Terms of the transaction, which closed on March 11,were not disclosed. This press release features multimedia.
Using a SaaS platform and an single integrated global marketplace leading 24x7 flight support service, RocketRoute has the ability to dynamically route flights in real-time using current air traffic conditions, which is a core competency required to operate efficiently in European air space.
On the acquisition of RocketRoute, Aquila said, "We had an immediate connection with Uwe and Justin single integrated global marketplace hold a high regard for what they have built. As part of our global mobility platform, adding a leader in flight planning is a key cornerstone and expands our product capabilities globally and across all end markets.
We will leverage APG and RocketRoute's core offerings to create a seamlessly-integrated weight and balance, runway analysis, flight-planning and services platform for the global aviation market.
Bringing APG and RocketRoute together demonstrates our commitment to continuous innovation and furthers both companies' visions by creating a global market leader. RocketRoute Chief Commercial Officer, Coelho added, "I have been very impressed by the speed and accuracy of the AFV Single integrated global marketplace team in getting this deal done and their expertise and vision for the space.
Relative to the other parties we interacted with during our sale process, AFV Partners was the most logical and complimentary fit for RocketRoute. We have now been liberated to execute on our long-term vision.
Together with AFV Partners, single integrated global marketplace look forward to bringing deeper integration of our industry leading aircraft performance services to RocketRoute in the markets they serve, bringing together the best of both teams to positively impact our global customers.
RocketRoute solutions span the private, business and commercial aviation end markets and are the backbone to many air rescue operations in Europe.
APG operates a software as a service business model focused on the corporate and business aviation segment of the aerospace industry.
APG has recently integrated its market leading aircraft performance software solutions, including runway analysis and weight bekanntschaften unterfranken balance services, with flight planning services into a new software offering and mobile app, iPreFlight Genesis.
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