STOCK TITAN

Innovative Garmin Autoland receives Aviation Week Network's prestigious Grand Laureate Award

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Garmin International has received the 2020 Grand Laureate Award in Business Aviation from Aviation Week Network for its innovative Autoland technology. This system enables general aviation aircraft to land autonomously without pilot intervention, enhancing flight safety. The award was presented during a virtual ceremony on October 19, 2020. Autoland has already achieved FAA certification for certain aircraft models and is set to be featured in over 100 aircraft by the end of 2020. Garmin's commitment to aviation safety and technological advancement is underscored by this recognition.

Positive
  • Awarded 2020 Grand Laureate in Business Aviation by Aviation Week Network.
  • Autoland technology allows autonomous landings, enhancing aviation safety.
  • FAA certification received for Piper M600, Daher TBM 940, and Cirrus Vision Jet.
  • Expected to feature in over 100 aircraft by the end of 2020.
Negative
  • None.

OLATHE, Kan.--()--Garmin® International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that it was awarded the 2020 Grand Laureate in the Business Aviation category by Aviation Week Network for its revolutionary Garmin Autoland, the world’s first autonomous safety-enhancing technology system for general aviation aircraft with the ability to land an aircraft without human intervention. For 63 years, Aviation Week Network’s Laureate Awards have honored extraordinary aviation and aerospace achievements that embody the spirit of exploration, innovation and vision that inspire others to strive for progress, change and leadership. This year’s Grand Laureate Awards were presented at a virtual ceremony on October 19, 2020.

“We are humbled and honored to be recognized by Aviation Week Network with this prestigious award in the Business Aviation category for the innovation of Autoland,” said Phil Straub, Garmin executive vice president and managing director, aviation. “The passion and commitment to safety through revolutionary developments like Autoland is shared by the entire Garmin team, who continuously drive our pioneering vision to develop advanced technologies that enhance aviation safety and potentially save lives.”

In the event of an emergency, the pilot or passengers on board the aircraft can activate Autoland to land the aircraft with a simple press of a dedicated button. Autoland can also activate automatically if the system determines it’s necessary. Once activated, the system calculates a flight plan to the most suitable airport, avoiding terrain and adverse weather, initiates an approach to the best runway and automatically lands the aircraft – without pilot or passenger intervention1.

“This year we had a particularly impressive list of Business Aviation Laureates, and I salute them all,” said William Garvey, Aviation Week Network editor-in-chief, business & commercial aviation. “But the consensus among our editors as to what or who was most deserving of the Grand Laureate designation was quick and certain: Autoland by Garmin, a technological marvel, a jaw dropper in concept and execution. Its advance of flight safety is without parallel. That red button will save lives. Hearty congratulations and sincere thanks to the wonder team behind it.”

The first Autoland system for general aviation aircraft, Garmin Autoland has received Federal Aviation Administration (FAA) certification in the Piper M600, the Daher TBM 940, and the Cirrus Vision Jet as part of the G3000® integrated flight deck. European Aviation Safety Agency (EASA) approval was also recently granted to the TBM 940. By the end of 2020, Garmin expects more than 100 fielded aircraft to feature Autoland.

For additional information about Autoland and Garmin Autonomi family of automated flight technologies, visit www.garmin.com/Autonomi.

Garmin’s aviation business segment is a leading provider of solutions to OEM, aftermarket, military and government customers. Garmin’s portfolio includes navigation, communication, flight control, hazard avoidance, an expansive suite of ADS-B solutions and other products and services that are known for innovation, reliability, and value. For more information, visit Garmin's virtual pressroom at garmin.com/newsroom, contact the Media Relations department at 913-397-8200, or follow us at facebook.com/garmin, twitter.com/garminnews, instagram.com/garmin or youtube.com/garmin.

1.See Garmin.com/ALuse for Autoland system requirements and limitations.

About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin and G3000 are registered trademarks and Autonomi is a trademark of Garmin Ltd. or its subsidiaries.

All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 28, 2019, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at https://www.garmin.com/en-US/company/investors/earnings/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Category: Aviation

Contacts

Conor McDougall
(913) 440-3110
media.relations@garmin.com

Garmin Ltd

NYSE:GRMN

GRMN Rankings

GRMN Latest News

GRMN Stock Data

40.43B
154.87M
19.22%
57.4%
2.07%
Scientific & Technical Instruments
Search, Detection, Navagation, Guidance, Aeronautical Sys
Link
United States of America
SCHAFFHAUSEN