Init takes 67.74% stake in Norway’s Applied Autonomy to expand into autonomous fleet management

• Init bought a 67.74% stake in Norway’s Applied Autonomy on Oct. 1, 2026, expanding into autonomous fleet management software.
• Applied Autonomy’s xFlow platform supervises autonomous vehicles, supports remote operations, integrates multiple manufacturers, monitors fleets in real time.
• The deal adds xFlow to Init’s MOBILE-ITCS control system, targeting mixed autonomous and conventional fleets in public transport.
• Init also targets airports, logistics, local networks, positioning for demand tied to driver shortages and broader deployment of autonomous vehicles.
• Applied Autonomy’s technology is used on Europe’s only regular-route autonomous bus service operating without a safety driver, in Stavanger.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Init - Innovation In Traffic Systems SE published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2410242_en) on October 05, 2026, and is solely responsible for the information contained therein.