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AD Ports Group’s Maqta Gateway Acquires TTEK ...

Abu Dhabi, UAE – 24 April 2023: Maqta Gateway, AD Ports Group’s (ADX: ADPORTS) digital arm, today announced the acquisition of TTEK Inc, a developer of border control solutions and customs systems, to reinforce its market position as a leading digital trade and holistic Single Window solution provider.

The total purchase consideration for the acquisition (Enterprise Value) of 100% ownership amounts to USD26.7 million with an upfront payment of USD17.1 million. The acquisition will extend Maqta Gateway’s existing digital trade solutions portfolio by incorporating border optimisation management solutions, which utilise disruptive technologies such as artificial intelligence, machine learning and advanced risk analytics.

AD Ports Group’s Maqta Gateway Acquires TTEK Inc.

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AD Ports Group’s Maqta Gateway Acquires TTEK Inc.

AD Ports Group’s Maqta Gateway Acquires TTEK Inc.

Abu Dhabi, UAE – 24 April 2023: Maqta Gateway, AD Ports Group’s (ADX: ADPORTS) digital arm, today announced the acquisition of TTEK Inc, a developer of border control solutions and customs systems, to reinforce its market position as a leading digital trade and holistic Single Window solution provider.

The total purchase consideration for the acquisition (Enterprise Value) of 100% ownership amounts to USD26.7 million with an upfront payment of USD17.1 million. The acquisition will extend Maqta Gateway’s existing digital trade solutions portfolio by incorporating border optimisation management solutions, which utilise disruptive technologies such as artificial intelligence, machine learning and advanced risk analytics.

TTEK awarded 2MM contract to assist in the development of a Customs System by DUTECH on behalf of Customs World

TTEK awarded 2MM contract to assist in the development of a Customs System by DUTECH on behalf of Customs World

TTEK formally awarded a 2 Million (USD) contract to develop and implement a leading edge Customs System with DUTECH on behalf of Customs World.

TTEK contributing to the InterAmerican Development Bank's Workshop on Trade Facilitation and Customs Modernization

TTEK contributing to the InterAmerican Development Bank's Workshop on Trade Facilitation and Customs Modernization

We were in Washington DC May 24th to attend this important IDB workshop. The plan was to exchange and share knowledge on regional and extra-regional experiences, successes, and challenges facing border integration operations.  

There was a healthy discussion to identify dimensions and context that can contribute towards an overall program for the development and implementation of integrated border operations, trade facilitation, and customs Modernization.  TTEK makes a nice fit.  We're very happy to be taking part and adding value.

TTEK assists Haiti Customs with Risk Management Workshop

TTEK assists Haiti Customs with Risk Management Workshop

Jan 30-Feb 3 TTEK is in Haiti to assist in delivering a workshop on customs risk management.  Assisting USAID and Nathan Associates, TTEK is helping to add value by promoting risk management principles for border management, and systematic approaches for targeting and selectivity of high risk commercial shipments.

See below image of the Day 1 session being led by Nathan Asociates expert Steve Letourneau.  Great job Steve! 

TTEK Founder to be one of 80 Global Advisors for Connect NS Export Cafe

TTEK Founder to be one of 80 Global Advisors for Connect NS Export Cafe

TTEK Founder, Chris Thibedeau is one of 80 Global Advisors announced today from around the world for the upcoming ConnectNS 2016 Export Café. Here is a link to the media release and video.

The program, unveiled today at the annual Nova Scotia Export Achievement Awards, will offer Nova Scotia exporters exclusive access to Global Advisors...

TTEK added to World Customs Organization's Technology Network

TTEK added to World Customs Organization's Technology Network

We are pleased to announce that TTEK is now included as part of the WCO's Technology Network (WCO TeN).  So what is the WCO TeN?

The WCO TeN is the only communication platform for Customs and other border agencies, technology companies, international organizations and relevant stakeholders to exchange...