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 David Keene, Chief Executive Officer Ian Grubb, Chief Financial Officer
| via Instinctif Partners
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| Singer Capital Markets (Nominated Adviser and Sole Broker) Phil Davies, Rick Thompson, George Tzimas | +44 (0)20 7496 3000
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| Instinctif Partners (Financial Communications) Rozi Morris, Tim McCall, Isadora Pegler
| +44 (0)20 7457 2020 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
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