Revolutionizing Airport Operations: Roboxi Secures €13 Million Investment for Automation and Robotics Transformation

Roboxi Raises €13 Million in New Equity Through Share Issue

Roboxi, a startup based in Stavanger, specializing in airport airside automation and autonomy, has successfully completed a share issue, raising approximately €13 million in new equity.

The company revealed that the share issue attracted significant interest from both new and existing shareholders, with primary investors hailing from the Rogaland region of Norway. The funds raised are earmarked to fuel the company’s growth, support strategic initiatives, and bolster its financial position.

CEO of Roboxi, Magnus O. Finnesand, expressed his excitement, stating, “The completion of this share issue marks a significant milestone for the company. The capital infusion will enable us to expand operations, fulfill existing commitments, enhance our market presence, and continue investing in innovation and growth.”

Established in 2018, Roboxi offers versatile autonomous solutions designed to revolutionize inspection and maintenance activities on airport runways, taxiways, and aprons. Its offerings include runway and taxiway inspections, real-time safety monitoring, and Foreign Object Debris (FOD) detection and removal systems, all aimed at enhancing safety, regulatory compliance, and operational efficiency for airports.

Utilizing AI technology, Roboxi’s robotic systems automatically identify and eliminate FOD from airport airside areas, while also incorporating cameras and software to detect faulty runway lights. The company’s innovative solutions facilitate FOD detection, debris clearance, and integration with existing airport systems, streamlining operational workflows.

In addition, Roboxi employs camera technology and custom software to monitor runway surfaces continuously, simultaneously utilizing autonomous technology to detect and deter birds. The company has achieved key milestones, including developing multifunctional technology solutions for airport infrastructure in collaboration with Avinor and Norwegian Civil Aviation Authorities.

Roboxi has introduced groundbreaking initiatives such as the world’s first airport automatic AI-driven FOD detection and collection system, a light inspection system for identifying airport lighting defects, and a high-speed 3D laser technology for surface inspections. It has also implemented wildlife and bird detection and deterrence systems.

The company has cultivated strong relationships with airports globally, demonstrated operational excellence, and initiated projects with renowned airports like Schiphol, Frankfurt, Firenze, Dallas, and Stavanger. Knut Molaug, Chairperson of the Board and a key investor, emphasized the robust support from investors, affirming Roboxi’s vision, technology, and market momentum.

With the new capital infusion, Roboxi is poised to scale operations, deliver enhanced value to customers, and drive continued innovation in the airport airside automation sector.