Copenhagen Airports A/S and Netcompany A/S have formed a joint venture to develop and market innovative digital airport platform

On 9 October 2020, Copenhagen Airports A/S and Netcompany A/S have formed a joint venture for the development and marketing of an innovative digital platform for airport management able to meet the requirements for efficient and sustainable airport operations.

The joint venture has been established by formation of the jointly owned company Smarter Airports A/S with an initial capital contribution of DKK 100 million.

Smarter Airports A/S is an independent company that by utilizing data, algorithms and artificial intelligence will seek to provide airports with greater operational opportunities (e.g. traffic handling, check-in, security, etc.). The parties estimate that the potential market represents around 500 airports representing a double-digit billion DKK market. 

With the joint venture, the parties combine Copenhagen Airports' know-how and Netcompany's IT competencies with the purpose of developing an innovative IT system. The project already employs around 80 people. 

Copenhagen Airports will be the maiden customer on the platform, which is expected to be completed in the fall 2021.

Plesner has assisted with the formation of the joint venture.

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