close
close

Huge jobs boost for Coventry maker of world-first driverless vehicles

Huge jobs boost for Coventry maker of world-first driverless vehicles

A Coventry firm at the forefront of driverless vehicle technology is set to take its global workforce beyond 100 for the first time. Aurrigo, based at Bilton Industrial Estate in Humber Avenue, enjoyed a hugely profitable 2023 with revenues reaching £5.3m for the year thanks in part to contracts it has signed to roll out its driverless products around the world.

As a result, the company behind the driverless Auto-Pod and a new autonomous luggage/cargo dolly for aviation is looking to create around 25 roles to add to its current workforce of 78. Central to Aurrigo’s growth has been its transitioning from private ownership to public, or Initial Public Offering (IPO).

The firm’s lucrative partnership with Changi Airport in Singapore is also said to be a driving force behind its expansion. CEO David Keene said: “We delivered an exciting year of progress in 2022 with the IPO, fundraising and partnership agreement with Changi Airport Group laying the foundations for future growth.

READ MORE: Coventry bakery offering Harry Styles-inspired afternoon tea as excitement grows for sold-out concert

“Since joining AIM, we have scaled our team, developed new vehicles and are now rapidly building a leadership position in autonomous aviation solutions. The momentum of 2022 has continued into 2023.

“We are now demonstrating and proving our autonomous aviation products on the ground, which we believe will translate into new long-term partnerships.” The company, founded by David and his brother Graham 30 years ago, successfully raised £8 million in the IPO last September.

It will be using that financial backing to roll-out its industry-leading transport technology in the UK, Europe, North America and Asia. More than 30 jobs have already been created since the listing, with a fresh recruitment drive just beginning to take shape at its Coventry Advanced Engineering Centre and international offices.

See also  Gregory makes his home advantage count in Handicap Open

See also  Essex's Kelton Poirier wins 800
  • May 21, 2023