Airtificial applies water engineering development in Colombia. The Company has signed a new contract for one million euros with the Giratdot Master Plan Consortium, for the preparation of studies and design of the master plan for sewerage, in an execution period of 12 months. The project consists of updating the Sewer Master Plan and designing the new Wastewater Treatment Plant for a population of 348,000 inhabitants and an average treatment flow of 938 litres per second for the city of Girardot, in the Department of Cundinamarca, Colombia.
Our Councillor Ladislao Azcona opened, Thursday 30 May, the second day of the International Airtificial Week with the conference entitled “Business Communication, the secret tool” that has given in a packed auditorium of the Confederation of Entrepreneurs of Cadiz.
Airtificial translates its own artificial intelligence technology into good financial results. The Company has closed its first full operating quarter, after the ringing of the bell on November 26, in positive terms: in profits, with revenues of 21 million euros and an EBITDA of 0.4 million. It should be noted that half of the turnover comes from the Intelligent Robots business line, which has managed to enter 10.8 million in three months with the manufacture of collaborative robotics equipped with artificial vision for the automotive sector, specifically for car steering assembly lines. In addition, the order book, already signed, for the rest of 2019, exceeds 63 million which gives excellent visibility for the whole year. In addition, the Company has achieved a fast and solid positioning in artificial intelligence that allows it to operate in those sectors with greater growth potential.
Airtificial positions itself at the vanguard of the future mobility. The company, expert in artificial intelligence, attended one of the major events of the automotive sector, the Geneva Motor Show, where the Dutch company Personal Air and Land Vehicle (PAL-V) shew its flying car. Airtificial has signed a Letter of Intentions for the development of the studies on composites manufacturing engineering for the mentioned flying car.
Airtificial has signed a contract for 19.9 million euros with Hyperloop TT for manufacturing, once finished the analysis of the prototype installed in Toulouse and also manufactured by Airtificial, five kilometers of tube through which the capsule of Hyperloop will circulate. With this agreement, four agreements have been signed between both strategic partners for the manufacture of two capsules, two models of capsules and two tubes.
She turned, picked up the bell rope with its metal clamps and moved it briskly, making it ring loudly. Aibell, one of our intelligent robots (who normally works in an assembly line of airplane parts in an Airbus factory) had the privilege of accompanying our president and founder, Rafael Contreras, at the bell ringing of the new Company at the Madrid Stock Exchange last Monday. The image was shocking. On the one hand, the palace of the Stock Exchange of Madrid, a historic Madrid building with 140 years of tradition. On the other hand, a collaborative robots with cameras for eyes and metal arms. It was the first time that a robot rings the bell in the history of the Madrid Stock Exchange. Thus, making a practical demonstration of its technological capacity, Airtificial released its ticker (AI) on Monday in the continuous market.