Dato
14.05.2026
Naviair to sell Its Stake in Aireon
Naviair is close to finalizing the sale of its ownership stake in the U.S.-based satellite company Aireon. The sale is expected to be completed by summer, on terms that the purchase price will be paid in two installments – half this summer and the remaining amount next summer
Naviair has been a co-owner of Aireon since 2014, and its stake amounts to approximately 4.13 per cent.
Aireon provides global satellite-based surveillance of air traffic via Iridium’s satellite network. This solution makes it possible to monitor air traffic in areas without traditional radar and ground-based coverage, including over oceans and in the Arctic. Aireon was established in 2011 as an international collaboration between Iridium and several aviation stakeholders. At the time of the sale, the ownership group consists of Iridium and the aviation organizations NAV CANADA (Canada), NATS (England), ENAV (Italy), AirNav (Ireland), and Naviair. All five aviation stakeholders are selling their shares in Aireon, meaning that Iridium will become the sole owner going forward.
Naviair is proud, together with the other owners, to have contributed to building a global infrastructure for air traffic surveillance. Since becoming operational in 2019, Aireon’s technology has enhanced safety in international aviation and made it possible to track air traffic in areas with limited or no surveillance.
Naviair originally entered the partnership with a focus on the opportunities that satellite-based surveillance could offer in Greenland and the North Atlantic. Aireon’s surveillance continues to play an important role in Naviair’s work in Greenland, and Naviair has recently entered into a new contract with Aireon for the provision of surveillance data in connection with the establishment of the TMA over Nuuk Airport.
At the same time, Naviair assesses that Aireon’s future development will increasingly be driven by commercial data utilization and business areas outside Naviair’s core function as an air navigation service provider. Therefore, Naviair is now passing the baton to Iridium, which already owns the satellite network behind the solution and has, throughout the years, been the company’s largest technological and commercial partner.
