Spidertracks Explained

Spider Tracks Limited
Logo Alt:Spidertracks Logo
Trading Name:Spidertracks
Type:Privately held company
Industry:Aviation
Founded:2007
Founder:James McCarthy
Hq Location:Auckland, New Zealand
Area Served:Worldwide
Key People:Aleks Banas, CEO

Spidertracks is a New Zealandbased company specialising in the development of hardware and software for the general aviation industry. The company specialises in flight tracking, aviation communication, and flight data acquisition.[1]

History

Spidertracks was founded by James McCarthy in 2007 in the small rural town of Pohangina, just outside Palmerston North, New Zealand.[2] Following the death of high-profile businessman Michael Erceg in a helicopter crash in 2005, Erceg's downed aircraft was not located for two-weeks due to the failure of an emergency locator transmitter (ELT).[3]

McCarthy and some associates saw the opportunity to develop a lightweight, portable, 'real-time' GPS tracking device for the aviation industry.[4]

The team developed a device known as a 'Spider' – a small device that plugs into an aircraft's auxiliary power outlet and is mounted in the cockpit.[5]

Information such the aircraft's location, altitude, speed, and direction were transmitted via the Iridium satellite network every two minutes to the Spidertracks software platform. The founders claimed this offered a much more reliable way to locate an aircraft in an emergency situation.

Spider Tracks Limited was registered with the New Zealand Companies Office on 20 February 2007.[6]

In 2020, Spidertracks launched their latest hardware device – 'Spider X'.[7] According the Spidertracks, in addition to the real-time tracking and communication functions of previous models, the device is able to record and wirelessly transmit attitude and heading reference system (AHRS) data to the Spidertracks cloud-based platform.[8] The flight data is then processed post-flight to enable a 3D virtual flight replay and reporting on specific events or safety violations.[9] Spidertracks claim this provides a low-cost, simple solution for Flight Data Monitoring and Flight Operations Quality Assurance for the General Aviation industry.

In March 2022, investment firm Arcadea Group acquired a 95% shareholding of Spidertracks for an undisclosed sum.[10]

In June 2023, the strategic merger of Air Maestro and Spidertracks was announced.[11] Arcadea's Managing Director Paul Yancich stated in a press release that “Air Maestro and Spidertracks have long been solving different elements of the same fundamental challenge within aviation: how to operate a profitable, successful flight organization without ever sacrificing quality, safety, or efficiency. This is a monumental challenge, and, until this merger, no single business could come close to serving customers’ entire needs.”.[12] Aleks Banas, CEO of Air Maestro, took over the CEO role of the combined business.

Locations

Spidertracks' head office is in Auckland, New Zealand, with a secondary office in Parker, Colorado. The company also claims to employ staff across the world.[13]

Notes and References

  1. Web site: Huber. Mark. Spidertracks Adds AHRS Data. 21 July 2020. Aviation International News. en.
  2. Web site: 11 May 2010. Aircraft tracking company sees itself as world leader. 21 July 2020. RNZ. en-nz.
  3. News: 19 March 2010. NZ liquor baron fatally flew chopper into cloud – report. en-NZ. NZ Herald. 21 July 2020. 1170-0777.
  4. Web site: Employers and Manufacturers Association (EMA) Northern – Spidertracks. 20 July 2020. www.ema.co.nz.
  5. Book: Glasgow. Michael J.. Niehus. Gregory A.. 2012 IEEE/AIAA 31st Digital Avionics Systems Conference (DASC) . Improving General Aviation safety using low-cost Iridium devices . 16370. October 2012. 4C5–1–4C5-11. 10.1109/DASC.2012.6382341. 978-1-4673-1700-9.
  6. Web site: View All Details. 20 July 2020. app.companiesoffice.govt.nz.
  7. Web site: Spidertracks introduces the Spider X. 2021-03-01. Vertical Mag. en-US.
  8. Web site: Huber. Mark. Maverick Is Launch Customer for Spidertracks FDM. 2021-03-01. Aviation International News. en.
  9. Web site: Spider X: Flight Data Monitoring & Aircraft GPS Tracking. 2021-03-01. www.spidertracks.com. en.
  10. Web site: Shareholdings . 2022-03-13 . app.companiesoffice.govt.nz.
  11. Web site: Air Maestro and Spidertracks Merge To Revolutionize Aviation Safety, Operations, And Fleet Management Blog Spidertracks . 2023-06-14 . www.spidertracks.com . en.
  12. Web site: Air Maestro & Spidertracks Merge to create the Leading Global Aviation Safety, Operations, and Fleet Management SaaS Platform . 2023-06-14 . Arcadea Group . en-US.
  13. Web site: About Us Spidertracks. 20 July 2020. www.spidertracks.com. en.