Altitude Angel Ltd (In Administration)

Offers Invited



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Acquisition Opportunity

Hilco is seeking offers to acquire the intellectual property and tangible assets of Altitude Angel Ltd (In Administration) (“Altitude Angel” or the “Company”), on behalf of the Company’s Joint Administrators, Andy John and Geoff Rowley of FRP Advisory Trading Ltd.

Background

Prior to Administration, Altitude Angel was a UK-based aviation technology business recognised for pioneering digital airspace management for drones. Founded in 2014, the Company developed a suite of products that allowed pilots to plan flights and request permission, airports and landowners to review and approve operations, and national authorities to run country-level services, delivering a consistent, auditable approach to drone activity in shared airspace. The platform combined the Drone Assist operator applications, the GuardianUTM control layer for facilities, and a national GuardianUTM O/S capability for authorities.

The Company established meaningful scale and adoption, publishing usage metrics of 350,000+ direct users, connections to 64 airports and 170+ landowner sites, management of 300,000 hours of flight activity, and 90 million API calls each quarter, alongside 30 cloud customers and three countrywide deployments. These outcomes reflected a sustained programme of delivery with airports, landowners and air navigation service providers across multiple jurisdictions.

An innovator in its field, Altitude Angel delivered high-profile demonstrations of air traffic and drone traffic working side-by-side and advanced a monetised digital-permissions model that turned manual, email-based approvals into standardised, auditable workflows with optional e-commerce. The Company also introduced ARROW, a ground-based surveillance approach designed to support beyond visual line-of-sight operations, together with PRISM for low-cost radar integration, forming a flexible surveillance architecture for airports and other critical sites.

ARROW was supported by a Basingstoke manufacturing and warehouse footprint, a set of autonomous 30-metre towers that had been field-tested and connected to the Company’s platform, and a near-complete UK CAA regulatory pathway, positioning the technology as a software-led replacement for traditional visual observers.

In the financial year ending 2024, the Company generated trading revenue of approximately £1.1 million.

This opportunity offers a prospective buyer the chance to acquire the intellectual property and tangible assets behind a recognised leader in digital airspace management and surveillance, with a product set and know-how designed for rapid adoption by airports, infrastructure owners and national authorities.

Available Assets:

  • Software Platforms & Applications: The Company’s end-to-end digital airspace suite, including the Drone Assist operator applications (mobile and web), the GuardianUTM control layer for airports, heliports and landowners (Approvals, Operations/Zone and Identity modules, with built-in e-commerce), and the national GuardianUTM O/S capability for authorities. Assets include source code, product documentation, API specifications and the GuardianUTM Cloud developer environment enabling third-party integrations.
  • Patent Portfolio & Know-How: A portfolio of granted and pending patents covering automated conflict management and aircraft-detection concepts, together with associated invention disclosures and supporting materials. Comprehensive technical and product documentation, including architecture overviews, interface control documents, onboarding guides, site-selection and deployment guides, safety cases and operational procedures, training materials, and regulatory correspondence. These materials capture the Company’s accumulated methods and shorten time-to-service for an acquirer.
  • Data & Operational Records: Structured datasets supporting safe and auditable operations, such as flight-planning and approval records, facility rule sets and workflows, deployment logs, and selected test and evaluation datasets, evidencing real-world use and providing a head start for continuity or relaunch by an acquirer.
  • Brands, Domains & Digital Assets: The Altitude Angel brand and related product brands, including GuardianUTM, Drone Assist, Drone Safety Map, ARROW, are all protected by registered trade marks. Also available are associated design systems and marketing collateral, as well as the Company’s domains, websites and social media accounts.
  • Surveillance & Hardware Assets: Elements of the ARROW ground-based surveillance solution designed to support operations, including autonomous tower designs, manufacturing and deployment documentation, calibration and acceptance procedures, and associated tooling/fixtures.
  • Tangible Assets: Series of trailer mounted lattice type masts and others ranging from 18m – 30m mast height with winches, drones, surveillance equipment including 360 Predator Cameras, Senhive and Droneshield drone detection, ante nix tracking and power generation equipment including solar panels, generators, inverter chargers, Pylontech lithium batteries, weatherproof cabinets deployed and as spares in storage, vehicles and equipment trailer. nnae systems, cctv, Avionix tracking and power generation equipment including solar panels, generators, inverter chargers, Pylontech lithium batteries, weatherproof cabinets deployed and as spares in storage, vehicles and equipment trailer.

Equipment Assets Schedule

Schedule Available Here 

Please note this schedule is subject to alterations as further information is received

Sales Process

All expressions of interest and bids are to be directed to Hilco in writing. Please contact Hilco to gain access to a virtual data room for further information on signing a confidentiality agreement.

Key Terms & Conditions

Hilco is acting as exclusive agent to the Company and its Joint Administrators in connection with the proposed sale of some or all of the Company’s assets. The Joint Administrators act as agents of the Company and without personal liability.

All sales are made strictly on an “as is, where is” basis. Only such right, title and interest (if any) as the Company may have in the assets will be transferred to a purchaser. No warranties, guarantees, or representations (express or implied) are provided by the Company, its Joint Administrators, or Hilco in respect of the assets or any information supplied. All parties must rely on their own enquiries and due diligence. Any information provided is for convenience only and has not been independently verified.

All offers are subject to the addition of VAT at the prevailing rate, where applicable. A non-refundable deposit equal to 20% of the agreed purchase price must be paid by the successful purchaser within 48 hours of offer acceptance. Payment of the deposit grants the purchaser the exclusive right to proceed with the acquisition of the relevant assets for a limited period and on the terms agreed. A Buyer’s Premium of 10% of the final purchase price is payable by the successful purchaser in addition to the agreed purchase price, is non-negotiable and is payable at the same time and in the same manner as the purchase price and forms a condition of sale.

Legal completion to occur as soon as possible post-offer acceptance.

Hilco’s full Terms and Conditions apply.

Contacts

Yasmin Saadi

Senior Analyst

London Office

+44 (0) 7766 075798

[email protected]

Alexander Muir

Associate Director

Manchester Office

+44 (0) 7593 562917

[email protected]

Kevin Smyth AssocRICS

Managing Director

London Office

+44 (0) 7920 149064

[email protected]