Company NewsJuly 11th 2019permalink
Starting from July 2019 we introduce Spiral Monthly Newsletter. It will be summarising our key results in product development, sales, and other corporate domains. The letter will be distributed to the existing and potential investors and will also be published on our website. The Weekly Updates will continue but will only be aimed for the internal team. If any of the investors are willing to receive Weekly Updates in addition to the Newsletter please speak to us separately.
Malta, 4 July 2019
Conquering the island
In early June Spiral team has won Lufthansa Technik (LHT) startup challenge organised right at the heart of one of the MRO facilities. Following the jury decision, we were awarded the pilot project to implement our solution at the same facility. Both teams are looking forward to scaling the technology for the wider network in the future.
Meetings in the desert
Right after the team kicked-off two other projects with the UAE based clients visiting the facilities, collecting the data and preparing the delivery roadmap. The first prototypes are expected in late August while the full completion is set for the year-end.
We have also agreed to sign memorandums of understanding with two universities providing aviation engineering courses in the UAE. The details will follow closer to the start of the academic semester in September however even now we see massive potential in collaboration with the educational institutions given their wealth of industry-specific knowledge and availability of student crowd keen to try anything technological and new.
Preparing to take-off
While preparing to the VC talks this fall we closed the interim angel investment round in June. We are especially proud to win the trust of the group consisting predominantly of the management consulting hawks and AR industry professionals.
Spiral was invited to speak at the Innovation Panel of the Aero Engines Europe conference to be held in Istanbul in September
Four more people have joined the team in May-June
Sergey Lisitskiy — to lead operations and project activity
Sergey Shyshkin — to take care of all the technical data needs
Alex Verkhoven — as Spiral's advisor in North America
Nigel Poo — to facilitate investor relationships in our upcoming VC round
Spiral Technology will showcase its solutions at MRO Southeast Asia in Kuala Lumpur on 6-7 March 2019February 24th 2019permalink
MRO Southeast Asia is a two day conference exploring the key issues and concerns in the Southeast Asia region, examining how airlines and their suppliers can optimise maintenance planning to effectively manage expanding fleets.
The event will host 10+ panel discussion, key note presentations and networking sessions. List of speakers includes executives from Malaysia Airlines, AFI KLM E&M, AJW, Frost & Sullivan and others. Two days will be concluded by the exclusive tour to the Sepang Aircraft Engineering Facility.
MRO Middle East NewsJanuary 31st 2019permalink
Less than two weeks remained to the MRO Middle East 2019 exhibition. Here's an overview of the related news.
British engineering company Semmco confirmed its participation at MRO Middle East. Semmco develops, manufactures and installs ground support equipment for aviation. Also, the company has a regional office in Dubai, where services are provided to optimize the maintenance of airlines. At the exhibition, Semmco will present a number of unique ground-based platforms and digital panels with access to aircraft.
For the eighth year, the national agency BUSINESS FRANCE has been organizing a French pavilion at MRO Middle East. This is the only national delegation at the exhibition and it will be represented by 21 companies in the 5th, 6th and 7th halls of the Dubai World Trade Center. It is worth recalling that French companies have provided their country with the second line in the global aerospace industry ranking. MRO Middle East — an excellent opportunity to show that France is one of the industry leaders, and other participants to find the right partners and customers among them.
The forecast of the development of the commercial aviation market from Aviation Week. According to the publication, the volume of the MRO market in the region will reach $13.1 billion by 2027. It is also important that in the next decade $100.6 billion will be allocated to service commercial aircraft in the Middle East — 10% of the global market.
MRO Middle East SummitJanuary 17th 2019permalink
The MRO Middle East Summit will be held the day before the main exhibition - February 10th. The event will be held at the Conrad Dubai Hotel. Previously, the conference was called Airline Engineering & Maintenance Middle East, for many regional as well as global airlines and equipment suppliers for the industry. The MRO Middle East Summit will last one day and gather more than 150 participants to discuss the prospects and new opportunities of the aviation market. Registration will begin February 10
Topics for discussion at the conference will be:
— Industry Dynamics: Regional Analysis and Forecast
— MRO in the Middle East – Embracing Growth and Seizing Opportunity
— Regulatory Updates and Operational Implications
— Maintenance Optimisation and Cost Reduction Strategies
A discussion we should pay attention to. The speakers will talk about ways to reduce the cost of servicing engines throughout the entire life cycle, as well as provide an overview of possible warehouse management strategies and optimize supplies.
— Exploring Innovation in MRO
This is the most interesting topic for us. First of all, due to the fact that one of the speakers will be our CEO Konstantyn Shyshkin ,. Also, within the framework of this discussion, Oscar D'souza - Emirates technical support engineer, Arun Chhabra - CEO 8tree, Birkan Güneralp - SVP QA Turkish Technic, moderator - Steve Williams Chairman Vaayu Group. The topic will discuss the possibilities and prospects of using AR / VR technologies in the airline industry, the effectiveness of integrating new technologies into workflows, as well as speakers will talk about digital transformations that will save staff from working with paper media.
— Big Data, Prognostics and Predictive Maintenance
— Dealing with the Deficit – Building Momentum for the Arabian Workforce
— Regional leasing
The conference will close Aviation Week Network spokesman Alex Moriarty at 5:40 pm.
MRO Middle EastJanuary 10th 2019permalink
From February 10-12, the Spiral.Technology booth will be presented at the MRO Middle East 2019.
Middle East MRO has been held annually in Dubai since 2016, namely at the Dubai World Trade Center and was the leading platform in the region to attract customers, study competitors, and discuss problems in the area of commercial aircraft servicing. The organizers claim that MRO Middle East is an ideal place to search for both suppliers of equipment and solutions, clients and partners for companies from the aviation industry. At the moment, the number of participants in the MRO Middle East 2019 has reached 129, and in 2018 178 exhibitors were represented at the exhibition.
The main participants of the exhibition are suppliers of equipment and technological solutions for servicing commercial aircraft. From year to year, such aviation industry giants as Boeing, Bombardier, Etihad and Lufthansa present their stands at the MRO Middle East. Platinum sponsors of the event are HEICO Corporation, Satair and StandardAero, and Aviation Week is the main media partner of the exhibition.
ARC Advisory Group released their forecast for 2019, where they assumed what the main technological trends would be this year. And according to the ARC forecast, one of the main trends of the year will be the augmented reality, namely: the increasing use of AR technologies in equipment maintenance, information transfer between staff and training new employees. So, as companies that already use AR, have significantly improved the process of personnel training, reduced equipment downtime and the risk of errors. Interest in technologies of augmented reality will only grow throughout the year - which is good news.