4 March 2014
Passur Aerospace, Inc (OTC: PSSR) said it will collaborate with Raytheon Company (NYSE: RTN) on solutions to improve the predictability of air travel, increase efficiencies for airlines, and create a safer, more hassle-free travel experience for passengers.
The cooperative agreement includes the integration of Passur´s business analysis and predictive analytics decision support software with Raytheon´s air traffic management systems.
The collaboration brings added data and analytics into the system while streamlining airport air traffic systems. The efficiencies created will provide reliable and more predictive information to airport operators, airlines and, ultimately, passengers.
Raytheon is a technology and innovation leader specializing in defense, security and civil markets throughout the world. It is headquartered in Waltham, Mass., and on the Net at www.raytheon.com and on Twitter @Raytheon.
Passur Aerospace is a business intelligence and Big Data company that provides predictive analytics built on proprietary algorithms and the concurrent integration and simultaneous mining of multiple databases. Its website is at www.passur.com.