Osprey Secures £40 Million to Boost AI-Driven Aviation Risk Management Amid Geopolitical Instability

Osprey Secures £40 Million to Boost AI in Aviation Risk Management

Osprey Flight Solutions is expanding its aviation risk management capabilities after raising over £40 million ($54 million) from technology growth capital firm Level Equity. The UK-based company plans to invest these funds in enhancing its use of generative artificial intelligence (AI) to deliver predictive security insights for airlines and aircraft operators.

CEO Andrew Nicholson highlights that the aviation industry's risk landscape is shifting due to increasing geopolitical instability. He points to specific threats such as Russian military activity, asset confiscations, and recent legal rulings like the Canadian court's decision holding Ukrainian Airlines liable for the 2020 destruction of Flight PS752 by the Iranian military.

Meeting the Needs of Insurers and Aviation Executives

With this funding, Osprey aims to better support clients, including insurance companies, by providing clearer risk projections. Nicholson stresses that executives at aviation firms must grasp how risks affect daily operations and broader strategic responsibilities, including duty of care. The company’s approach helps C-suite leaders make informed decisions amid increasing uncertainty.

Using Generative AI with Reliable Data

Osprey is expanding the use of generative AI to assist its experts in risk analysis. By training AI models on its extensive datasets, the company boosts staff capacity by automating repetitive tasks. Nicholson warns against relying on generic AI tools for risk assessments, noting that the quality of AI output depends entirely on the training data.

Osprey’s methodology looks beyond individual flights to analyze risks across entire operations. This combination of AI-driven research and expert review can identify how security threats in one region might stem from unrelated events elsewhere.

Strong Client Base and Growth

Following the investment from New York-based Level Equity, Osprey’s original investors, including 24Haymarket, remain minority shareholders. Founded in 2017, Osprey serves major airlines such as KLM, Virgin Atlantic, and Singapore Airlines, along with specialist aircraft operators and government agencies.

The company reports a revenue increase of approximately 500% since 2022, reflecting growing demand for advanced risk management solutions in aviation.

• Generative AI models require quality data to produce reliable risk analysis.
• Osprey’s AI supports experts by handling routine tasks, allowing focus on complex insights.
• Executives need clear, actionable intelligence to manage operational and strategic risks effectively.

For managers interested in how AI can improve risk management and decision-making, exploring AI training and courses could provide valuable skills. Resources like Complete AI Training’s latest courses offer practical knowledge on generative AI applications.