Cubic Transportation Systems.

TECHNOLOGY: Fare collection technology company Cubic Transportation Systems and travel software developer Moovit have signed a strategic agreement for further collaboration in the Mobility-as-a-Service market, including integration of Moovit’s multimodal trip planning with Cubic’s mobile payment and ticketing capabilities. This will provide a platform offering service alerts, route information, multimodal trip planning and real-time arrival information.

‘Cubic and Moovit share similar visions of the future of MaaS’, explained Bradley Feldmann, President & CEO of Cubic Corp. ‘This partnership is just the beginning of an alignment to serve the interest and operations of our customers, the public transit agencies’.

‘Moovit’s mission is to simplify urban mobility, and since 2012 we have worked with thousands of transit agencies across 3 000 cities to make that a reality’, said Nir Erez, co-founder and CEO of Moovit. ‘With Cubic’s global footprint, we can advance the capabilities of public transit agencies and empower them with our rich data and world-leading multimodal journey planner, coupled with Cubic’s powerful mobile ticketing, to provide urban mobility users with a true MaaS experience. Riders will be able to plan journeys and pay for them too, from the ease of a single platform.’