Insider Brief
- Roboxi raised €13 million in new equity financing to scale operations, support contracted projects and expand development of its AI-powered airport automation systems.
- Roboxi develops autonomous runway systems that can simultaneously detect debris, monitor runway conditions, identify faulty lights and deter birds while reducing the need for manual inspections.
- The technology has been deployed or tested with airports including Schiphol, Frankfurt, Florence, Dallas and Stavanger, alongside systems for AI-driven debris detection, lighting inspection and runway monitoring.
Roboxi has raised €13 million in new equity financing as the Norwegian airport automation company looks to scale operations, support contracted projects and expand development of its AI-driven systems for airport operations. The Stavanger-based company said in a LinkedIn post that the financing drew support from both new and existing investors, primarily from Norway’s Rogaland region.
“The successful completion of this share issue marks an important milestone for the company,” CEO Magnus O. Finnesand said in the announcement. “The capital raised will enable us to scale operations, deliver on already committed and expected contracts, strengthen our market position and continue investing in innovation and growth opportunities.”
Roboxi develops autonomous runway systems designed to handle multiple airport inspection and maintenance tasks at once, including detecting debris, monitoring runway conditions, identifying faulty lights and deterring birds. The company said its modular robotic platform is intended to reduce manual inspections while continuously collecting operational data to improve airport efficiency.
Roboxi pointed out several major achievements since its launch in 2018 that include:
- Development and regulatory approval of autonomous systems for airport runways, taxiways and aprons in collaboration with Avinor and Norwegian aviation authorities.
- Development and deployment of what the company describes as the first AI-based system designed to automatically detect and collect foreign object debris from airport surfaces.
- Development of airport lighting inspection systems capable of identifying defective lights and measuring light performance.
- Surface inspection technology using high-speed 3D laser systems.
- Wildlife and bird detection and deterrence systems.
- Partnerships and operational projects with airports including Schiphol, Frankfurt, Florence, Dallas and Stavanger.
Roboxi said the funding will help support delivery of existing projects while expanding deployments of its airport automation technology globally.
“The strong support from both new and existing investors validates Roboxi’s vision, technology, and the strong momentum we are experiencing in the market,” Knut Molaug, chairman of the board and one of the main investors, added. “With this capital, we are positioned to scale operations and continue delivering substantial value to our customers.”
