Cubic and Moovit Partner to Deliver World-Class Mobile Experiences for Public Transportation Riders
January 09 2020 - 6:02AM
Business Wire
New integrated platform to offer travelers a
seamless mobile experience in integrating multimodal journey
planning, ticketing and fare collection
Cubic Transportation Systems (CTS), a business division of Cubic
Corporation (NYSE:CUB) leading ticketing, fare collection and
management solutions for public transportation systems around the
world, and Moovit, the leading Mobility-as-a-Service (MaaS)
solutions company and provider of the most popular urban mobility
application, have signed a definitive agreement to co-develop
next-generation mobile solutions for public transit agencies. The
partnership will enable Cubic and Moovit to integrate Moovit’s MaaS
APIs with Cubic’s Mobile Suite to offer an advanced traveler
experience based on Moovit’s multimodal trip planning and Cubic’s
mobile payment and ticketing capabilities.
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“Cubic and Moovit share similar visions of the future of MaaS.
Our technologies and abilities are complementary. This partnership
is just the beginning of an alignment to serve the interest and
operations of our customers – the public transit agencies,” said
Bradley H. Feldmann, chairman, president and chief executive
officer of Cubic Corporation. “The integration of Moovit’s
multimodal journey planning into Cubic’s industry-leading mobile
ticketing and payment offering in the Traveler Application from our
Mobile Suite will offer a one-of-a-kind platform with a seamless,
highly differentiated user experience.”
“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 chief
executive officer of Moovit. “Now, together with Cubic’s global
footprint, we can advance the capabilities of public transit
agencies and empower them with our rich transit 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. We look forward
to continuing to work with Cubic to reach our shared goals.”
Under the partnership, Cubic will integrate Moovit’s rich MaaS
APIs with Cubic’s Traveler App to include service alerts, nearby
transit service lines, multimodal trip planning and real-time
arrival information. The combined solution enables agencies to
offer travelers a world-leading journey experience.
Underpinning this definitive agreement, Cubic and Moovit have
signed a broader strategic agreement to jointly lay the groundwork
for further exploration and collaboration intending to bring
additional MaaS offerings to public transit agencies around the
world.
About Cubic Corporation
Cubic is a technology-driven, market-leading provider of
integrated solutions that increase situational understanding for
transportation, defense C4ISR, and training customers worldwide to
decrease urban congestion and improve the militaries’ effectiveness
and operational readiness. Our teams innovate to make a positive
difference in people’s lives. We simplify their daily journeys. We
promote mission success and safety for those who serve their
nation. For more information about Cubic, please visit the
company’s website at www.cubic.com or on Twitter @CubicCorp.
About Moovit
Moovit (www.moovit.com) is a leading Mobility-as-a-Service
(MaaS) provider and the maker of the world’s most popular urban
mobility app.
Moovit’s app on iOS, Android and Web guides people in getting
around town effectively and conveniently, using any mode of
transport. Introduced in 2011, Moovit now serves over 680 million
users in 3,000 cities across 96 countries.
Moovit amasses up to five billion anonymous data points a day to
add to the world’s largest repository of transit & urban
mobility data. The data gathering is aided by Moovit’s network of
more than 600,000 local editors called “Mooviters.” These
passionate users help map and maintain local transit information in
cities that would otherwise be unserved. Mooviters account for 70%
of the hundreds of cities Moovit opens every year and make Moovit
the “Wikipedia of Transit”.
For governments, cities and transit agencies, Moovit offers
AI-powered MaaS solutions covering planning, operations, and
optimization with proven value in reducing congestion, growing
ridership, and increasing efficiency. Industry leaders such as
Microsoft and Uber have partnered with Moovit to power their
mobility offerings.
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version on businesswire.com: https://www.businesswire.com/news/home/20200109005226/en/
Media Contacts: Laura Chon
Corporate Communications Cubic Corporation PH: +1 858-505-2181
Laura.Chon@cubic.com
Sharon Kaslassi PR Manager Moovit PH: +972-54-484-1405
sharon.kaslassi@moovit.com
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