Prague residents and visitors have the unique opportunity to take a step into the future of public transportation at the Výstaviště Praha Exhibition Grounds from this weekend. Through October 5, self-driving autonomous minibuses can be taken for a ride, for free, through the spacious premises of the exhibition grounds in Prague 7.
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
null
Coventry-based transport technology company Aurrigo joined the AIM market in September 2022. Unlike most of its peers, it was not a thrusting young company, but one that was almost 30 years old, with a history of continuous innovation and growth, supported by intelligent use of various sources of funding.
The Aurrigo story starts in 1993 when David Keene, with extensive experience in developing electronics and software for the automotive industry, spotted a gap in the market for a technology-led engineering company that could design, develop and manufacture innovative products and solutions for both premium vehicle OEMs and the global Tier 1 suppliers that provide parts and services to them. Aurrigo grew to be a trusted supplier to companies such as Jaguar Land Rover, Aston Martin and Bentley, but the real turning point came in 2016 when it started developing automated vehicles.
[/vc_column_text][/vc_column][/vc_row]
