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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.

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.

Bahamas Ministry of Finance and Customs Department awards TTEK contract for border modernization

Bahamas Ministry of Finance and Customs Department awards TTEK contract for border modernization

Barbados, December 20, 2019 - TTEK Inc., a trailblazer in advanced technology and services for the optimization of customs processing and border modernization, announced today a contract with the Bahamas Ministry of Finance and Customs Department (Bahamas Customs) to support their efforts to modernize border processes and increase revenue collection. TTEK will provide advanced data analytics using artificial intelligence and expert consulting services to assist Bahamas Customs with their objective to increase revenue collection and improve the efficiencies of their border processes…

Carlos Santos Joins TTEK Advisory Board

Carlos Santos Joins TTEK Advisory Board

Ex-IBM Senior Leader joins TTEK in advisory role to help deliver industry leading Customs and Border Processing Technologies


Barbados, August 6, 2019 - TTEK Inc., a trailblazer in advanced technology for the optimization of customs and border processing, announced today that Mr. Carlos Santos has agreed to join our team as a member of TTEK’s Advisory Board.

With over 30+ years experience at IBM Canada, Mr. Santos led the National Public Safety and Security practice, which included the Canada Border Services Agency (CBSA). 

3 YEARS IN A ROW! TTEK NAMED AS ONE OF CIO REVIEW MAGAZINE'S 20 MOST PROMISING ENTERPRISE RISK MANAGEMENT SOLUTION PROVIDERS - 2019

3 YEARS IN A ROW! TTEK NAMED AS ONE OF CIO REVIEW MAGAZINE'S 20 MOST PROMISING ENTERPRISE RISK MANAGEMENT SOLUTION PROVIDERS - 2019

Over the last three years, the innovative and disruptive start-up TTEK has built and delivered next-generation technologies for Customs and border management. Utilizing modern risk management principles, TTEK’s analytical solutions have established a unique ability to identify potential threats and flag highrisk people, goods, and conveyances for closer scrutiny or inspection; all the while simultaneously promoting the movement of pre-approved and/or low-risk trade…

TTEK and Altana Trade Announce Alliance Agreement to Deliver Integrated Technology Solutions for Trade Risk Management

TTEK and Altana Trade Announce Alliance Agreement to Deliver Integrated Technology Solutions for Trade Risk Management

PRESS RELEASE PR Newswire

May. 27, 2019, 06:00 AM

NEW YORK, May 27, 2019 /PRNewswire-PRWeb/ -- TTEK Inc. and Altana Trade today jointly announced their Alliance Agreement to deliver integrated technology solutions in trade risk management. As part of the alliance, TTEK will promote Altana Trade's products for data fusion and artificial intelligence-based risk management to government agencies worldwide. Altana will similarly incorporate TTEK's risk analytics and risk management workflow software in its solutions for financial services providers, multinationals, and logistics providers.

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 Appoints Scott Murray as Chief Operating Officer / Chief Financial Officer

TTEK Appoints Scott Murray as Chief Operating Officer / Chief Financial Officer

Senior business leader with diverse corporate experience hired in new role to further drive company innovation and expansion…..

TTEK Awarded 2MM USD Contract to Implement the Risk Management System for the Single Electronic Window in Trinidad and Tobago

TTEK Awarded 2MM USD Contract to Implement the Risk Management System for the Single Electronic Window in Trinidad and Tobago

TTEK formally awarded a 2 Million (USD) contract to develop and implement an integrated Risk Management System for the Single Electronic Window in Trinidad and Tobago…

TTEK slotted to join the WCO IT Conference in Lima, Peru June 6-8, 2018

TTEK slotted to join the WCO IT Conference in Lima, Peru June 6-8, 2018

Will you be attending the World Customs Organization's Information Technology Conference in Lima, Peru this year?  Come visit TTEK at booth 19.  We'll discuss and demonstrate disruptive technologies and solutions for optimizing border controls. 

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2 years in a row! TTEK named as one of CIO Review Magazine's 20 Most Promising Enterprise Risk Management Solution Providers - 2018

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2 years in a row! TTEK named as one of CIO Review Magazine's 20 Most Promising Enterprise Risk Management Solution Providers - 2018

TTEK named again as one of CIO Review Magazine's 20 Most Promising Risk Management Providers, -now for 2018.  This is an annual list of 20 Companies at the forefront of providing top Enterprise Risk management solutions and impacting the marketplace.

TTEK Expands Offering to Provide World Class Customs Modernization Experts

TTEK Expands Offering to Provide World Class Customs Modernization Experts

TTEK continues to secure trusted working relationships with an unmatched team of international Customs and border modernization experts available to lead change, drive transformation, solve problems, and even the most complex needs of our clients. A list of highly recommended world class expert associates with significant and extensive Customs and border modernization expertise is available here!

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TTEK named as one of CIO Review Magazine's 20 Most Promising Enterprise Risk Management Solution Providers - 2017

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TTEK named as one of CIO Review Magazine's 20 Most Promising Enterprise Risk Management Solution Providers - 2017

We are pleased to be recognized as one of CIO Review Magazine's 20 Most Promising Risk Management Providers 2017.  Click here to go directly to the article.

EXCERPT:  Enterprise Risk Management is taking the center stage in how companies run their business. Advancements in cognitive technologies, artificial intelligence and data analytics are helping organizations go beyond traditional ways of managing risks by using smart machines to detect, predict and prevent risks. Today, since the entire nature of the risk discipline and their consequences are evolving, organizations should look beyond regulation and cost-reduction and view risk management as a strategic element of their value chain.  Please read on or download a PDF copy of the CIO Review article, or read the full magazine online here.