Air Freight News

VECTOR takes majority stake in EYYES / VECTOR Informatik GmbH expands global presence with majority ownership of Austrian AI expert EYYES GmbH

Mar 06, 2024

Stuttgart-based software specialist, VECTOR Informatik GmbH, is set to acquire a majority stake in EYYES GmbH, an Austrian AI and camera sensor expert, marking VECTOR's entry into advanced driver assistance systems for rail and commercial vehicles. This strategic partnership anticipates substantial technological synergies and positions EYYES as an independent player in the evolving landscape of AI-driven  traffic safety solutions.

VECTOR CEO Thomas Riegraf sees this acquisition as a pivotal move into innovation, emphasizing significant synergies within the technological environment. EYYES founder and CEO Dipl. Ing. Johannes  Traxler recognizes the strategic significance of VECTOR's majority ownership, ensuring their role as a forward-looking partner for major projects with OEMs and Tier-1s.

With over 35 years of expertise, VECTOR specializes in electronics and software development for embedded systems across 33 global locations. The collaboration with EYYES aligns seamlessly with  VECTOR's commitment to comprehensive testing at various levels of distributed embedded systems.

EYYES, with 28 experts in Austria and Germany, leads in AI-driven driver assistance and traffic perception using camera sensors. Their patented warning systems find applications in rail transport, automotive sectors, and general traffic scenarios. Specializing in customized solutions for rail and commercial vehicles, EYYES' intelligent sensors contribute to improved traffic light control through automatic recognition of wheelchair users.

The partnership underscores a joint commitment to advancing technology in transportation, making roads and railways safer through innovative solutions.

Similar Stories

https://www.ajot.com/images/uploads/article/locomotives-250-and-2026.jpg
CSX unveils commemorative locomotives marking America’s 250th anniversary
View Article
https://www.ajot.com/images/uploads/article/Freedom_Intermodal_Tank_Services.jpg
Freedom Intermodal expands advanced bulk liquid packaging facility in New Orleans, enhancing regional supply chain capabilities
View Article
https://www.ajot.com/images/uploads/article/byc_june_drayage_index.png_copy_.png
The National Drayage Spot Market Index has increased by 9.2% YOY
View Article
https://www.ajot.com/images/uploads/article/Dr._Noel_Hacegaba_and_Robert_Loya_.jpg
Zero-emissions truck early adopters awarded almost $5 million at the Port of Long Beach
View Article
DAT spot market data for May 31-June 6, 2026

Equipment posts rebound as spot rates rise again

View Article
Spot Market Insights: Rates stay extraordinarily high compared to last year

The data showed spot rates remained extraordinarily high and the market was considerably tighter than at this time last year.

View Article