EMMA Systems gets new funding from Qatar Development Bank
PRESS RELEASE
Qatar Development Bank (QDB) through its investment arm, has successfully closed a transaction with EMMA Systems, a provider of Operational Optimization (incl. A-CDM) for airports providing a unique, real-time view of operations, visualizing data and monitoring key systems at airports
With offices in Qatar, Finland as well as the US, EMMA Systems has developed an operational optimization platform featuring airport collaborative decision-making (A-CDM) allowing airport stakeholders to make timely & informed decisions. With its flexible integration bridge, the platform can be adapted to any airport’s operating procedures. The platform helps substantially improve the predictability of airport operations using AI (artificial intelligence).
Wisam Costandi, CEO and co-founder of EMMA System.“EMMA Systems is currently at an important crossroad. During COVID the aviation industry was going through a very difficult and uncertain time, and this has had an impact on our business plan. With traffic resuming fast in most regions we see our pipeline filling up with a series of important opportunities from Ecuador to Japan over Europe and in the Middle East. We are extremely grateful for the support we have received from QDB. The support from QDB has been instrumental in where we stand now, with some new applications being developed and our global expansion.”
Mr. Mohammed Al Emadi, Acting Senior Manager of Investment, Qatar Development Bank, commented on this milestone, by saying: “At QDB, we realize how significant this investment is in adding value to our community and start-up ecosystem. Localization of such technology creates highly skilled jobs in the private sector, in addition to the value we can earn from introducing more companies with such services into the Qatari market. Our efforts go hand in hand with Qatar National Vision 2030 that aims to build a robust knowledge-based economy through the translation of scientific research into commercial impact.
A-CDM makes airports more efficient and effective by having the different stakeholders work closely together to achieve the milestones defined in the A-CDM process by EUROCONTROL. EMMA Systems supports the creation of an A-CDM platform, the adaptation of CONOPS and creates the platform and dashboard for all airport stakeholders to work closely together, achieve the defined milestones and support faster change and a high degree of sustainability by eliminating unnecessary airside movements. The financial, operational and sustainability benefits are substantial, as A-CDM is also seen as a key element for airports to reconnect to profitability, support the move to C02 neutrality and create a better passenger experience.
To learn more about EMMA Systems, please visit on emma.aero