- AVTECH Business Update
- The Board of AVTECH Sweden AB (publ) communicates the following business update:
Under the new contract AVTECH has an exclusive access to the jointly developed Access Protocol (API), which allows the most detailed and accurate forecasts to be commercially available, through AVTECH’s products, for the Aviation market.
“We are extremely pleased to continue our already established cooperation with Met Office,” says AVTECH CEO Christer Fehrling. “AVTECH has performed an extensive study of Aviation forecast accuracy, involving more than 50 000 flights, and have established that Met Office’s 10KM grid resolution forecast, when comparing to the aviation standard of 140KM grids, reduces wind and temperature errors by more than 50%. The 10KM forecast simply represents the most realistic and accurate forecasts available in the market. Thanks to our exclusive API access directly with Met Office’s 10KM weather model, AVTECH and Met Office can now continue to bring unique solutions to the aviation community, giving our customers a possibility to improve efficiency and safety,” he continues.
Emma Connett, Transport Business Manager at the Met Office, said, “We are delighted to continue and develop our work with AVTECH. We look forward to working together to continually improve and bring further developments to Aviation weather forecasting. As we see the Aviation industry seek further efficiency gains and operational improvements, we see an increased need for our high resolution weather data to be delivered in a timely manner, available direct to the cockpit".
AVTECH is currently utilizing Met Office’s 10KM Resolution forecast in their Aventus products NowCast™ and SIGMA, which is primarily focusing on airline use.
Besides the current offerings, additional services are under development which in the future will broaden the use of 10KM resolution forecasts further.
For more information, please contact
Sören Skog, Marketing Director, +46 (0) 8 544 104 80
Christer Fehrling, Managing Director, +46 (0) 8 544 104 80
About AVTECH Sweden AB www.avtech.aero
AVTECH develops products and services for digital Air Traffic Management (ATM). Its customers include the global aviation industry; e.g. airlines, airports, aviation authorities, technology companies and airline manufacturers. By using AVTECH’s products and services, each individual flight as well as the entire airline operation can be optimized in terms of cost, noise and emission, efficiency, punctuality and safety. AVTECH Sweden AB is listed on NASDAQ OMX First North and has appointed Redeye AB, tel: +46 8 545 013 30, as Certified Adviser.