Aerospace

Aireon

Company Profile Analysis

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Aireon - Aerospace showcase

Year Founded & Workforce

2010-12-31

50 Employees

Industry

Aerospace

Services

A

Aireon Overview

Company Headquarters: McLean, Virginia, US

Founded: 2011

Workforce: ~50

Company Working: Aireon is a joint venture between Iridium Communications Inc., Nav Canada, ENAV SpA, NATS Limited, the Irish Aviation Authority, and Naviair. Aireon provides air traffic surveillance systems using a space-based ADS-B network that complies with stringent aviation regulations. The company’s technology resides on the NEXT constellation of satellites by Iridium Communications Inc., launched between January 2017 and January 2019. Aireon’s ADS-B solutions offer real-time aircraft tracking and air navigation in polar, oceanic, and remote regions. These solutions enable airlines to ease operations and experience enhanced efficiency, safety, and communication. Aireon strengthened its financial position and made significant progress in implementing new services after receiving an investment of USD 69 million from NATS Limited and closing a USD 200 million credit facility in 2018.

Strategy

Aireon is focused on developing its position in the ADS-B market by offering enhanced services. Additionally, it aims at gaining more customers by upgrading its services and collaborating with key players in the industry. Furthermore, the company offers space-based ADS-B services, which enables it to have an edge over competitors.

Company Snapshot

50

Employees

2010-12-31

Founded

McLean, Virginia, US

Headquarters

SWOT Analysis

Strengths

  • Strong presence in the market through tie-ups with prominent players such as Thales Group
  • Focus on developing technologically advanced solutions

Weaknesses

  • Limited presence in developing regions such as Asia-Pacific and the Middle East & Africa
  • Limited Service Offering

Opportunities

  • Expansion opportunities in emerging economies

Threats

  • Intense competition from other market players

Key Developments

DateApproachDevelopment
November 2019ContractAireon signed a contract with the Dutch Caribbean Air Navigation Service Provider (DC-ANSP) to provide space-based ADS-B surveillance service. The contract enabled the former to offer enhanced safety and efficiency to pilots.
July 2019ContractAireon signed a contract with the Airports Authority of India (AAI) to provide space-based ADS-B surveillance service in Mumbai, Chennai, and Kolkata’s oceanic airspaces. The contract enabled AAI to offer enhanced safety to pilots and passengers.
March 2019AgreementAireon signed a memorandum of agreement (MoA) with Thales Group to develop advanced air traffic surveillance technologies. The agreement enabled Aireon to strengthen its position in the ADS-B market.
November 2018AgreementAireon signed a memorandum of understanding (MoU) with Atech Negocios em Tecnologias S/A, a subsidiary of Embraer Group and a developer of ATC automation platforms, to provide ADS-B services.
September 2018AgreementAireon signed an MoU with Leonardo SpA to provide space-based ADS-B data services.
July 2018CollaborationAireon collaborated with Airbus SAS to launch AirSense, an advanced analytics solution based on ADS-B data. The collaboration enabled Aireon to offer enhanced safety to its airline customers and strengthen its position in the ADS-B market.
April 2018ContractAireon signed a contract with Bangkok Airways to provide the GlobalBeacon solution. The contract enabled Bangkok Airways to improve passenger safety.
January 2018AgreementAireon signed an agreement with the Agency for Aerial Navigation Safety in Africa and Madagascar (ASECNA) to deploy space-based ADS-B services in Western and Central Africa. The agreement enabled Aireon to strengthen its position in the African market.
September 2017AgreementAireon signed an MoU with Turkey’s General Directorate of State Airports Authority (DHMI) to deploy space-based ADS-B in Turkish airspace.
February 2017AgreementAireon signed an agreement with Airways New Zealand to conduct a trial for ADS-B services in the South Pacific airspace.
January 2017AgreementAireon signed an agreement with Isavia to deploy ADS-B services throughout the Reykjavik Oceanic Control Area in Iceland.
November 2016AgreementAireon signed an MoA with Deutsche Flugsicherung GmbH to evaluate the efficiency and safety of space-based ADS-B in the German airspace.

Product Offering

  • Aireon
    • ADS-B

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Aireon as part of our ongoing coverage of the Aerospace sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

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