KLM and Schiphol invest in Dutch startup Undagrid
OREANDA-NEWS. Undagrid technology makes it possible to track non-motorized vehicles at Schiphol Airport in real time, at low costs. This ensures optimal use of the vehicles, so we need less of them. Hence, it enables us to cut expenses considerably.
Erik Swelheim, Managing Director & Chief Financial Officer of KLM
Companies usually have multiple objects to manage, from big to small. Up until now, if they had no power, there was almost no way for vital information about these objects to be shared, such as the location, temperature, or their current status. If a situation like this occurs, it's always a matter of: where exactly are the objects now and/or what's the status of the objects? Undagrid technology ensures that objects, not matter what size, share useful information not only with each other, but also with the people operating the objects.
Rolf van de Velde, Undagrid's CEO and co-founder
MIF's investment, along with that of our partners KLM, Schiphol Airport, TU Delft and Rabobank, positions Undagrid to achieve their international growth ambitions as the communications solution for airport logistics faster. Not to mention, it helps them break into other markets outside of the aviation industry.
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