Axilion Smart Mobility

Company Overview

Snapshot

Founded in August 2009 by Dr. Giora and Ilan Weizman, Axilion Smart Mobility operates with 11–50 employees. The company has secured $24M in total capital across 3 funding rounds from 13 investors. In December 2020, Axilion became public on TASE through a reverse merger with APIO AFRICA.

Business overview

Axilion Smart Mobility develops, applies, and implements AI-based software systems (SaaS) to optimize city-wide mobility. Its core technology focuses on optimizing traffic light systems by comprehensively analyzing traffic light networks, road users, and network demand. These solutions aim to reduce air pollution, prioritize public transit, and enhance road-user safety, serving urban mobility markets and municipalities within the Automotive & Mobility Technologies sector.

Strategic signal

Axilion Smart Mobility is expanding its market reach through strategic partnerships. In December 2024, the company partnered with 360 Network Solutions to market and distribute its X Way software across Georgia and Florida. This collaboration is a significant growth signal, indicating a focused effort to scale its AI-driven traffic optimization solutions in key US regions, which could lead to increased adoption and revenue.

Company Intelligence Q&A

What was a significant recent partnership for Axilion Smart Mobility?

In December 2024, Axilion Smart Mobility announced a strategic partnership with 360 Network Solutions, LLC to expand the distribution of its X Way signal optimization software across Georgia and Florida.

What was the outcome of Axilion's participation in the ITS Texas/TexITE Joint Conference?

In November 2024, Axilion showcased its X Way platform at the ITS Texas/TexITE Joint Conference, demonstrating its AI and digital twin technology for traffic optimization and receiving positive feedback on its Las Vegas traffic signal timing optimization project.

What was the outcome of Axilion's collaboration with the Contra Costa Transportation Authority?

In November 2023, Axilion partnered with the Contra Costa Transportation Authority (CCTA) to optimize traffic flow along the Railroad Avenue corridor in Pittsburg, leveraging its digital twin technology to evaluate and simulate traffic management solutions.

When did Axilion Smart Mobility launch its X Way technology in the USA?

Axilion Smart Mobility launched its X Way technology in the USA in May 2023, as part of the ITS America conference, aiming to reduce traffic congestion and vehicle emissions while improving safety.

What was a key milestone for Axilion Smart Mobility in December 2020?

In December 2020, Axilion Smart Mobility became publicly traded on the Tel Aviv Stock Exchange (TASE) through a reverse merger with APIO AFRICA.