REG - Aurrigo Int PLC - Innovate UK grant award for Auto-Shuttle project

Aurrigo InternationalAnnouncement

01/02/2023 07:00

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RNS Number : 4879O  Aurrigo International PLC  01 February 2023

1 February 2023

 

Aurrigo International plc

Innovate UK grant award for Auto-Shuttle project

Aurrigo International plc (AIM: AURR, the "Company" or "Aurrigo"), a leading
international provider of transport technology solutions announces that it has
been awarded a grant for approximately £0.7m through Innovate UK and the
Centre for Connected and Autonomous Vehicles' ("CCAV") Commercialising
Connected and Automated Mobility ("CAM") competition.

 

As part of the Sunderland Advanced Mobility Shuttle ("SAMS") project, Aurrigo
is being funded to provide three self-driving zero-emission Auto-Shuttles,
which will transport passengers between Sunderland Interchange, Sunderland
Royal Hospital and the University of Sunderland City Campus. The project will
research, build, trial and evaluate the deployment of a highly automated,
remotely supervised, zero-emission passenger mobility service within the City
of Sunderland.

Development work is expected to commence in March, with the aim of
demonstrating a sustainable commercial service during 2024.

The SAMS project has been awarded a combined £3m in grant funding, which has
been matched by industry contributions to bring total funding to £5.5m.
Aurrigo is partnering with Sunderland City Council, Busways Travel Services
Ltd, Angoka Ltd, Newcastle University, Swansea University, and BAI
Communications.

The UK Government is awarding £42m to seven projects through the Centre for
Connected and Autonomous Vehicles' Commercialising Connected and Automated
Mobility competition.

 

Prof. David Keene, CEO of Aurrigo, commented:

 

"This grant enables us to build three brand new, bespoke Auto-Shuttles for the
SAMS project. This programme will be a great opportunity to demonstrate the
capabilities of Auto-Shuttle and we are pleased to be partnering with
Sunderland City Council to prove the viability of a sustainable, automated
public transport service."

 

For further enquiries:

 Aurrigo International plc                                   via Instinctif Partners

 David Keene, Chief Executive Officer

 Ian Grubb, Chief Financial Officer

 Singer Capital Markets (Nominated Adviser and Sole Broker)  +44 (0)20 7496 3000

 Phil Davies, Rick Thompson, George Tzimas

 Instinctif Partners (Financial Communications)              +44 (0)20 7457 2020

 Rozi Morris, Tim McCall, Isadora Pegler                     aurrigo@instinctif.com

 

About Aurrigo

Aurrigo is a leading international provider of transport technology solutions.
Headquartered in Coventry, UK, it designs, engineers, manufactures and
supplies autonomous vehicles and OEM products to the automotive and transport
industries, particularly focusing on aviation. It is highly regarded as a
specialist in autonomous and semi-autonomous technology solutions for the
aviation, ground handling and cargo industries. Aurrigo has developed six
types of autonomous vehicle to date, which can be utilised to reduce costs,
resolve operational issues and tackle labour shortages, whilst also improving
sustainability. Aurrigo has three divisions, Automotive Technology, Autonomous
Technology and Aviation Technology. For more information, see www.aurrigo.com
(http://www.aurrigo.com)

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