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Aerostrat provides maintenance planning software for the aviation industry. Its flagship product Aerros helps airlines and maintenance providers schedule heavy aircraft maintenance proactively, forecasting costs, materials, components, and labor to optimize each task. The software gives operational transparency so stakeholders can see maintenance needs and costs, enabling better decision making and cost reduction. The company sells licenses and ongoing support on a B2B basis and emphasizes direct, 24/7 customer service to continuously improve the product.
Industries
Enterprise Software
Aerospace
Company Size
1-10
Company Stage
Acquired
Total Funding
$20M
Headquarters
Seattle, Washington
Founded
2015
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Total Funding
$20M
Above
Industry Average
Funded Over
1 Rounds
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
401(k) Retirement Plan
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Hybrid Work Options
Profit Sharing
Phone/Internet Stipend
Wellness Program
Company Equity
AAR has acquired Aerostrat for $15 million, with a potential additional $5 million. This acquisition enhances AAR's software capabilities in the aviation market. Aerostrat's Aerros software, used for maintenance planning, will integrate with Trax's ERP applications, offering comprehensive solutions. This move aligns with AAR's strategy to advance maintenance products and services, benefiting both Trax and Aerostrat customers.
AAR announces acquisition of maintenance planning software provider Aerostrat, expanding capabilities of Trax subsidiary.
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Industries
Enterprise Software
Aerospace
Company Size
1-10
Company Stage
Acquired
Total Funding
$20M
Headquarters
Seattle, Washington
Founded
2015
Find jobs on Simplify and start your career today