An autonomous vehicle manufacturer is planning to float on the AIM market of the London Stock Exchange as it looks to accelerate growth across its aviation division.
Aurrigo International, which was formed 29 years ago by brothers David and Graham Keene, has initially raised £8 million to fund expansion of the firm which will see further development and rollout of its ‘Auto-Dolly' product which carries cargo and luggage at airports around the world.
The new investment will be used by the Coventry-based company to scale up future production and build on successful trials at Changi International Airport in Singapore and Gerald R Ford International Airport in Michigan. More than 50 jobs are set to be created in the UK and at its sales and technical offices in North America and the Far East.
