The prior investors in Quantum Aviation Solutions announce their full focus on the GSE Telematics business selling the Quantum Baggage Management Solution.
Frankfurt, Germany, September 27, 2024. The shareholders of Quantum Aviation Solutions Inc. a software company that offered two products for the aviation industry, Baggage Management Solutions and Telematics Solutions, announce the sale of the baggage management software keeping the telematics product. John Collins, the majority investor says:
“The telematics market is a very exciting fast-growing market with enormous opportunities. We decided to refocus the business exclusively on advancing our market presence with telematics solutions”.
In 2016 Quantum Aviation Solutions, Inc. acquired the German based company proveo GmbH. proveo is well known as a pioneer, being one of the first companies offering a telematics solution that was specialized in the aviation industry.
During the recent years and as part of the Quantum Aviation Solutions the former proveo telematics products have significantly expanded their functionality. Many customers around the world have implemented the proveo technology, product and services are highly recognized in the market.
Going forward the name Quantum Aviation Solutions will remain with the BRS business while the telematics business will change the name back to proveo. proveo and Quantum Aviation Solution will continue to work very closely together delivering solutions to common customers.
“We are very excited about the growth and the increasing functional requirements in the telematics market which we can address with our highly configurable product.”
says Ursula Hess the Managing Director of the German business who is responsible for the telematics product suite.
“We are continuously expanding our product offerings to provide critical features to our aviation customers and also to our customers in other industries who have adopted our advanced solutions.”
The company will continue its business uninterrupted under the name proveo. It has announced that it will introduce new releases in the upcoming weeks which will include – among other things – specialty functionality for electrical vehicles, advanced support for vehicle pooling and state of the art data analysis using latest AI tools.
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