Elenium Automation launches a USD 200m Covid recovery program, ‘VYGR’ to support aviation industry

• ByStartupStory     |    July 26, 2021

Elenium Automation, a global leader in providing passenger processing and security technology solutions for airports and airlines globally has launched a new USD 200 million program to help airports and airlines upgrade their technology to make travel seamless, touchless, and ready for a post-Covid recovery.
The new program named ‘VYGR’ will allow airports and airlines to access the latest self-service technology that moves passengers faster and safer, without capital investment.
The purpose of the USD 200 million program is to eliminate the financial risk of deploying such technology during an uncertain time with a consumption-based model, paying only on a per-use basis.
Elenium products and solutions make the airport experience effortless. Using biometrics, telepresence and touchless technologies, Elenium enables the passenger to walk into the terminal, drop off their bag, and continue to the lounge or boarding gate without having to touch a boarding pass, bag tag or screen.
The benefits of automating the passenger journey are substantial. An airport can halve the space used for check-in, allocating more space for valuable retail. Travelers spend less time in queues and operational costs can be lowered.

Justin Giddings, CEO of Avalon Airport said: “It’s [Voyager] all about reducing congestion in that check-in area. It has really freed up a lot of space. It’s probably doubled our capacity in the check-in area just by installing these products.”
The VYGR consumption model has been designed to protect and accelerate the aviation industry. Not only does it remove financial risk during a tumultuous period, it gives money back if the cost of the technology is recovered earlier. This means airports and airlines have both downside and upside protection. Airports and airlines will have more flexibility to deploy its constrained capital on other investments.
Aaron Hornlimann, CEO of Elenium said, “The aviation industry can use VYGR to implement new technologies without worrying about the upfront cost and managing the risk of operational disruptions from pandemics to bad weather. They only pay for it when they use it.”
“We need to upgrade our airports now so the industry recovery can be supported with efficient, touchless and confidence-building automation. VYGR removes a hurdle by dealing with capital constraints,” he added.

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