Indra and Parsons join forces to expand global reach of advanced sustainable mobility solutions

Indra, one of the leading global technology and consulting companies, and Parsons Corporation (NYSE: PSN), a leading international technology, engineering and consultancy firm, have signed a partnership agreement that will leverage their combined expertise in the design and implementation of innovative mobility solutions and strengthen their positions as global leaders in the smart mobility sector.

The partnership will explore new opportunities for technology implementations in traffic and transit across several regions, such as North America, where the companies have a proven track record of successful projects; and the Middle East, where investments in the latest mobility technologies have grown exponentially in the last few years. The partnership will also explore collaboration opportunities in other mobility areas, such as rail, maritime transportation and airport facilities.

Raúl Ripio, Senior Vice President of Mobility and Technology at Indra, and Robert Suess, Vice President and General Manager of Intelligent Infrastructure at Parsons, signed the agreement today at Indra's headquarters in Madrid. This partnership combines Parsons' transportation project experience in engineering, design, systems integration, and construction and project management, with Indra's capabilities of developing and deploying the most advanced technologies for connected highways, tolling systems, intelligent traffic control, and automatic vehicle detection, among others.

"At Indra, we have been working in the United States for years on mobility projects where we applied cutting-edge technologies, such as our connected vehicles platform and our free-flow dynamic tolling systems for Managed Lanes. To continue growing and expanding our leadership in the market, we join forces with Parsons, a standard-bearer in United States transportation, and a great partner to generate synergies and strengthen the positioning of our transformative solutions worldwide," said Raúl Ripio, Managing Director of Mobility and Technology at Indra.

"Indra and Parsons share a common goal of advancing sustainable mobility through innovative solutions that improve transportation systems and infrastructure,” stated Robert Suess, Senior Vice President and General Manager of Intelligent Infrastructure at Parsons. “Our collaboration will enable us to leverage our respective strengths and capabilities to deliver transformative mobility solutions that enhance connectivity, safety, and efficiency for communities around the world."

With this agreement, Indra strengthens its position in the North American market and was recently awarded a contract with the North Carolina Turnpike Authority (NCTA), together with Parsons, to equip the I-485 Express Lanes with an open road dynamic tolling system using 3D LiDAR and artificial intelligence technologies.

Indra has a strong presence in the U.S. mobility market, recently implementing an all-overhead open road tolling system, automatic detection of occupants in High Occupancy Toll (HOT) lanes, 3D LiDAR and connected vehicle technologies on I-66 Outside the Beltway in 2022. Indra also installed the HOT Lanes video occupancy detection system in the express lanes on I-95, I-495 and I-395 in Northern Virginia.

With this partnership, Indra reaffirms its position as a leader in the development and implementation of intelligent technology for traffic management and public transportation through solutions that facilitate sustainable mobility and promote more efficient modes of transportation, with references in the United States, the United Kingdom, Ireland, the Philippines, Chile, Colombia, Mexico, Portugal, Spain and more.

For Parsons, this partnership presents new opportunities to design, build, and maintain intelligent transportation systems in the United States and explores new business avenues in strategic locations such as the Middle East, where it already has an extensive network of suppliers and partners to integrate Indra's technological solutions and optimize resources.

About Indra

Indra (www.indracompany.com) is one of the leading global technology and consulting companies and a world leader in technological engineering for the aerospace, defense and mobility markets, while it leads digital transformation and information technology consultancy in Spain and Latin America through its subsidiary, Minsait. It’s the technological partner for the digitalization and key operations of its customers’ businesses around the world thanks to its model, which is based on a comprehensive range of proprietary products with an integrated high-value approach and a high degree of innovation. Sustainability forms part of its strategy and culture in order to address social and environmental challenges now and in the future. In the 2022 financial year, Indra achieved ordinary revenue totaling €3.851 billion, with more than 57,000 employees, a local presence in 46 countries and business operations in over 140 countries.

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how we're making an impact.