AION-Tech and Theoremus AD Sign MoU for Urban Mobility in India
Filing Summary
AION-Tech Solutions Ltd. has signed a Memorandum of Understanding with Theoremus AD to advance multimodal urban mobility in India. The partnership will focus on integrating public transport, electric vehicle fleets, and real-time data using AI-led orchestration. Initial pilots will be launched in Telangana and Karnataka, aiming to improve connectivity and service reliability. The collaboration will involve AION-Tech’s subsidiaries, ETO Motors and ROQIT, for execution. The initiative aligns with India’s Smart Cities and sustainable mobility goals, with potential expansion across additional cities and states.
AION-Tech Solutions Ltd. has entered into a Memorandum of Understanding with Theoremus AD to enhance multimodal urban mobility in India. The agreement focuses on integrating public transport systems, electric vehicle fleets, and real-time data through AI-led orchestration. Initial pilot projects will be conducted in Telangana and Karnataka, targeting improved connectivity and service reliability.
The filing does not disclose specific financial terms or payment structures related to the Memorandum of Understanding between AION-Tech Solutions Ltd. and Theoremus AD. The focus remains on operational collaboration and technological integration rather than financial transactions.
The scope of the partnership includes deploying a city- and state-scale multimodal transport orchestration platform. This platform will integrate metro rail, bus networks, electric vehicle fleets, parking infrastructure, and urban mobility data into a unified operational framework. The platform will utilize AI and data-driven intelligence for demand forecasting, electric vehicle utilization optimization, congestion management, and real-time operational visibility for transport authorities and operators. AION-Tech’s subsidiaries, ETO Motors and ROQIT, will play key roles in deploying electric vehicle fleets and delivering digital platforms, respectively.
The partnership aligns with India’s Smart Cities and sustainable mobility initiatives. It aims to create replicable models for urban mobility solutions that can be scaled across additional cities and states. Initial engagement is expected with transport corporations and metro rail agencies in Telangana and Karnataka, including TSRTC, HMDA, HMRL, BMTC, BMRCL, and DULT.
The pilot phase will involve integrating electric vehicle fleets with real-time data and analytics to optimize routing, charging operations, and service planning. Performance will be measured through key indicators such as ridership growth, service coverage, fleet utilization, and carbon reduction. The collaboration will adhere to robust data privacy, cybersecurity, and Indian data residency frameworks to enable secure multi-operator data sharing.
Theoremus AD is a technology- and AI-driven company focused on improving urban mobility and digital waste management. The company develops scalable solutions to address environmental, economic, and social challenges in cities. Theoremus emphasizes collaboration and adaptability to deliver sustainable urban services.
AION-Tech Solutions Ltd., formerly known as Goldstone Technologies Limited, is a specialist in full-stack data analytics and sustainable solution development. Established in 1994, the company focuses on enhancing data planning and zero-emission platform development solutions. AION-Tech aims to drive impactful business outcomes and achieve long-term, data-driven success.