Aireon is a company that provides global, space-based air traffic surveillance and data services for the aviation industry. It utilizes a network of ADS-B (Automatic Dependent Surveillance-Broadcast) receivers hosted on the Iridium satellite constellation to track aircraft worldwide. Aireon's primary customers include Air Navigation Service Providers (ANSPs) like NAV CANADA, NATS, ENAV, and airlines, offering improved safety, efficiency, and environmental benefits through optimized airspace management. Key partners include Iridium Communications, Airbus, Boeing and Cirium.
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Aireon raised $69,000,000 from NATS to begin making hosting payments to Iridium Communications.
NATS estimates that optimized flight paths and desired speeds enabled by Aireon can save $300 in fuel per flight and reduce carbon dioxide emissions by two tons per flight.
NATS will take a 10 percent equity stake in Aireon under the deal announced 2018-05-16.
Aireon planned an announcement on 2018-05-16 in cooperation with NATS regarding aircraft-tracking services.