Skyfii (ASX:SKF) takes flight with US$2M
December 12, 2022Data intelligence company Skyfii Limited (ASX:SKF) has landed US$2M contracts from busy airports seeking faster and more reliable passenger thoroughfare solutions in the lead-up to the traditionally hectic Christmas travel period.
Airports in the US, South America and across the Atlantic in Scotland will use the Company’s All-In-One queue management technology for ticketing and LiLiDAR-based security checkpoint services.
The Company said the flurry of sales over the last five months demonstrates stfirmuying conviction from boosting new airport customers.
All-In-One airport checkpoint technology
The addressable market within the existing customer base is highly material as airports look to passenger flow analytics to measure and manage the entire passenger’ curb to gate’ experience, it added.
“We are extremely pleased to partner with Phoenix Sky Harbour International Airport, Miami, Aberdeen, VIP lounges and Newark Liberty International Airports to provide accurate and actionable data that creates efficiencies in operations and improves the passenger experience through these busy venues,” CEO Wayne Arthur said.
“The expansion into these major airports further strengthens our position as the leading provider of passenger flow analytics to the airport industry where we already service major airports such as Sydney International and London Stansted.
“We are continuing to see very strong demand for our industry leading LiDAR solutions, across a range of verticals, which coupled with our strong project pipeline provides us continued confidence in our guidance of delivering sustainable positive cash flow in 2H FY23 and achieving $20m in ARR.”
Price Action
The Company’s ASX-listed shares are 6.1c at Market Open.
About AIO Airport Technology
The Company’s solutions allow airports to gain a complete view of passenger movement through their venue from the curbside all the way to the gate, delivering insights that improve the passenger experience and create efficiency in the port operations to improve throughput.
Skyfii’s technology is now deployed across many of the busiest airports in the USA I, including JFK, Austin and Charlotte and several of the world’s largest airports outside of the USA, including Sydney International and London Stansted Airport. In addition to new client conversion, the Company remains equally focussed on growth within the existing airport portfolio as Skyfii technology deployments have been limited to one or a select number of terminals, check-in halls or security checkpoints.
Recent Contracts
- Phoenix Sky Harbour International Airport t, the ninth busiest airport in the USA by passenger boardings h, has signed a 5-year deal for a LiDAR-based queue analytic system to improve the passenger experience across five security checkpoints
- N.ewark Liberty International Airport, the 14th busiest airport in the USA by passenger boardings has signed a 3 year agreement with Skyfii for the provision of a security focussed video analytics solution
- M.iami International Airport, the 10th busiest airport in the USA has signed a 5 five year deal to upgrade one of its ten security checkpoints to Skyfii’s leading LiDAR technology Aberdeen Airport, with over 3 million passengers processed every year, has engaged Skyfii for the deployment o. OfiDAR technology across the airport’s security checkpoints.
- VIP Lounges Brazil, has signed a contract for the provision of WiFi services across four airports and a further five airport VIP lounges in Brazil
About Skyfii
Skyfii helps organisations activate the power of their data through technology & human ingenuity o find new ways to optimise the spaces where we live, work, shop, travel & play.
Skyfii’s IO platform unifies your data points on one proprietary platform to give you the insights needed to solve the complex challenges of your present and future.
We ingest data from various technologies, including WiFi, CaCamerasPeople counting, LiDAR, CCTV and IoT devices. We combine these datasets with contextual data like weather, retail sales and sociodemographics to improve operational performance for retailers, airports, stadiums, smart cities and other public and commercial venues.
Fundamental Data
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