Skyy Network Company Profile

Background

Skyy Network, founded in 2018, is an Australian-based company specializing in drone technology and air traffic management solutions. The company's mission is to pioneer a dynamic, high-trust ecosystem between commercial operators and regulators in the drone industry, propelling businesses and missions into the aerial frontier with unmatched solutions. Their vision is to become a global ally in the drone economy, making the sky an avenue for enhanced life, streamlined operations, and societal progress through innovative, tailored drone solutions.

Key Strategic Focus

Skyy Network focuses on developing comprehensive drone solutions across various industries, including delivery, intelligence, surveillance, reconnaissance (ISR), security, mapping, medical, military, environmental monitoring, agriculture, infrastructure inspection, and search and rescue. Their core objectives include enhancing operational efficiency, safety, and innovation through tailored drone capabilities. The company utilizes advanced technologies such as fixed-wing, vertical take-off and landing (VTOL), helicopter, multirotor, and hybrid drones, along with autonomous navigation systems and data analytics.

Financials and Funding

In September 2020, Skyy Network secured a $500,000 grant from GENIUS NY, the world's largest business accelerator for unmanned systems, IoT, and big data startups. This funding aims to accelerate the company's growth through incubation, networking, and establishing a physical presence in Central New York.

Pipeline Development

Skyy Network has undertaken several key projects:

Revolutionizing Medical Logistics in the EU: Partnered with MedLife to launch Romania's first medical drone delivery network, significantly reducing delivery times and offering a sustainable alternative to traditional ground transport.

Windjammer Landing Resort: Collaborated with the Rayneau Group to introduce a fast drone delivery service for guests and housekeeping operations at the Windjammer Landing Villa Beach Resort in St. Lucia.

Albanian Post: Partnered with Swoop Aero to achieve an automated beyond-visual line-of-sight flight between key postal hubs in Tirana, Albania, marking a significant milestone in urban drone operations over a capital city.

Technological Platform and Innovation

Skyy Network's technological platform includes:

SkyGuardian360: An advanced air risk assessment tool designed to enhance safety and expedite regulatory approvals for drone operations. It utilizes extensive aircraft movement data to provide precise risk assessments for beyond visual line of sight (BVLOS) drone flights.

Automated Air Risk Management Kit: A software tool that uses historical aviation traffic data to calculate the likelihood of drones encountering other aircraft.

Ground Control Station: Software and hardware for controlling drone operations, including LTE and satellite-based navigation.

Skyy Command-and-Control Software: Software for managing drone flights, capable of switching between LTE and satellite navigation as needed.

Robust Autonomous Landing System: AI and machine learning-based software developed with Macquarie University to enable drones to land safely on challenging terrain.

Leadership Team

Rory Houston: Co-Founder & Chief Executive Officer.

Valtteri Kallinen: Chief Technology Officer.

Lucian Despoiu: Co-Founder & Head of Strategy.

Sorin Moisa, Ph.D.: Co-Founder & Chairman.

John-Paul Thorbjornsen: Co-Founder.

Competitor Profile

Market Insights and Dynamics

The drone industry is experiencing significant growth, with projections indicating a market size of $43 billion by 2024. This expansion is driven by increasing applications across various sectors, including delivery, surveillance, agriculture, and emergency services.

Competitor Analysis

Key competitors in the drone air traffic management sector include:

Exyn Technologies: Specializes in autonomous aerial robot systems for complex, GPS-denied environments.

Asylon: Focuses on automated security drone solutions for perimeter surveillance and rapid response.

Strategic Collaborations and Partnerships

Skyy Network has established significant partnerships to strengthen its market position and innovation capacity:

MedLife: Collaborated to launch Romania's first medical drone delivery network.

Rayneau Group: Partnered to introduce a drone delivery service at the Windjammer Landing Villa Beach Resort in St. Lucia.

Swoop Aero: Teamed up to achieve urban BVLOS drone delivery in Tirana, Albania.

Operational Insights

Skyy Network's strategic considerations include:

Regulatory Navigation: Expertise in navigating complex regulatory frameworks ensures compliance and smooth operations.

Data-Driven Insights: Advanced drone software provides robust aerial data gathering, empowering businesses with actionable insights for informed decision-making.