CourierLeaving.jpg

Automating Logistics

42,000 new aircraft provide an opportunity to ship faster and save costs

Over the next 20 years, Airbus and Boeing, predict the Aerospace industry to grow by 4-4.9% annually. Projections of the global fleet of passenger and cargo aircraft demonstrate growth from just over 23,000 to over 48,000 units by the end of 2037. This growth will be supplemented by an addition of up to 42,000 new aircraft to replace older models and increase the global fleet of passenger and cargo aircraft. With the anticipation of new builds, the aerospace industry is evaluated to increase to a $7.9 trillion market while providing businesses with an opportunity to transport their goods faster, safer and at a lower cost than previously possible.

Airspace Technologies: faster, cheaper, better time-sensitive deliveries

Technological and operational innovation that is resetting customer expectations

A logistics company that can move shipments twice as fast at half the cost is on to something big. When those shipments are mission critical -- even life-saving -- that level of service is truly transformational. That’s the case with Airspace Technologies, a logistics technology company redefining customer expectations in the time-sensitive delivery market.

Airspace Technologies Raises $20 Million Series B Led by Scale Venture Partners

Airspace to execute aggressive expansion plan after 240% revenue growth over past 12 months

CARLSBAD, Calif., November 15, 2018 — Airspace Technologies, the company that is digitizing air cargo and time-critical logistics, announced today that it has raised $20 million in Series B funding to expand globally and accelerate its next-generation delivery network and enterprise software platform. The round was led by Scale Venture Partners with participation from existing investors Qualcomm Ventures, Defy.vc, Cross Culture Ventures and Schematic Ventures. As part of the round, Stacey Bishop, partner at Scale Venture Partners, is joining the Board of Directors.

An Airfreight Upstart Takes Shipping Digital

Early-stage firm Defy leads Airspace Technologies’ $8 million Series A

Top 4 Ways To Innovate Your Medical Delivery Solutions

The life sciences industry relies heavily on time-critical logistics. Shipments containing blood, tissue, or organs can often mean life or death for the recipient. It is imperative for hospitals, clinics, and specimen banks to effectively plan, route, and track these shipments. Shipping medical specimen can be done internally, which can be costly, or through a Third Party Logistics provider. It is imperative for the hospitals or clinics to utilize adaptive technology for added visibility and ease of use.

Search

Subscribe to Blog