NATS Invests in Air Traffic Surveillance Tech Firm Aireon

U.K.-based air traffic control services provider NATS has made a $69 million equity investment in Aireon in order to help speed up the development of technologies for aviation surveillance.

NATS said Wednesday its decision to buy a 10 percent equity stake in Aireon comes as the latter prepares to offer a space-based service – Aireon – designed to support air traffic surveillance operations through a constellation of 66 Iridium CommunicationsNEXT satellites.

Aireon will help users track the location of aircraft equipped with the Automatic Dependent Surveillance-Broadcast technology across oceans and remote areas.

“Investing in Aireon is the best way for us to shape the future of the service in a way that benefits our customers in the U.K. and elsewhere, and to demonstrate NATS’ commitment to playing a leading role in the development of the next generation of global air traffic technology,” said NATS CEO Martin Rolfe.

NATS said it has started to consult its clients about the potential use of its satellite technology offering in the North Atlantic with plans to begin operational trials in 2019.

Check Also

John Cooney

Former ITA Official John Cooney to Lead SkyWater’s Government Engagements

John Cooney, a former official at the Department of Commerce's International Trade Administration, has joined semiconductor foundry services provider SkyWater Technology as director of U.S. government relations.

Ellen Lord

DoD Launches Pilot Programs for Software Procurement; Ellen Lord Quoted

The Department of Defense (DoD) has made continued efforts to transform software procurement across the military,  FedScoop reported Thursday. Ellen Lord, undersecretary of defense for acquisition and sustainment and four-time Wash100 Award recipient, has developed pilot programs to test the acquisition.

Analyst1

Analyst1 to Help DoD’s Innovation Org Develop Cyber Threat Intell Platform

Analyst1 has been selected help the Defense Innovation Unit transform cybersecurity operations through the development of an enterprise-grade technology that will work to automatically process threat intelligence data.