Econolite is to be exclusive licensee for ZincFive’s nickel-zinc (NiZn) battery products, with worldwide rights to manufacture, sell, support and service the uninterruptible power supply (UPS) and battery back-up system (BBS) solutions in the ITS market.
ZincFive CEO and co-Founder Tim Hysell says: “This partnership is founded on our common vision for a green, efficient future for the intelligent transportation industry. We are determined to use this vision as a catalyst for expanding accessibility and further adoption of our technology.”
Currently marketed as ZincBlue, Econolite’s ZincBlue2 NiZn-based intelligent BBS solutions are used to maintain 'always-on' status for customers’ ITS programmes and traffic signal operations.
Christian U. Haas, CEO of Umovity, the entity which takes in Econolite and PTV Group, says: “This underlines our mission to improve mobility for humanity through advanced technology worldwide.”