Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Jenoptik AG
  6. News
  7. Summary
    JEN   DE000A2NB601

JENOPTIK AG

(JEN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Jenoptik : and SFC Energy sign cooperation agreement to increase traffic safety with environmentally friendly technologies

04/14/2021 | 03:31am EST
  • SFC fuel cell technology supplies Jenoptik's systems for speed monitoring with environmentally friendly and dependable energy
  • Jenoptik measurement technology ensures greater traffic safety and more efficient traffic control
  • First systems already in operation in several European countries

Photonics group Jenoptik and SFC Energy AG, a leading supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power generation solutions, signed a cooperation agreement with the aim of bundling their expertise in the field of road safety.

Two strong partners for environmental protection and road safety

Speed measurement systems from Jenoptik's Light & Safety division make an important contribution to sustainably increasing traffic safety and reducing accidents. They measure the speed of vehicles and thus additionally ensure a better and more efficient traffic flow.

Together, SFC Energy and Jenoptik together are now taking the topic of sustainable road safety to a new level. EFOY fuel cells by SFC Energy enable Jenoptik measurement systems to provide a completely self-sufficient, location-independent and sustainable energy supply. This makes the complete solution also interesting for the international market and especially for regions where the conventional power grid is less developed.

First systems already in operation in several European countries

Considerable savings potentials for users also result from the low fuel consumption. Compared to conventional generators, EFOY fuel cells are far more fuel-efficient. Moreover, they do not emit any environmentally harmful exhaust gases such as nitrogen oxides (NOx), carbon monoxide (CO) or particulate matter. Compared to a solution with solar panels, the fuel cell technology excels because it is not dependent on the weather and thus supplies environmentally friendly electricity on a permanent basis.

Both partners are already demonstrating their high level of innovation and implementation expertise. The first sytems have already gone into operation in several European countries.

'This partnership moves us and many cities forward in terms of traffic safety and sustainability. It enables us to tap into new alternative energy sources for our devices and delivers significant added value to our customers with the possibility to deploy our measurement systems also in regions with less developed power grids. This means that in the future we will also be able to make our technology available at locations that are not connected to the power grid in order to increase traffic safety there,' says Tobias Deubel, Vice President Global Sales at Jenoptik´s Light & Safety division.

'The potential of the fuel cell comes to impressive fruition in the Jenoptik systems. Together with our partner, we have the opportunity to make important contributions on several levels at once: environmental protection and traffic safety. It is clearly evident that increasing the digitalization of road traffic improves environmental protection. We are all the more pleased that this digitalization is now being powered by environmentally friendly fuel cell energy,' says Dr. Peter Podesser, CEO of SFC Energy AG.

About Jenoptik and the division Light & Safety

Optical technologies are the very basis of our business: Jenoptik is a globally active technology group and is active in the three photonics-based divisions: Light & Optics, Light & Production and Light & Safety.

The Light & Safety division provides road traffic solutions for safety and public security. Its extensive product portfolio includes comprehensive systems for traffic law enforcement by speed and red light monitoring systems and customized solutions for identifying other traffic violations including the measurement of average speed (section control). The division also provides extensive services that cover the entire support chain including automated data processing and analysis. Special expertise relates to automatic number plate recognition (ANPR) including applications for the police. These systems capture, analyse and help to act against public safety threats such as serious organised crime and border control violations through the use of real-time predictive data analysis.

Furthermore, the Light & Safety division offers technical solutions for road user charging. For these applications, the division developed innovative monitoring pillars that combine various digital sensor technologies such as stereo image processing and axle number detection in a single system. With global experience based on more than 30,000 delivered systems worldwide, in-house engineering and design along with local know-how supported by a strong partner network in more than 80 countries, the division helps to make our roads, journeys and communities safer.

About SFC Energy Group

SFC Energy AG is a leading provider of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions. With the Clean Energy and Clean Power Management business segments, SFC Energy is a sustainably profitable fuel cell producer. The Company distributes its award-winning products worldwide and has sold more than 50,000 fuel cells to date. The Company is headquartered in Brunnthal/Munich and operates production facilities in Germany, the Netherlands, Romania, and Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (GSIN: 756857, ISIN: DE0007568578).

Disclaimer

Jenoptik AG published this content on 14 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 April 2021 07:30:03 UTC.


ę Publicnow 2021
All news about JENOPTIK AG
11/26JENOPTIK AG : Deutsche Bank reaffirms its Neutral rating
MD
11/26JENOPTIK AG : Hauck & Aufhauser reiterates its Buy rating
MD
11/25JENOPTIK AG : DZ Bank reaffirms its Buy rating
MD
11/25JENOPTIK AG : Gets a Buy rating from Kepler Cheuvreux
MD
11/25JENOPTIK AG : Warburg Research maintains a Buy rating
MD
11/25Jenoptik To Sell Mechatronic Products Unit To Star Capital-Managed Fund
MT
11/25JENOPTIK : signs agreement to sell VINCORION
PU
11/25JENOPTIK AG : JENOPTIK AG signs agreement to sell VINCORION
EQ
11/25Fund managed by STAR Capital Partnership LLP agreed to acquire VINCORION from Jenoptik ..
CI
11/24JENOPTIK AG : Berenberg gives a Buy rating
MD
More news
Analyst Recommendations on JENOPTIK AG
More recommendations
Financials
Sales 2021 873 M 987 M 987 M
Net income 2021 87,9 M 99,3 M 99,3 M
Net Debt 2021 174 M 197 M 197 M
P/E ratio 2021 22,6x
Yield 2021 0,91%
Capitalization 1 998 M 2 261 M 2 257 M
EV / Sales 2021 2,49x
EV / Sales 2022 2,03x
Nbr of Employees 4 316
Free-Float 89,0%
Chart JENOPTIK AG
Duration : Period :
Jenoptik AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends JENOPTIK AG
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 7
Last Close Price 34,90 €
Average target price 36,29 €
Spread / Average Target 3,97%
EPS Revisions
Managers and Directors
Stefan Traeger Chairman-Executive Board, President & CEO
Hans-Dieter Schumacher Chief Financial Officer
Matthias Wierlacher Chairman-Supervisory Board
Heinrich Reimitz Member-Supervisory Board
Andreas TŘnnermann Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
JENOPTIK AG38.93%2 261
ATLAS COPCO AB31.51%70 385
PARKER-HANNIFIN CORPORATION13.67%39 975
FANUC CORPORATION-9.17%38 980
TECHTRONIC INDUSTRIES COMPANY LIMITED47.11%38 270
SANDVIK AB12.97%31 321