Aireon

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

2011

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

Date	Approach	Development
November 2019	Contract	Aireon 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 2019	Contract	Aireon 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 2019	Agreement	Aireon 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 2018	Agreement	Aireon 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 2018	Agreement	Aireon signed an MoU with Leonardo SpA to provide space-based ADS-B data services.
July 2018	Collaboration	Aireon 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 2018	Contract	Aireon signed a contract with Bangkok Airways to provide the GlobalBeacon solution. The contract enabled Bangkok Airways to improve passenger safety.
January 2018	Agreement	Aireon 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 2017	Agreement	Aireon signed an MoU with Turkey’s General Directorate of State Airports Authority (DHMI) to deploy space-based ADS-B in Turkish airspace.
February 2017	Agreement	Aireon signed an agreement with Airways New Zealand to conduct a trial for ADS-B services in the South Pacific airspace.
January 2017	Agreement	Aireon signed an agreement with Isavia to deploy ADS-B services throughout the Reykjavik Oceanic Control Area in Iceland.
November 2016	Agreement	Aireon 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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