GLOBAL INFRASTRUCTURE PARTNERS WAS A NATURAL FIT TO HELP AIREON USHER IN THIS NEW ERA OF GROWTH AND INNOVATION .
INDUSTRY WATCH
GLOBAL INFRASTRUCTURE PARTNERS WAS A NATURAL FIT TO HELP AIREON USHER IN THIS NEW ERA OF GROWTH AND INNOVATION .
Aireon , the leader in space-based automatic dependent surveillancebroadcast ( ADS-B ) data for the global aviation industry , is set to expand its data product and services portfolio – bolstered by a new credit facility from Global Infrastructure Partners ( GIP ).
Having already established itself as the best-in-class provider of accurate , reliable and global ADS-B data , Aireon is leveraging its market-leading position to Drive innovation in data analytics and products for the global airspace .
Under this new credit facility , Aireon will invest in advanced data analytic capabilities and visualization tools , aimed at Driving increases in safety , efficiency and environmental responsibility for its customers .
About Aireon LLC
Aireon has deployed a space-based air traffic surveillance system for Automatic Dependent Surveillance-Broadcast ( ADS-B ) equipped aircraft throughout the entire globe .
Aireon is harnessing next-generation aviation surveillance technologies that were formerly ground-based and , for the first time ever , is extending their reach globally to significantly improve efficiency , enhance safety , reduce emissions and provide cost savings benefits to all stakeholders .
“ This new credit facility marks an important milestone for Aireon as we take the next steps as a company . In the 11 years since Aireon was created , we have become a critical part of the aviation infrastructure . And
Space-based ADS-B surveillance covers oceanic , polar and remote regions and augments existing ground-based systems that are limited to terrestrial airspace .
In partnership with leading ANSPs from around the world , like NAV CANADA , AirNav Ireland , ENAV , NATS UK and NAVIAIR , as well as Iridium Communications , Aireon is providing a global , real-time , space-based air traffic surveillance system , available to all aviation stakeholders .
now , we are increasing our investment in the business to create new value-added aviation data products for the industry ,” said Don Thoma , Aireon CEO .
“ This credit facility with GIP replaces another credit facility that was put in place before the Aireon service went operational . Since that time , Aireon has grown and evolved and so have our financial needs . This new
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