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cts.cubic.com

Partners & Customers

10

About Cubic Transportation Systems

Cubic Transportation Systems is an integrator of payment and information technology and services for intelligent travel solutions. Cubic delivers integrated solutions that help transport operators manage their operations and services and give passengers choices in the smartest and easiest ways to pay their fares. Cubic specializes in design, development, manufacture, supply, installation, integration, services and information. Services provided by Cubic include on-site management, central systems, operations support, patron support, business support and field services. Cubic Transportation Systems is part of Cubic Corporation. Cubic Corporation is the parent company of three major business segments: Defense Systems, Mission Support Services and Transportation Systems. Cubic Defense Systems is a provider of realistic combat training systems and defense electronics. Mission Support Services is a provider of training, operations, maintenance, technical and other support services for U.S. and allied nations.

Headquarters Location

5650 Kearny Mesa Road

San Diego, California, 92111,

United States

858-268-3100

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Latest Cubic Transportation Systems News

BC Transit Introduces Modernized Fare Payment System in Victoria Using Cubic’s Umo Platform

Aug 24, 2023

Cubic Transportation Systems  (CTS), a leading global provider of integrated transit solutions, is proud to announce the implementation of its Umo platform as BC Transit’s new automated fare collection system in the Victoria Regional Transit System. Riders will benefit from account-based ticketing and contactless payment options , ushering in a new era of convenience for riders. “We are thrilled to introduce Umo to the residents of Victoria and soon to the other systems within BC Transit” BC Transit riders will have the option to pay using the Umo Mobility smartphone app or reloadable Umo smartcard. Umo offers riders the convenience of adding stored value or purchasing passes to be used for fare payment when boarding. The Umo app serves as an “all-in-one” travel companion, helping riders plan their trips with integrated map navigation and real-time information. Cash users can easily load value to their Umo account through retail partners, or with credit or debit cards directly in the Umo app or the Umo web portal. “I am so excited to take this giant leap towards achieving our goal of making BC Transit your best transportation solution,” said Christy Ridout , vice president of strategy and public affairs at BC Transit. “We listened to our riders’ requests for a new payment method, and we are delighted to introduce the innovative Umo solution.” A key feature of Umo in BC Transit is the enablement of daily fare capping. After the second trip of the day paid with Umo, riders will travel free for the remainder of the day, reflecting the BC Transit DayPASS benefit. This simplifies their fare calculation and ensures they get the best value for their travel. Other Umo benefits include the enablement of specialty fare programs for students and corporate partners who can administer and deliver benefit codes to riders for participation in programs such as UPASS and ProPASS. This eliminates the need for in-person processes, enhancing operational efficiencies and saving riders significant time. “We are thrilled to introduce Umo to the residents of Victoria and soon to the other systems within BC Transit,” said Bonnie Crawford , VP and GM, CTS. “With a rich 20-year history in British Columbia through our partnership with TransLink in Vancouver, Cubic is excited to enable equitable and simplified access to public transit with Umo to British Columbians. With Umo, riders throughout the province will be able to more seamlessly connect to their jobs, schools, and the people and places they love most.” Cubic is also proud to operate a new, dedicated Umo customer service call center to support BC Transit riders as they adopt the new payment system. Following the debut of Umo in the Victoria Regional Transit System, this groundbreaking payment system will subsequently be implemented in 29 additional transit systems under BC Transit’s purview, including: Cowichan Valley Regional, Regional District of Nanaimo, Comox Valley Regional, Campbell River, Port Alberni Regional, Powell River Regional, Sunshine Coast, Squamish, Pemberton Valley, Central Fraser Valley, Chilliwack, Agassiz-Harrison, Hope Regional, Kamloops, Vernon Regional, Kelowna Regional, South Okanagan-Similkameen, West Kootenay, Cranbrook, Prince George, Quesnel, Fort St. John, Dawson Creek, Kitimat, Terrace Regional, Skeena Regional, Prince Rupert, Port Edward and Whistler.

Cubic Transportation Systems Acquisitions

1 Acquisition

Cubic Transportation Systems acquired 1 company. Their latest acquisition was NextBus on January 28, 2013.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/28/2013

$99M

Acquired

2

Date

1/28/2013

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

2

Cubic Transportation Systems Partners & Customers

10 Partners and customers

Cubic Transportation Systems has 10 strategic partners and customers. Cubic Transportation Systems recently partnered with McMaster University on March 3, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

3/24/2023

Partner

Canada

Cubic, McMaster University Team for Next-Gen Transportation Tech

A partnership between Cubic Transportation Systems and McMaster University in Hamilton , Ontario , is exploring new technologies around traffic prediction and a heightened understanding of vulnerable road users .

1

2/1/2022

Partner

Canada

Academic and Industry Powerhouses Combine Forces to Rethink the Future of Inclusive Mobility

`` The partnership between Cubic Transportation Systems and McMaster University emphasizes the necessity of incorporating EDI into transportation system development , '' said Arig al Shaibah , associate vice-president , equity and inclusion , McMaster University .

2

7/31/2017

Client

United States

Cubic Receives Contract Extension for Transit Fare Payment System in Bay Area Region

According to the company , Cubic Transportation Systems 's contract extension will support Clipper through the transition to the next-generation system .

1

7/6/2017

Licensee

United Kingdom

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10

2/22/2016

Client

United States

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10

Date

3/24/2023

2/1/2022

7/31/2017

7/6/2017

2/22/2016

Type

Partner

Partner

Client

Licensee

Client

Business Partner

Country

Canada

Canada

United States

United Kingdom

United States

News Snippet

Cubic, McMaster University Team for Next-Gen Transportation Tech

A partnership between Cubic Transportation Systems and McMaster University in Hamilton , Ontario , is exploring new technologies around traffic prediction and a heightened understanding of vulnerable road users .

Academic and Industry Powerhouses Combine Forces to Rethink the Future of Inclusive Mobility

`` The partnership between Cubic Transportation Systems and McMaster University emphasizes the necessity of incorporating EDI into transportation system development , '' said Arig al Shaibah , associate vice-president , equity and inclusion , McMaster University .

Cubic Receives Contract Extension for Transit Fare Payment System in Bay Area Region

According to the company , Cubic Transportation Systems 's contract extension will support Clipper through the transition to the next-generation system .

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Sources

1

2

1

10

10

Cubic Transportation Systems Team

1 Team Member

Cubic Transportation Systems has 1 team member, including current President, Jeffrey Lowinger.

Name

Work History

Title

Status

Jeffrey Lowinger

President

Current

Name

Jeffrey Lowinger

Work History

Title

President

Status

Current

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