Aurrigo expands capacity as revenue rises

Aurrigo expands capacity as revenue rises

Aurrigo increased first-half revenue while expanding manufacturing capacity in Coventry. The group is preparing its Power Park site for larger autonomous vehicle programmes and has also recorded its first defence-sector sales.


Aurrigo International increased first half revenue by 19% as the Coventry engineering group expanded manufacturing capacity for contracted autonomous vehicle programmes and recorded its first defence sector sales.

Revenue for the six months to 30 June 2026 reached £4.2 million, up from £3.5 million a year earlier. Automotive revenue increased 53% to £3.6 million as trading recovered from disruption in the first half of 2025 and new programmes entered production, while Autonomous revenue fell to £0.6 million from £1.1 million.

The growth came with a heavier investment burden. Gross profit fell to £1.1 million from £1.5 million, while the adjusted EBITDA loss widened to £3.1 million from £1.6 million. Loss before tax increased to £3.8 million, reflecting spending on the company’s expanded UK facility and the manufacturing capability required for larger autonomous vehicle orders.

Aurrigo ended the period with £8.4 million in cash, down from £11.5 million at the end of December 2025. The company said its balance sheet retained sufficient headroom for its current growth programme, but the figures show how much cash the business is committing before its enlarged production capacity is fully utilised.

That investment is centred on Aurrigo’s Advanced Manufacturing and Engineering Centre at Power Park in Coventry. The 130,615 sq ft site is more than three times the size of the company’s previous facility and combines engineering, autonomous vehicle development, manufacturing and an on-site test area.

One of the main programmes is the £6.28 million Ultra Global contract signed in March to design and manufacture 25 autonomous guided vehicles. Engineering and prototype work is under way, with £1.53 million of revenue expected in the second half of 2026 and £4.75 million expected in FY2027 as manufacturing and delivery milestones are completed.

Professor David Keene MBE, chief executive officer of Aurrigo International, said: “I was particularly pleased to secure our first defence contract – this could become a significant market for us. With our expanded manufacturing facility now operational, contracted programmes progressing and a more mature Autonomous pipeline, we enter the second half with confidence in our growth prospects.”

The defence work extends capabilities developed for automotive and autonomous transport rather than creating a separate manufacturing operation from scratch. Aurrigo supplied electrical systems for unmanned vehicles during the first half, completed the remaining deliveries after the period end and said it is bidding for further programmes that could contribute in FY2027 and FY2028.

Automotive remains the established revenue base, providing electrical systems, integration, engineering and manufacturing capability alongside the newer autonomous programmes. The company also secured a three year £4.5 million framework agreement to supply electrical systems for a next generation supercar programme, with volumes scheduled to build across 2027 and 2028.

The Autonomous business is moving from trials and individual deployments towards repeatable commercial programmes. Aurrigo has autonomous systems active across international airports and has received £1.43 million of UK government funding for a project using Auto-Shuttle vehicles in airport safety and inspection roles.

Those deployments demonstrate operating capability, but the manufacturing question is whether trial activity converts into fleets large enough to keep the Coventry site productively loaded. Power Park provides far more capacity than the company’s current order book requires, so utilisation will depend on new contract conversion rather than installed floor space alone.

When the facility was announced in April, Aurrigo said it could support production of more than 500 autonomous vehicles a year at full capacity, subject to customer demand. Reaching even part of that output will require a step change from the company’s current production volumes, together with suppliers and quality systems able to support larger serial programmes.

Aurrigo is also pursuing a hub strategy that combines central engineering and initial manufacturing in Coventry with regional deployment and manufacturing partnerships overseas. That approach can limit the capital required for wholly owned plants in every market, but it places greater emphasis on standardised designs, supplier control, production documentation and the transfer of manufacturing processes between locations.

The interim figures capture a business carrying the cost of that transition before the revenue base has fully caught up. Automotive activity is recovering and generating most current sales, while the autonomous operation is being built around larger contracts, international deployment and greater manufacturing scale. Defence provides another route for the same electrical and engineering capability, albeit from a small starting point.

The second half will provide a clearer test of the investment. Ultra Global milestones, utilisation of the Coventry plant, further autonomous orders and any follow-on defence work will determine how quickly Aurrigo can convert a larger manufacturing footprint into revenue growth with a narrower operating loss.


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