REG - Aurrigo Int PLC - Partnership agreement with Changi Airport Group

Aurrigo InternationalAnnouncement

21/02/2023 07:00

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RNS Number : 5544Q  Aurrigo International PLC  21 February 2023

This announcement contains inside information for the purposes of UK Market
Abuse Regulation.

 

21 February 2023

 

Aurrigo International plc

Partnership agreement with Changi Airport Group

 

Aurrigo International plc (AIM: AURR, the "Company" or "Aurrigo"), a leading
international provider of transport technology solutions, has signed a formal
partnership agreement with Changi Airport Group (Singapore) Pte Ltd ("CAG")
for the continued joint development and testing of the Company's autonomous
vehicles, Auto-Dolly and Auto-DollyTug and its airport simulation software
platform Auto-Sim.

 

The multi-year partnership with CAG provides an opportunity for the further
development of Aurrigo's autonomous solutions at Changi Airport and
demonstrations to showcase the technology to other airports and
stakeholders.

 

This partnership follows on from the agreement with CAG announced on 28
October 2022, for the next phase of development of Aurrigo's Auto-Dolly. The
development and testing of Aurrigo's autonomous vehicles is partially funded
by the Civil Aviation Authority of Singapore (CAAS) through its Aviation
Development Fund (ADF). The ADF supports initiatives to improve productivity
in the Singapore aviation sector through the use of innovative solutions.

 

David Keene, CEO of Aurrigo, commented:

"We have worked closely with the team at Changi for several years and this
partnership cements our collaboration to bring the best automated solutions to
airlines and airports, enabling them to improve efficiency, safety and
sustainability."

 

Poh Li San, SVP of Terminal 5 Planning, Changi Airport Group, added:

"Similar to major airports throughout the world, recruiting enough ground
handling personnel and drivers to support our growth is a challenge. We have
been encouraged by Aurrigo's innovative autonomous technologies to help
address these issues, and we're excited to partner Aurrigo in joint
development and testing of these solutions."

 

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)

 

About Changi Airport Group

 

Changi Airport Group (Singapore) Pte Ltd (CAG) (www.changiairportgroup.com
(http://www.changiairportgroup.com) ) was formed on 16 June 2009 and the
corporatisation of Singapore Changi Airport (IATA: SIN, ICAO: WSSS) followed
on 1 July 2009. As the company managing Changi Airport, CAG undertakes key
functions focusing on airport operations and management, air hub development,
commercial activities and airport emergency services. CAG also manages Seletar
Airport (IATA: XSP, ICAO: WSSL) and through its subsidiary Changi Airports
International, invests in and manages foreign airports.

 

As one of Asia's most connected international aviation hubs, Changi Airport
links Singapore to over 120 cities globally, with over 80 airlines operating
more than 4,000 weekly flights. Jewel Changi Airport, a multi-dimensional
lifestyle destination, opened in April 2019, adding to Changi Airport's
shopping and dining offerings of over 550 F&B and retail outlets across
the airport. The world's most awarded airport, Changi has won 650 accolades
for its consistent and excellent airport staff service, passenger experience
and safety standards.

 

 

 

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