Aurrigo lands record £6.28m contract for 25 autonomous transit vehicles with Ultra Global

Aurrigo International PLC ( (GB:AURR) ) has shared an update.

Aurrigo International plc, a UK-based specialist in autonomy software, autonomous vehicles and mobile robotics, focuses on airport ground support equipment that automates the movement of cargo, baggage and people in safety- and security-critical environments. With operations in Coventry, Singapore, Cincinnati and Ottawa, the group builds on decades of automotive design expertise to enhance airside logistics and address labour, cost and sustainability pressures.

Aurrigo has secured its largest contract to date, a £6.28m deal with Ultra Global Limited to design and manufacture 25 autonomous guided vehicles for airport and passenger transit applications in the UK. The programme will modernise Ultra Global’s existing platform, is expected to deliver £1.53m revenue in FY26 and £4.75m in FY27, supports scaling Aurrigo’s manufacturing in the West Midlands, and constitutes a related party transaction that the board has deemed fair and reasonable for shareholders.

Under the contract, Aurrigo will upgrade power systems, electronics, software, sensing and mechanical components to create a fleet of bespoke vehicles aimed at transporting small groups of passengers. The first batch will be used in customer demonstrations to drive commercial engagement in UK and international markets, positioning both companies to pursue further orders and expand deployment opportunities in the emerging autonomous transit sector.

The most recent analyst rating on (GB:AURR) stock is a Hold with a £93.00 price target. To see the full list of analyst forecasts on Aurrigo International PLC stock, see the GB:AURR Stock Forecast page.

Spark’s Take on GB:AURR Stock

According to Spark, TipRanks’ AI Analyst, GB:AURR is a Neutral.

The score is primarily held back by weak financial performance—persistent losses and negative free cash flow—despite strong revenue growth and a low-debt balance sheet. Technicals are supportive with a clear uptrend, but extremely overbought RSI elevates near-term reversal risk. Valuation remains pressured due to negative earnings and no provided dividend yield.

To see Spark’s full report on GB:AURR stock, click here.

More about Aurrigo International PLC

Aurrigo International plc is a UK-based developer and producer of autonomy software, fully autonomous vehicles and mobile robotics platforms, with a primary focus on autonomous airport ground support equipment that moves cargo, baggage and passengers between terminals and aircraft. Headquartered in Coventry with offices in Singapore, Cincinnati and Ottawa, the company leverages a 33-year heritage in advanced automotive systems to improve safety, efficiency and sustainability in harsh, safety-critical environments.

Average Trading Volume: 24,628

Technical Sentiment Signal: Strong Buy

Current Market Cap: £78.2M

Learn more about AURR stock on TipRanks’ Stock Analysis page.