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

  • Cubic launches virtual video ticketing
    February 26, 2014
    If you want to know the future of transport ticketing, make sure you visit the Cubic Transportation stand at Intertraffic Amsterdam 2014 and check out NextAgent, the virtual ticketing concept that is set to revolutionise the industry. NextAgent Video Ticket Office acts as a combination of a conventional ticket office, vending machine, and call centre. The passenger speaks and interacts, face-to-face, with a clerk throughout the ticketing process, just as they would at a traditional ticket window. The onl
    Read More
  • Kapsch showcases vehicle-to-vehicle technologies
    October 15, 2012
    Cooperative systems in which vehicles communicate with each other (vehicle-to-vehicle or V2V) and to the road infrastructure (V2I) and collectively referred to as V2X, will build the backbone for safe driving as well as efficient and environmentally-friendly road usage in the future. So Kapsch is very much looking to the future with its V2X demonstration at the ITS World Congress by showcasing how such cooperative communication can avoid accidents, optimise fuel consumption, driving speed and travel time. P
    Read More
  • Kapsch showcases vehicle-to-vehicle technologies
    October 15, 2012
    Cooperative systems in which vehicles communicate with each other (vehicle-to-vehicle or V2V) and to the road infrastructure (V2I) and collectively referred to as V2X, will build the backbone for safe driving as well as efficient and environmentally-friendly road usage in the future. So Kapsch is very much looking to the future with its V2X demonstration at the ITS World Congress by showcasing how such cooperative communication can avoid accidents, optimise fuel consumption, driving speed and travel time. P
    Read More
  • Kapsch showcases vehicle-to-vehicle technologies
    October 15, 2012
    Cooperative systems in which vehicles communicate with each other (vehicle-to-vehicle or V2V) and to the road infrastructure (V2I) and collectively referred to as V2X, will build the backbone for safe driving as well as efficient and environmentally-friendly road usage in the future. So Kapsch is very much looking to the future with its V2X demonstration at the ITS World Congress by showcasing how such cooperative communication can avoid accidents, optimise fuel consumption, driving speed and travel time. P
    Read More

Highlighted Content