Vellox Group announces new software platform and capital investment
Summary
Vellox Group, backed by permanent owner Arcadea Group, is a fully unified software platform integrating the capabilities of four businesses: Spidertracks, Air Maestro, Flight Vector, and Complete Flight. This merger establishes Vellox Group in a diverse range of sectors including medical, industrial, public safety, energy, tourism, defense, charter, and government. As a result of this development, Aleksandra Banas, former CEO of Air Maestro and Spidertracks, assumes the role of Vellox Group CEO; Complete Flight Founder and CEO Bernie Berg assumes the role of Vellox Group CPO; and Flight Vector Founder and CEO Scot Cromer is transitioning to the Vellox Group board of directors. • Fleet management: asset utilization, optimization, and tracking, with artificial intelligence (AI) levered automated decision support and mission facilitation capabilities • Safety management system (SMS): comprehensive risk, regulatory compliance, organizational safety, and operational insights management for highly demanding and complex operators • Dispatch and planning: flight planning, crew scheduling, mission dispatch and execution, and resource allocation, including weight and balance, fuel optimization, and regulatory compliance to streamline pre-flight operations • Operational management: centralized management of during- and post-flight activities, including operational control center (OCC) management, hours of service, maintenance scheduling, document control, and more. Banas commented: “By uniting these historically independent businesses into a unified platform, we’ve created an integrated solution that simplifies processes, eliminates silos, and provides operators with a complete view of their operations – saving time, improving safety, and ensuring compliance.” According to Paul Yancich, Managing Director and Co-Founder of Arcadea Group, the Group is committing an additional USD$20 million to Vellox Group to pursue its vision while further improving customer success.