Skyfii (ASX:SKF) - CEO, Wayne Arthur
CEO, Wayne Arthur
Source: Wayne Arthur / LinkedIn
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  • Data intelligence company Skyfii (SKF) signs $1 million worth of contracts in the airport sector
  • Contracts have been signed with Charlotte Douglas International Airport, Las Vegas McCarren International Airport and Adelaide Airport
  • The contracts will use Skyfii’s technology to manage passenger flow, monitor queue lengths and passenger wait times, and reduce wait times
  • Skyfii ends the day 10.5 per cent in the green with shares trading at 10.5 cents

Data intelligence company Skyfii (SKF) has signed $1 million worth of contracts in the airport sector.

The first contract is with North Carolina’s Charlotte Douglas International Airport, which is the sixth busiest airport in the United States by passenger boardings.

Under the three-year agreement, Skyfii will provide a queue analytics system to improve passenger experience at the transportation security administration (TSA) checkpoints.

The second contract is with Las Vegas McCarran International Airport, which is the seventh busiest airport in the US by passenger boardings.

Under a three-year period, the TSA has partnered with CrowdVision, which Skyfii is aiming to acquire, to anonymously monitor the real-time movement of passengers in queues at the airport using CrowdVision’s technology.

This technology will collect data and allow the TSA to better manage passenger flow, monitor queue lengths and passenger wait times.

The third and final deal has been inked with Adelaide Airport which has signed a five-year agreement to deploy CrowdVision’s passenger queue monitoring and crowd analytics solution.

Initially, this solution will be deployed at airport check-in and the central security screening precinct.

This will allow the airport to reduce wait times and improve passenger check-in and security screening.

“We are extremely pleased to partner with Charlotte Douglas International Airport, McCarran International Airport and Adelaide Airport to provide accurate, actionable data that creates efficiencies in airport operations and passenger journeys,” CEO Wayne Arthur said.

“With flight numbers and passenger movements recovering in the USA and Europe to pre-COVID levels, and the reopening of international travel in Australia, we expect to see continued growth in the airport vertical.”

Skyfii has ended the day 10.5 per cent in the green with shares trading at 10.5 cents in a $42.42 million market cap.

SKF by the numbers
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