The next major milestone for the LabCampus innovation centre being built at Munich Airport: the technology company for autonomous driving Argo AI will use the facilities at the LabCampus to test and develop its vehicle systems in future.
Based on the recently concluded contract agreement, Argo AI will set up a test track at Munich Airport and rent space in the first LabCampus office building LAB 48, which is scheduled to open in 2022. The test track, which will be built not far from the aircraft maintenance hangars in the southwest of the airport, will be used to test autonomous driving vehicles under realistic conditions in various traffic situations.
Argo AI was founded in 2016 and is headquartered in Pittsburgh, Pennsylvania. The company has partnerships with the US car manufacturer Ford and the VW Group. The latter had invested 2.6 billion US dollars in Argo AI last year. Munich has been home to Argo AI's European headquarters since then.
»This conclusion of the contract illustrates the great potential of the LabCampus as a think tank and test laboratory for forward-looking mobility concepts. Argo AI's commitment is therefore also an important signal to all other companies that can benefit from the enormous opportunities offered by this innovation centre,« explains Jost Lammers, CEO of Munich Airport.
Dr. Marc Wagener, Managing Director of LabCampus, adds: »By offering important players from key industries such testing opportunities at Munich Airport, we are strengthening the appeal and performance of Bavaria as a high-tech location.«
Flughafen München GmbH