Aurrigo International plc is to triple the size of its headquarters with a move to Power Park in Coventry.
The self-driving technology leader, which recently announced a £6 million contract with Ultra Global for 25 autonomous guided vehicles, said it would install a test track at the 130,615 square feet site.
It will serve as its UK hub for advanced engineering, autonomous vehicle development, high-volume manufacturing and ongoing automotive activities.
The London-listed business, which floated on London’s junior AIM market in 2022 and raised investment last year, specialises in autonomous vehicles designed to improve efficiency in airports.
The firm’s board said it views the establishment of the hub as a key step in building a scalable platform to support long-term growth.
The facility also complements the company’s recently announced international hub and licensing programme, which is designed to accelerate global commercialisation through local partnerships, funding and manufacturing support across Europe, the Middle East, South East Asia and the United States.
Once fully operational, and subject to customer demand, the facility is projected to be capable of manufacturing up to 500 autonomous vehicles per annum.
“This new UK Hub Facility marks an important milestone for our business and our unwavering commitment to the UK,” said Prof. David Keene MBE, CEO of Aurrigo International.
“It significantly enhances our manufacturing and engineering capability, provides the capacity to scale in line with demand, and underpins our ambition to build a sustainable, capital-efficient platform for long-term growth.
“Importantly, it also gives Aurrigo space for an on-site autonomous vehicle test track, supporting in-house validation, customer demonstrations, and accelerated development cycles.
“We are really pleased to have secured a new home in Coventry, just a few miles from our existing facility and, importantly, a place where we can create jobs for highly skilled people and the next generations of engineers and software specialists.”