Aviation navigation company RocketRoute.com has secured £220,000 of equity investment, including £40,000 from a consortium of investor members at Thames Valley Investment Network.
The new funding will enable RocketRoute.com to take its online flight planning service to market.
Surrey-based RocketRoute.com has created an online service that allows pilots to generate and file flight plans up to 30 minutes before departure.
Currently, preparing a route and filing with the correct authorities is a manual and time-consuming process for pilots who do not have their own flight operations department.
RocketRoute is said to cut this task from more than an hour to a few minutes. Pilots can log in from a PC or any internet-ready mobile phone to generate a route and file it.
Kurt Lyall, co-founder of RocketRoute.com, said: ‘We want to give every pilot a flight planning experience that matches the quality enjoyed by the most advanced airlines operating their own flight planning team. We are doing this using internet economics at a low price and challenging today’s market perception.
‘Other competitor offerings are either complex to use or too expensive. What TomTom did to the car navigation market, we would like to repeat for aviation navigation. We estimate that in Europe there are 200,000 pilots and 110,000 of these could benefit from using RocketRoute.’
RocketRoute.com says it is targeting companies involved in business charters, air taxis and airlines with a small number of aircraft.