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Business

Aurrigo reports 19% revenue growth

Zahra AwanBy Zahra AwanSeptember 25, 20262 Mins Read
Aurrigo reports 19% revenue growth as autonomous vehicle contracts expand.
Aurrigo CEO Prof. David Keene
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Aurrigo International has announced a 19% increase in group revenues, to US$5.56, for the first six months of 2026.

Operational highlights include a US$5.96m, three-year framework agreement to supply electrical systems for a next-generation UK supercar program, and a US$8.32m contract with Ultra Global to design and manufacture 25 autonomous guided vehicles.

The company’s recent contract with Ultra Global is the largest single order in Aurrigo’s 33-year history and has prompted the company’s move to a 12,134m2 facility at Green Power Park in Coventry, UK.

The new site is three times the size of Aurrigo’s previous factory and will serve as the company’s UK hub for advanced engineering, autonomous vehicle development, high-volume manufacturing and automotive activities.

Prof. David Keene MBE, CEO of Aurrigo International, commented, “The first half of 2026 has demonstrated the complementary strengths of our business.

“Automotive delivered a strong recovery and remained cash generative, while the £6.28m [US$8.32m] Ultra Global contract provides further validation of our developing autonomous aviation strategy. I was particularly pleased to secure our first defense contract – this could become a significant market for us. With our expanded manufacturing facility now operational, contracted programs progressing and a more mature autonomous pipeline, we enter the second half with confidence in our growth prospects.

“The group continues to make excellent progress across its contracted programs and wider autonomous pipeline, with several opportunities expected to reach key decisions around the end of 2026.”

“£1.43m [US$1.89m] government grant funding was awarded to us for the deployment of Auto-Shuttle vehicles in autonomous safety and inspection roles at UK airports, and that will drive other opportunities.”

“We have also started to see early-stage interest in applying our engineering capability to adjacent sectors beyond automotive and aviation. For instance, we have just signed our first defense contract for the supply of electrical systems for unmanned vehicles.”

In related news, Aurrigo International awarded £1.43m UK government funding to boost airport safety

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