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Aurrigo International marks its first anniversary on AIM by opening the market at the London Stock Exchange

 

Today, Aurrigo International plc, a leading international provider of transport technology solutions, celebrates the first anniversary of its listing on AIM with the Market Opening Ceremony.

Aurrigo successfully listed on AIM on 15 September 2022, raising £8m to support its expansion into the aviation sector. Its autonomous electric vehicles and industry-leading planning technology can help airports globally to automate the ground handling of baggage and cargo to reduce congestion linked to labour issues and system inefficiencies. The factors driving the demand for automation in aviation and beyond are global and long term, as the industry seeks to improve processes, tackle staffing constraints and reduce environmental impact. 

Founded 30 years ago and headquartered in Coventry, UK, Aurrigo has a long track record for designing, engineering and manufacturing OEM products as a tier 1 supplier for blue-chip vehicle makers including Aston Martin, Bentley, Jaguar, Land Rover, McLaren and Rolls Royce.

Since admission to AIM, Aurrigo has been busy delivering on its key IPO objectives. It has invested in the development of its Autonomous and Aviation divisions, scaling the team – particularly focusing on engineering and sales and marketing capabilities. It has also established full-time teams in North America and Singapore. 

In October 2022, Aurrigo signed an agreement with Changi Airport Group for the next phase of development of the Auto-Dolly, its innovative baggage transportation solution for airports. This was followed by a multi-year partnering agreement with Changi in February 2023. 

 

London Stock Exchange | London Stock Exchange

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