Openvia pioneers AI technology in the US for efficient traffic management and enhanced road safety

Richmond, VA, USA, London, UK, June 13 2023

‍Openvia, the technology and innovation platform of the Globalvia Group, world leading infrastructure management a mobility services company, has announced the successful deployment of Lanternn by Valerann™ (LbV) on the Pocahontas Parkway in Virginia, USA. This state-of-the-art AI traffic monitoring system will help increase traffic safety and efficiency on the Vietnam Veterans Memorial Bridge, which is prone to high winds and fog, and manage the motorway congestion by monitoring the arterials leading to Pocahontas Parkway.

"Pocahontas Parkway is an important road in the Virginia area, and we are proud to deploy innovative technologies such as Lanternn by Valerann™ to enhance its safety and efficiency,"

-said Fernando Vallejo, Openvia CEO.

"Our commitment to innovation in the transportation sector is unwavering, and this deployment is a testament to our dedication to improving the driving experience for motorists."

Pocahontas Parkway is a 10-mile toll road located southeast of Virginia's state capital, Richmond, and is a crucial route that connects two major arteries - Interstate 95 and State Route150 - as well as the Richmond International Airport, the busiest air hub in the State. It is the only immediate crossing of the James River, making it a vital solution for saving travel time and distance.

The Lanternn by Valerann™ (LbV) platform ingests and processes data from multiple sources, including Waze, Google Maps, concessionaire units, cameras, and vehicle GPS, among others. The platform's advanced analytics and AI capabilities enable accurate detection and identification of road incidents, allowing the Concessionaire to assign resources more accurately and efficiently.

The deployment of LbV with Pocahontas Parkway roadside infrastructure includes the installation of 25mobile and 20 fixed cameras and the integration with existing ITS in the Concession. This platform will enhance the Concessionaire's situational awareness, providing real-time traffic information beyond the cameras' vision coverage. It will lead to improved safety, traffic flow, and reduced response times in the event of an incident.

"Valerann is thrilled to collaborate with Openvia to deploy our advanced traffic monitoring system on the Pocahontas Parkway,"

said Michael Vardi, CBO and co-founder of Valerann.

"Our cutting-edge technology will enable the Concessionaire to efficiently manage traffic congestion, improve safety on this vital road network and inform users of relevant information during the trip. We are excited to see the positive impact it will have on the community." 

The deployment of Lanternn by Valerann™ on the Pocahontas Parkway is part of Openvia’s NeoRoads program for Connected Cars and it reinforces Openvia's position as an innovator in the transportation sector. By leveraging innovative technology solutions like LbV, Openvia is committed to improving the efficiency, safety, and sustainability of road infrastructure for motorists across the country as well as offering a new experience to drivers.

About Valerann

A global leader in intelligent road traffic management solutions (ITS), Valerann is redefining the concept of modern mobility through improving roadway operations efficiency and increasing roadway safety. Our industry leading cloud platform Lanternn by Valerann™ provides road traffic authorities with insights for real-time road traffic situation and accidents risk prediction improving their situational awareness and empowering them to take accurate, actionable and timely decision.

By using information from multiple disparate sources and leveraging sophisticated proprietary AI and computer vision algorithms, we extract value from Big Data delivering a clear and holistic overview of the entire road situation in real time.

Established in 2016, Valerann has offices in the UK, the US Israel and Spain serving customers world-wide.

For more information, visit: www.valerann.com, or contact press@valerann.com.

About Openvia

Openvia, Globalvia Group's innovation and technology platform, is committed to disruptive solutions to transform the world of mobility with the aim of anticipating the future to improve people's quality of life. With multidisciplinary teams in the United States, Spain and Portugal, Openvia develops digital products and services that add value to four business lines: Intelligent Roads, Intelligent Operations, Mobility Services and Advanced Air Mobility.

Globalvia is a world leader in the management of transport infrastructure concessions present in 11 countries, created in 2007 and managed by three international pension funds. Its more than28,000 employees manage 21 highways, 7 railways, high-speed rail and the Go-Ahead Group - the largest bus and rail operator in the United Kingdom.

For more information, visit: https://www.openvia.io,  https://www.globalvia.com, or visit the official LinkedIn channels: Globalvia and Openvia.