TIDMAURR

RNS Number : 4367Y

Aurrigo International PLC

03 January 2024

03 January 2024

Aurrigo International plc

Project agreement with Amsterdam Airport Schiphol

Project will deploy and demonstrate Aurrigo's autonomous technology and vehicles at Amsterdam Airport Schiphol

Aurrigo International plc (AIM: AURR, the "Company" or "Aurrigo"), a leading international provider of transport technology solutions, has signed a formal project agreement ('the Agreement') with Schiphol Nederland B.V ("SNBV"), for the deployment and demonstration of Aurrigo's autonomous aviation solutions at Amsterdam Airport Schiphol, The Netherlands.

The Agreement is expected to follow a similar phasing to Aurrigo's other ongoing projects with an evaluation and simulation phase followed by a demonstration phase and operational deployment throughout 2024. It will involve the Auto-DollyTug(R) baggage vehicle and Aurrigo's Auto-Sim(R) aviation operations simulation software.

The deployment of Aurrigo's vehicles and technology under the programme at Schiphol Airport will be valued at Euro 0.58 million. In addition, the companies will work together to explore further opportunities to integrate Aurrigo's autonomous solutions into airport operations.

David Keene, CEO of Aurrigo, said:

"This project with one of the world's largest airports is a great endorsement of the capabilities of our technology and the potential of automation to improve efficiencies and solve the challenges facing modern aviation. We now have customers and projects on three continents for our autonomous baggage and cargo handling vehicles and simulation software."

Enquiries:

 
Aurrigo International plc 
 David Keene, Chief Executive Officer 
 Ian Grubb, Chief Financial Officer              +44 (0)2476 635818 
Singer Capital Markets (Nominated Adviser 
 and Sole Broker) 
 Phil Davies, Rick Thompson, Alaina Wong, 
 Jalini Kalaravy                                 +44 (0)20 7496 3000 
Instinctif Partners (Financial Communications)   +44 (0)20 7457 2020 
 Guy Scarborough, 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

About Amsterdam Airport Schiphol

Amsterdam Airport Schiphol welcomed 52.5 million passengers in 2022 and 1.44 million tonnes of cargo was transported through Schiphol. With 313 direct destinations around the world, Schiphol offers one of the best networks of destinations and frequencies in Europe. This makes Schiphol one of Europe's most important main ports and one of the two European hubs of Air France-KLM and the SkyTeam alliance. Schiphol Airport is an important economic driver for the Netherlands and the region.

Amsterdam Airport Schiphol is part of Royal Schiphol Group. Royal Schiphol Group is an airport company that operates airports in the Netherlands, has international activities and participations in foreign airports. Royal Schiphol Group's mission is connecting your world.

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