level strobe
    October 28, 2014
    Developed by UK company Gardasoft Vision, the VCT6 series of board-level, high intensity LED strobe illuminators provide ITS OEMs with a powerful and flexible lighting solution, including options for compact IP65 housings suitable for mobile applications. Using the latest high power LED technology available, the VCT6 system delivers up to 500W pulses to the LED array, providing controlled illumination over a de ned target area. They are fully integrated with internal timing, intensity control, trigger i
    Read More

Highlighted Content