Aireon Embarks on a New Era of Aviation Data Products with Global Infrastructure Partners' Support
Aireon, recognized globally for its pioneering work in space-based automatic dependent surveillance-broadcast (ADS-B) data for the aviation sector, has announced its plans to augment its data product and service offerings. This ambitious expansion is backed by a fresh credit facility from Global Infrastructure Partners (GIP), a leading infrastructure investor.
Aireon's Vision for Advanced Data Analytics
Having solidified its reputation as a premier provider of precise, dependable, and global ADS-B data, Aireon is now poised to harness its dominant market position to spearhead innovations in data analytics and products tailored for the global airspace. This new credit facility will enable Aireon to channel investments into cutting-edge data analytic capabilities and visualization tools. The overarching goal is to amplify safety, efficiency, and environmental stewardship for its clientele.
Don Thoma, Aireon's CEO, shared his perspective on this development, "Over the past 11 years, Aireon has evolved into an indispensable component of the aviation infrastructure. With this new credit facility, we are amplifying our commitment to devising novel aviation data products that cater to the industry's evolving needs."
GIP's Role in Aireon's Growth Trajectory
GIP's involvement is not merely financial. Their vast experience in managing and investing in intricate assets across diverse sectors, including aviation, makes them an invaluable ally for Aireon. Wesley Altman, Principal at GIP Credit, highlighted the alignment of GIP's investment strategy with Aireon's objectives, emphasizing GIP's dedication to investing in pivotal infrastructure assets that exhibit robust cash flow attributes.
Rich Nyren, Aireon's Chief Financial Officer, echoed this sentiment, "GIP's proficiency in the transportation and digital infrastructure domains, combined with their unwavering commitment to excellence, positions them as the ideal partner for Aireon's next phase of growth."Advertising
Investing in Talent and Technology
Apart from product development, Aireon is also gearing up to expand its team. The company is actively scouting for talent in sales, business development, and engineering domains. Those interested in exploring career opportunities with Aireon can visit their official website.
About Global Infrastructure Partners (GIP)
GIP stands out as a premier infrastructure investor, managing assets worth approximately $100 billion. With a focus on energy, transport, digital infrastructure, and water and waste management sectors, GIP has consistently demonstrated its commitment to fostering sustainable growth and positive community impact. More details are available on their official website.Advertising
About Aireon LLC
Aireon has revolutionized aviation surveillance by deploying a global space-based system for ADS-B equipped aircraft. In collaboration with leading ANSPs and Iridium Communications, Aireon offers a real-time, space-based air traffic surveillance system accessible to all aviation stakeholders. For more insights, visit their official website.