Cubic and Moovit announce strategic partnership

Cubic Transportation Systems—the business division of Cubic Corporation leading ticketing, fare collection and management solutions for public transportation systems—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.

Cubic has been supplying Transport for London with the contactless technologies behind Oyster Card since its introduction in 2003.

Israel-headquartered Moovit has 680 million users in 3,000 cities across the world. The app—and associated desktop version—enables users to plan transit journeys, and can provide real-time information as well as notifications at stops.

The new partnership will enable Cubic to incorporate Moovit’s MaaS functionality to offer multimodal trip planning, mobile payment and ticketing capabilities.

“Riders will be able to plan journeys and pay for them too, from the ease of a single platform,” according to Moovit co-founder and CEO Nir Erez.

To read more, click here.