COCESNA signs on for more Aireon ADS-B data

Rhea-AI Summary

On March 8, 2023, COCESNA, the Central American air navigation service provider, signed a three-year contract for Aireon's space-based Automatic Dependent Surveillance-Broadcast (ADS-B) data. The adoption of this technology, which COCESNA tested for 18 months, will enhance real-time air traffic visibility and operational efficiency across over 2.6 million square kilometers of airspace, particularly over the Pacific Ocean. COCESNA aims to improve route efficiency and safety for air operators. Aireon's CEO highlighted the significance of this contract for COCESNA as it positions them as a leader in air traffic control in the region.

Positive

• COCESNA signed a three-year contract with Aireon for ADS-B data enhancing operational and safety benefits.
• The contract follows a successful 18-month trial, indicating proven effectiveness.
• COCESNA aims to optimize air traffic routes and enhance situational awareness across a vast airspace.

Negative

• None.

Argus Session date unavailable

-2.55% session move Open Argus

Details

News Market Reaction – IRDM

The recorded move for IRDM in the trading session of this news was -2.55%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

MCLEAN, Va., March 8, 2023 /PRNewswire/ -- Central American air navigation service provider (ANSP) COCESNA (Corporación Centroamericana de Servicios de Navegación Aérea) has signed a three-year contract for Aireon's market-leading, space-based Automatic Dependent Surveillance-Broadcast (ADS-B) data, confirming the outstanding operational and safety benefits to the region.

For COCESNA, which had been trialing Aireon data for the past 18 months, the Aireon data will enable the regional ANSP to gain full situational awareness of its air traffic, in real time, over the Pacific Oceanic airspace. COCESNA, in turn, is aiming to leverage the data to provide more efficient routes to the operators in the airspace, including reduced separation minima.

"The COCESNA airspace is a perfect example of the value Aireon data brings to the ANSP community. As one of the largest ANSPs in Central America, COCESNA serves a diverse airspace, with extensive traffic over oceanic and continental environments. The Aireon data will provide them with unparalleled surveillance capabilities and will give COCESNA complete, real-time visibility to their traffic in the airspace," said Don Thoma, Aireon CEO.

"As the aviation community emerges from the COVID-19 pandemic, we at Aireon are seeing more and more ANSPs look to data solutions to safely and efficiently manage the next phase of air traffic growth. We are looking forward to continuing the great relationship with COCESNA to support their operational and safety goals," said Peter Cabooter, Aireon Vice President of Customer Affairs.

Spanning the entire Central American flight information region (FIR), COCESNA's region encompasses more than 2.6 million square kilometers terrestrial airspace and extensive oceanic areas in the Caribbean Sea and Pacific Ocean, providing air traffic surveillance services to Belize, Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua. Its central location in the Americas positions COCESNA as the major air traffic control provider at the crossroads of the Caribbean, North, South and Central America.

"With a Seamless Sky Vision, COCESNA aims to become a leader in air navigation services in Central America, the region and around the world," said Juan Carlos Trabanino Aguirre, Executive Director and CEO, COCESNA.

About Aireon LLC
Aireon has deployed a space-based air traffic surveillance system for Automatic Dependent Surveillance-Broadcast (ADS-B) equipped aircraft throughout the entire globe. Aireon is harnessing next-generation aviation surveillance technologies that were formerly ground-based and, for the first time ever, is extending their reach globally to significantly improve efficiency, enhance safety, reduce emissions, and provide cost savings benefits to all stakeholders. Space-based ADS-B surveillance covers oceanic, polar, and remote regions, and augments existing ground-based systems that are limited to terrestrial airspace. In partnership with leading ANSPs from around the world, like NAV CANADA, the Irish Aviation Authority, ENAV, NATS UK and NAVIAIR, as well as Iridium Communications, Aireon is providing a global, real-time, space-based air traffic surveillance system, available to all aviation stakeholders. For more information, please visit www.aireon.com.

Contact: Emily Feliz
+1 571.424.5648
emily.feliz@aireon.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/cocesna-signs-on-for-more-aireon-ads-b-data-301764949.html

SOURCE Aireon LLC

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does COCESNA's contract with Aireon involve?

COCESNA signed a three-year contract for Aireon's space-based ADS-B data to improve air traffic management.

When was the COCESNA and Aireon contract announced?

The contract was announced on March 8, 2023.

How long was the trial period for Aireon's data by COCESNA?

COCESNA trialed Aireon's data for 18 months before signing the contract.

What area does COCESNA's air navigation service cover?

COCESNA covers over 2.6 million square kilometers of airspace in Central America.

What are the expected benefits of the Aireon data for COCESNA?

The expected benefits include enhanced operational efficiency, real-time traffic visibility, and improved safety for air operators.