Aurrigo International PLC (GB:AURR) has released an update.
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Aurrigo International PLC has inked a significant deal worth SGD $4.2m (~£2.5m) to deploy a fleet of its innovative automated baggage handling vehicles, the Auto-DollyTug, at Singapore Changi Airport. The upcoming Phase 2b trial will test the vehicles’ fleet communication and scheduling through Aurrigo’s Auto-Connect platform, with the aim to enhance widebody aircraft turnaround. Despite a delay in the project’s timeline which pushes some revenue recognition into FY25, the company remains confident in both its Aviation and Automotive Divisions’ financial projections.
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