Singer Capital Markets acted as Nominated Adviser, Sole Broker and Sole Bookrunner to Aurrigo on their £20 million AIM IPO; raising £8 million from the admission of 41,666,667 Ordinary Shares, at a Placing Price of 48 pence per share. Since floating, the group’s share price has increased 152% from 52.5p to 132.5p and its market cap has grown from £20 million to £55.21 million. Aurrigo has also continued to deliver on its key IPO objectives.

In October 2022, the group signed an agreement with Changi Airport Group for the next phase of development of the Auto-Dolly, its innovative baggage transportation solution for airports, and this was shortly followed by a multi-year partnering agreement with Changi in February 2023.

In 2023, Singer Capital Markets also completed a successful Secondary Placing in December 2023, raising a further £4.1 million for the company. In 2023, Aurrigo also won the prestigious “Best Newcomer” award at the 2023 AIM Awards for their successful IPO on AIM.

Aurrigo is a leading international provider of transport technology solutions. The company designs, engineers, manufactures and supplies OEM products and autonomous vehicles to the automotive and transport industries. It is highly regarded as a specialist in autonomous and semi-autonomous technology solutions for the aviation, ground handling and cargo industries.