About Armac Systems
Armac Systems is a company based in Drogheda (Ireland) founded in 2003 by Micheal Armstrong. It operates as a B2B, and SaaS. Armac Systems offers products and services including RIOsys Software and IPCF. Armac Systems operates in a competitive market with competitors including SkySelect, Obuu, Block Aero, Rhino Aviation and AeroSoft Systems, among others.
- Headquarter Drogheda, Ireland
- Founders Micheal Armstrong
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Sectors
Transportation, Automotive & Logistics
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Website
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Social
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Annual Revenue
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Products & Services of Armac Systems
Armac Systems offers a comprehensive portfolio of products and services, including RIOsys Software and IPCF. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Optimizes aircraft spare parts inventory to reduce costs and prevent delays.
Supports aviation maintenance processes for efficient operations.
Funding Insights of Armac Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Armac Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Armac Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Armac Systems Comparisons
Competitors of Armac Systems
Armac Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SkySelect, Obuu, Block Aero, Rhino Aviation and AeroSoft Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Software solutions are provided for connecting aviation buyers and suppliers.
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AI and cloud-based inventory management for aviation is provided.
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Blockchain-based supply chain solutions for aerospace are offered.
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Delivers inventory management tools for aviation maintenance, repair, and overhaul.
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Creates software for aviation inventory and customer management systems.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Armac Systems
Frequently Asked Questions about Armac Systems
When was Armac Systems founded?
Armac Systems was founded in 2003.
Where is Armac Systems located?
Armac Systems is headquartered in Drogheda, Ireland.
Who is the current CEO of Armac Systems?
Micheal Armstrong is the current CEO of Armac Systems. They have also founded this company.
What does Armac Systems do?
Armac Systems provides specialized software to help airlines optimize spare parts availability, reduce inventory costs, and enhance technical dispatch reliability. Operating from Dublin, Ireland, the company delivers tools like RIOsys for proactive planning and maintenance. It serves aviation clients by minimizing delays from defects and stock shortages, focusing on economic efficiency and service improvements.
Who are the top competitors of Armac Systems?
Armac Systems's top competitors include SkySelect, Obuu and Block Aero.
What products or services does Armac Systems offer?
Armac Systems offers RIOsys Software and IPCF.