An electro-pneumatic two-channel axle modulator (1) for utility vehicles has a first supply port (2) for connecting a first compressed air supply (3) and a second supply port (4) for connecting a second compressed air supply (5), a front axle channel port (6), a rear axle channel port (8), an electro-pneumatic front axle valve assembly (10) connected to the first supply port (2) for controlling a front axle brake pressure (pVA) at the front axle channel port (6), and an electro-pneumatic rear axle valve assembly (12) connected to the second supply port (4) for controlling a rear axle brake pressure (pHA) at the rear axle channel port (8). A first redundancy valve assembly (14) is connected to the second supply port (4) for controlling a redundant front axle brake pressure (pVAR) at the front axle channel port (6).