Aurrigo International shares rise after partnership announcement with International Airlines Group


On Tuesday, Aurrigo International, a leading international provider of transport technology, announced a partnership with IAG for the deployment and demonstration of Aurrigo’s autonomous aviation transportation solutions within the UK. 

Aurrigo International PLC shares were up 14% to 169p at the time of writing.

- Advertisement -

David Keene, the CEO of Aurrigo, commented on the partnership:

“This Partnership with one of the world’s largest airline groups is a great endorsement of the capabilities of our technology and the potential of automation to improve efficiencies and solve the challenges facing modern aviation”

In the statement released on Tuesday, Aurrigo states that after the simulation and evaluation phases, the company’s Board expects to deploy the following autonomous service at UK’s airports: Auto-DollyTug, which is a zero-emission vehicle used for baggage and cargo transportation, Auto-Cargo freight vehicle, and Auto-Sim aviation operations simulation software, which is a 3D tool used to visualise and optimize airports-based operations. 

“IAG is dedicated to supporting innovation which can transform aviation efficiencies and improve ground operations. Automation at airports is a key focus for us and having assessed our options we are pleased to be working with Aurrigo,” said Jorge Saco, Chief Information, Procurement, Services, and Innovation Officer at IAG.

- Advertisement -

“We first trialed the prototype Auto-Dolly in 2019 and after revisiting it post-Covid, we were impressed by how far their vehicle capabilities have progressed. We look forward to this technology helping to build our leadership position in aviation automation”.

Aurrigo’s new partnership is expected to follow a similar phasing plan to Aurrigo’s ongoing partnership with Singapore-based Changi Airport Group (CAG).

Latest News

Subscribe to the UK Investor Magazine email newsletter

Register for our free email newsletter and receive the latest investment news, podcasts, event information and offers.

More Articles Like This