Company Research Report: Cyberhawk
Company Overview
Name: Cyberhawk
Mission: Cyberhawk is driven by the core belief that the biggest factor in deriving value and ROI from a drone inspection program is the speed at which critical decisions can be made. They combine engineering expertise, world-class drone operations, and purpose-built software to deliver end-to-end solutions that support infrastructure asset management programs.
Founded: 2008
Founders: The founders of Cyberhawk were rope access trained inspectors who worked in the North Sea, Scotland.
Key People:
- Chris Fleming, Chief Executive Officer
- Phil Buchan, Chief Operating Officer
- Matt Zafuto, Chief Commercial Officer
- Natalia Anderson, Head of Finance
- Callum Kottis, Senior Vice President of Global Technical Delivery
- Anna Dillé, Director of U.S. Operations
Headquarters:
- UK HQ: Edinburgh, Scotland
- USA HQ: Denver, CO, USA
Number of Employees: No information is available.
Revenue: For the fiscal year 2024, Cyberhawk experienced a 55% revenue growth with total revenue reaching $28.7 million.
What the Company is Known For: Cyberhawk is recognized as the global leader in drone-based inspection and survey services, offering end-to-end solutions for engineering inspections, geospatial surveys, emissions monitoring, and visual data management.
Products
iHawk™
- Description: A cloud-based software solution for visual data management and analytics that aids in making evidence-based decisions to improve productivity and lower costs.
- Key Features:
- Organizes visual data from multiple sources
- Streamlines inspections
- Provides situational awareness
- Configurable workflows with open APIs
- Multi-view inspection image comparison
- Enhanced annotation tools
- AI integration for instant analysis.
Visualive™
- Description: An enhancement to the iHawk™ platform, Visualive integrates AI capabilities to empower swift decision-making through advanced features designed to streamline inspection processes.
- Key Features:
- AI-powered image analysis
- Multi-view image comparison
- Video inspection functionality
- Campaign management
- Map visualizations and asset grouping
- Custom workflows and AI model integration.
AVIATE
- Description: Advisory service program designed to help organizations launch or scale Unmanned Aerial System (UAS) programs.
- Key Features:
- Shot sheet recommendations
- Inspection standards alignment
- Equipment evaluation and maintenance plans
- Trial license for iHawk™ software.
Recent Developments
New Products Launched:
- Visualive was introduced to enhance AI-powered UAS inspections, incorporating new features and AI integration to streamline inspection processes.
New Features Added to Existing Products:
- iHawk was enhanced with AI capabilities in the Visualive module, including instant analysis, multi-view inspections, and enhanced video inspections.
Recent Achievements and Partnerships:
- Cyberhawk was granted an FAA Nationwide BVLOS Waiver, allowing expanded remote drone operations in the U.S.
- The company saw substantial growth, with more than doubling of iHawk™ licenses, emphasizing the demand for their visual data management solutions.
Key Personnel Changes:
- Promotion of Callum Kottis to Senior Vice President of Global Technical Delivery.
- Promotion of Anna Dillé to Director of U.S. Operations.
- Promotion of Natalia Anderson to Head of Finance.
Sustainability and ESG Efforts:
- Cyberhawk presented its 2024 ESG Report, emphasizing commitments to sustainability and joining the United Nations Race to Zero campaign as part of the SME Climate Commitment.
This report provides a comprehensive overview of Cyberhawk, highlighting its innovations, product offerings, and recent accomplishments.
