Aurrigo International (AURR)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

 41.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 105.00
  • 52 Week Low: 41.00
  • Currency: UK Pounds
  • Shares Issued: 57.94m
  • Volume: 0
  • Market Cap: £23.75m
  • RiskGrade: 117

Aurrigo autonomous vehicles to be trialled at Stuttgart Airport

By Josh White

Date: Friday 24 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Transport technology company Aurrigo International announced an agreement with the Digital Testbed Cargo Project Consortium (DTAC) on Friday to conduct autonomous cargo transport trials at Stuttgart Airport.
The AIM-traded firm said the trials would involve the deployment of Aurrigo's Auto-DollyTug, an autonomous vehicle designed for cargo handling.

Scheduled for deployment in March, the Auto-DollyTug would undergo testing at Stuttgart Airport for an initial four weeks.

That collaborative project was financially supported by the German Federal Ministry of Digital and Transport (BMDV) and was set to be executed under the academic leadership of the Fraunhofer Institute for Material Flow and Logistics (IML) and the Frankfurt University of Applied Science as part of the broader Digital Testbed Air Cargo initiative.

"We are absolutely delighted to win this first deployment in Germany and this is an endorsement of our strategy to concentrate on aviation, a sector where there is a clear demand for autonomous, electric vehicles to reduce emissions, improve efficiency and allow for continued growth in passenger volumes, despite a shortage of security cleared ground staff," said chief executive officer David Keene.

"We look forward to exploring additional opportunities to work with Stuttgart and DTAC following the initial trial period."

At 1023 GMT, shares in Aurrigo International were up 0.49% at 103p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AURR Market Data

Currency UK Pounds
Share Price 41.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 105.00
52 Week Low 41.00
Volume 0
Shares Issued 57.94m
Market Cap £23.75m
RiskGrade 117

AURR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
29.75% below the market average29.75% below the market average29.75% below the market average29.75% below the market average29.75% below the market average
51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average
Price Trend
87.25% below the market average87.25% below the market average87.25% below the market average87.25% below the market average87.25% below the market average
78.38% below the sector average78.38% below the sector average78.38% below the sector average78.38% below the sector average78.38% below the sector average
Income Not Available
Growth
17.48% above the market average17.48% above the market average17.48% above the market average17.48% above the market average17.48% above the market average
12.50% above the sector average12.50% above the sector average12.50% above the sector average12.50% above the sector average12.50% above the sector average

AURR Dividends

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