Kontron: Another design win of over EUR 50 million from a heavy machinery manufacturer – Design win volume increases to EUR 3.7 billion

• Development contract for autonomous driving and operational computer platforms • Renowned customer in the heavy engineering sector • Total volume of EUR 50 million with deliveries starting in year 2025 • Current design win volume increases to EUR 3.7 billion

Linz, November 23, 2023 – Kontron AG, a leading global IoT technology company, continues to see high demand for IoT solutions. The company achieved another design win with revenues of around EUR 50 million. Starting in year 2025, Kontron will support a renowned customer from the heavy engineering sector with autonomous applications over several years.
 
Kontron will develop and provide autonomous driving and operating computer platforms for the customer that enable partially to fully autonomous vehicle functions for 24/7 operation. The solution offered meets demanding requirements, is extremely robust, achieves very high performance and works under extreme temperatures. In addition to the technical solution, the design win also includes long-term product support of up to 10 years from the Kontron engineering team, which can draw on extensive knowledge and experience of robust autonomous systems.
 
Kontron's heavy equipment IoT solutions directly address the customer's current and future challenges. Many large trucks and other vehicles operate in remote areas such as mines. For safety reasons, drivers must change every eight hours. Not only is shift work in such demanding environments very expensive, the lack of experienced and qualified drivers can even lead to unwanted downtime. Therefore, operators of heavy machinery are increasingly relying on automation technology to ensure continuous, reliable operation and increase efficiency.
 
The EvoTrac-S1901 system platform from Kontron will be used. It features the latest high-performance processor technique and is designed to meet future vehicle requirements in terms of artificial intelligence, deep learning with GPU and accelerator functions. Designed to accelerate the deployment of demanding heavy mobile equipment applications in agriculture and mining as well as trucking and in the construction business, the compact platform is unmatched in its flexibility.

For more information on EvoTRAC-S1901 please visit: EvoTRAC-S1901 | Kontron

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About Kontron

Kontron AG (www.kontron.com , ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) is a leading IoT technology company. For more than 20 years, Kontron has been supporting companies from a wide range of industries to achieve their business goals with intelligent solutions. From automated industrial operations, smarter and safer transport to advanced communications, medical and energy solutions, the company delivers technologies that add value for its customers. Kontron is listed on the SDAX® and TecDAX® of the German Stock Exchange and has around 4,700 employees with subsidiaries in more than 20 countries around the world.

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Alexandra Kentros
Kontron AG - Communications
Tel: +49 151 151 9388 149
group-pr@kontron.com
 

Barbara Jeitler
Kontron AG – Investor Relations
Tel: +43 (1) 80191 1199
ir@kontron.com

All rights reserved. Kontron is a trademark or registered trademark of Kontron Europe GmbH. All other brand or product names are trademarks or registered trademarks or copyrights by their respective owners and are recognized. All data is for information purposes only and not guaranteed for legal purposes. Subject to change without notice. Information in this press release has been carefully checked and is believed to be accurate; however, no responsibility is assumed for inaccuracies.