Skip to content

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

null

Case study: Aurrigo – the 30 year old start-up

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]

Aurrigo acquires GB Wiring Systems Limited.

Aurrigo are pleased to announce it has acquired GB Wiring Systems Limited, specialist providers of electrical wiring harnesses and assemblies for the Automotive industry.

GB Wiring, based in Leicestershire, UK, has been operating for 11 years as a complete wiring solution supplier of electrical wiring systems for the Automotive and Industrial Sectors; whilst there is no cross over of customer base, there is strong synergy between the existing products and skills of both Aurrigo and GB Wiring. 

Graham Keene, Director of Corporate Development said:

“This Acquisition brings us enhanced capabilities and capacity in our core Automotive area of wiring harnesses and electrical components. In addition, we will continue to leverage these capabilities which we have used so successfully in developing our Autonomous and Aviation divisions.  Given our successful track record of acquiring businesses, we are confident of smoothly integrating GB Wiring to ensure continuity of service for its established customer base and are delighted to be welcoming GB Wiring’s skilled team into the Group.

Mark Robson and Mike Francks, GB Wiring, commented:

“Aurrigo is a long-established leader in automotive electronics and we are pleased to be joining the team. We are confident that our capabilities and expertise can enhance Aurrigo’s existing offering and will ensure that there is a smooth transition for both our staff and our customers”.

ON AUTOPILOT

We’re demonstrating the time to accept automation on the ground is coming sooner than we think”

David Keene, CEO Aurrigo

Back To Top