dormakaba Holding AG / CH0011795959
24.07.2024 - 18:00:06dormakaba is expanding in the airports business: innovations, major orders, and extension of production in India
| dormakaba Holding AG / Key word(s): Partnership 24.07.2024 / 18:00 CET/CEST Rümlang, 24 July 2024 - dormakaba is expanding its activities in the airports business area. Unique pilot projects for the automation of security checks are already underway at various airports and more will be coming soon. dormakaba has also seen a very good order intake in the airport sector for the financial year 2023/24. Orders for the supply and maintenance of Argus Air eGates sensor gates were successfully implemented at several airports. The total revenue was in the high single-digit million (CHF). In order to meet the increasing demand from the Indian market, dormakaba has now expanded its production center in Chennai. Together with leading technology companies like Rohde & Schwarz, dormakaba has developed new solutions for passenger screening at airports. This self-screening is a new approach but is based on mature technologies, products, and solutions within the dormakaba portfolio and the portfolios of the other companies involved in the project. Security gates from dormakaba are used, which enable an automatic body scan without a pat-down. This innovative approach gives passengers more autonomy during the security check. The use of cameras and sensors can halve the number of security personnel required for security checks, thus freeing them up for other tasks. The new solutions for automated security checks are currently being tested in Las Vegas as part of a pilot project and projects with other airports are already planned. Once the test phase has been successfully completed in summer 2025, dormakaba expects to receive orders from airports worldwide. These new solutions will also be able to be used in areas such as critical infrastructure, IP protection and prisons. In general, dormakaba is experiencing strong demand in the airport sector. Numerous projects were successfully implemented in the 2023/24 financial year. The newly installed Argus Air eGates are in use at airports including Changi (Singapore), Western Sydney (Australia), Jeddah (Saudi Arabia), Doha (Qatar), Munich (Germany), Xianyang (China), and Copenhagen (Denmark). The eGates enable a secure, smooth and reliable processing of passengers for access to security-relevant areas of the airports. Due to growing demand, the regional production center in Chennai was expanded to include the production of the latest Argus Air Self-Boarding/ Security & Lounge product line. The production area was increased by 400m2, making it now 4,400m2 for this purpose. The facility, which currently employs around 60 people, covers the needs of the Indian market. The core components, such as the drive and control unit, are supplied by the Bühl production center in Germany. Till Reuter, CEO of dormakaba, says: "As a global market and innovation leader in access control systems for airports, we are experiencing strong demand. With regional production centers, we can optimally meet demand in growth markets and successfully implement major projects. Technology partnerships with leading companies such as Rohde & Schwarz enable us to develop pioneering innovations like automated security checks for airports."
Download Section Media Release PDF Automated Security Check (IMG) General Disclaimer This communication contains certain forward-looking statements including, but not limited to, those using the words “believes”, “assumes”, “expects” or formulations of a similar kind. Such forward-looking statements reflect the current judgement of the company, involve risks and uncertainties and are made on the basis of assumptions and expectations that the company believes to be reasonable at this time but may prove to be erroneous. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks, uncertainties and other factors outside of the company's and the Group's control which could lead to substantial differences between the actual future results, the financial situation, the development or performance of the company or the Group and those either expressed or implied by such statements. Except as required by applicable law or regulation, the company accepts no obligation to continue to report, update or otherwise review such forward-looking statements or adjust them to new information, or future events or developments. This communication does not constitute an offer or an invitation for the sale or purchase of securities in any jurisdiction. dormakaba®, dorma+kaba®, Kaba®, Dorma®, Ilco®, LEGIC®, Silca®, BEST® etc. are registered trademarks of the dormakaba Group. Due to country-specific constraints or marketing considerations, some of the dormakaba Group products and systems may not be available in every market. End of Media Release |
| Language: | English |
| Company: | dormakaba Holding AG |
| Hofwisenstrasse 24 | |
| 8153 Rümlang | |
| Switzerland | |
| Phone: | +41 448189011 |
| E-mail: | info@dormakaba.com |
| Internet: | https://www.dormakabagroup.com |
| ISIN: | CH0011795959 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 1953441 |
| End of News | EQS News Service |
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