SkySelect has raised US$9m to modernise aircraft parts procurement with AI

SkySelect secures US$9m to transform aviation parts procurement

Estonian-founded SkySelect, an AI-powered procurement platform for aviation parts, has raised US$9 million in new funding. Airlines currently face significant operational and financial challenges linked to parts sourcing. Globally, carriers hold around US$50 billion in excess inventory, much of it tied up in legacy procurement systems that lack real-time visibility. When aircraft are grounded due […]

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SkySelect’s Procurement technology is ushering in the era of AI in aviation

MRO & Production

In 2024, SkySelect’s Procurement AI entered the early majority adoption phase, marking a pivotal transformation in the aircraft materials procurement landscape. Numerous customers have embraced this innovative technology, signalling a shift in how transactions for aircraft parts are conducted. The company has surpassed a significant milestone, having processed US$5 billion worth of aircraft parts transactions

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MTU Maintenance enhances engine parts sourcing with SkySelect

MRO & Production

SkySelect has announced a successful partnership with MTU Maintenance, the MRO division of MTU Aero Engines, to modernise and optimise their engine parts sourcing processes. This collaboration marks a key step in the digital transformation of MTU Maintenance, specialising in aero engine maintenance, repair, and overhaul (MRO). With operations spanning Europe, Asia, and the Americas,

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SkySelect partners with Ambry Hill Technologies

Information Technology

SkySelect has partnered with Ambry Hill Technologies, the creator of business management software solutions that are purpose-built for the aviation aftermarket, to provide suppliers with new opportunities to be more efficient and additional capabilities to maximise demand. This new integration with Ambry Hill’s VistaQuote product enables the automation of inventory sharing to the SkySelect platform

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SkySelect secures US$9m to transform aviation parts procurement

SkySelect’s Procurement technology is ushering in the era of AI in aviation

MTU Maintenance enhances engine parts sourcing with SkySelect

SkySelect partners with Ambry Hill Technologies

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