Aurrigo International Secures £5.25M to Advance Smart Airside Solutions
Aurrigo International plc, a leading provider of smart airside solutions, concluded a successful year with a £5.25 million share placing raise. The funding will be used to scale production of the company’s Auto-DollyTug® and expand its innovative ground support technologies.
Over the past twelve months, Aurrigo expanded its presence into multiple countries, launched a U.S. office, and secured a second-phase deal with Changi International. The capital injection will enable the company to deploy 22 Auto-DollyTug® units by 2025, accelerate commercial sales, and launch Auto-Cargo® in partnership with UPS. Additionally, Aurrigo will implement four live Auto-Sim® contracts at international airports, allowing clients to build digital twins of their operations for enhanced performance optimization.
“This is a fantastic raise to finish the year and gives us the perfect platform to roll out our iGSE (intelligent Ground Support Equipment) concept to the aviation world,” said David Keene, CEO of Aurrigo International. “We have early-stage engagement with 34 airports and 19 airlines, with eight customers now agreeing to use Auto-Sim®. The investment will ensure we can scale our production capabilities and teams to meet the growing demand for technology that we are now proving in the real world.”
Keene emphasized the company’s commitment to delivering tangible advancements in airside operations. “Unlike a lot of companies who just talk about the impact of their tech, we are actually delivering and will now need more engineering, software, manufacturing, and supply chain staff, not to mention an increase in the number of specialists in our deployment teams.”
Professor David Keene highlighted the importance of transitioning to intelligent Ground Support Equipment. “By adopting smart airside solutions, the industry can reduce turnaround times, improve reliability, and significantly lower its environmental footprint. These are all key priorities for aviation executives around the world,” he stated. “Today’s aviation landscape demands that we step up our game. As we move into a new era of airside operations, it is imperative that we harness advanced technologies to improve efficiency, safety, and sustainability.”
Aurrigo’s initiatives align with global sustainability goals, aiming to enhance operational performance and streamline airside activities through automation, data analytics, and eco-friendly practices. The company’s innovative solutions are set to transform baggage and cargo handling, contributing to safer, more efficient, and environmentally responsible airport operations.