Aerial & Maritime to offer global air traffic management and ship tracking services by 2021 addressing a $1bn market
Following positive market response, Aerial & Maritime Ltd. (“A&M”) intends to build a global nanosatellite constellation capable of providing air traffic management and ship tracking services by 2021. Importantly, the system will help the airline industry to be fully compliant with ICAO standards, providing real-time surveillance of all aircraft globally. The Company estimates a market potential of $1bn from multiple customer segments including air navigation service providers, airlines, data aggregators, ship owners among others.ICAO (International Civil Aviation Organization) has stated