StratoWave Connect Company Profile

Background

StratoWave Connect is a Croatian startup specializing in long-range wireless communication solutions and hybrid propulsion systems for unmanned aerial vehicles (UAVs). Established in April 2018, the company aims to enhance UAV operational capabilities by extending flight durations and communication ranges. Their mission is to develop energy-efficient drones capable of prolonged and extensive operations, with a vision to integrate these drones into various sectors such as transportation, surveillance, and search and rescue missions.

Key Strategic Focus

StratoWave Connect's strategic objectives include:

Long-Range Wireless Communication Systems: Developing broadband communication solutions that enable UAVs to operate over distances exceeding 50 kilometers, ensuring real-time data transmission and control.

Hybrid Propulsion Systems: Creating integrated propulsion systems combining internal combustion engines with electric drives to significantly extend UAV flight times and payload capacities.

Target Markets: Focusing on sectors requiring extended UAV operations, including logistics, environmental monitoring, emergency response, and infrastructure inspection.

Financials and Funding

Since its inception, StratoWave Connect has secured funding through various channels:

Startup Factory Program: In 2018, the company was among the winners of the Startup Factory pre-acceleration program, receiving HRK 160,000 in non-repayable funds for further development.

ACT Group Support: Participated in the "Pokreni nešto svoje" program by ACT Group, which provided financial support and mentorship.

Financial Performance: In 2023, the company reported total revenues of HRK 65,396.51, with a net profit of HRK 874.66.

Pipeline Development

StratoWave Connect is advancing several key projects:

Hybrid Propulsion System: Developing a hybrid propulsion system for multi-rotor drones, featuring:

Maximum take-off weight (MTOW): 25 kg

Quad-rotor X configuration

27-inch propellers

6 kW internal combustion engine power

Peak hybrid power: 12 kW

Expected flight autonomy without load: 8-12 hours

Payload capacity: up to 30% of MTOW

Long-Range Communication System: Developing a broadband communication system for drones, tested to operate effectively over distances up to 50 km, utilizing:

C Band

MiMo 4x4 technology

Circular Polarization (2xLHCP + 2xRHCP)

33 dBm (2 W) power output

Data speeds ranging from 500-700 Mbit/s at 1 km to 10-40 Mbit/s at 100 km

Technological Platform and Innovation

StratoWave Connect's technological advancements include:

Proprietary Hybrid Propulsion Technology: An integrated system combining internal combustion engines with electric drives, enhancing UAV flight duration and payload capacity.

Advanced Communication Systems: Utilizing MiMo 4x4 technology and circular polarization to maintain robust data links over extended distances.

Innovative Applications: Pioneering live-streaming capabilities from UAVs, demonstrated by broadcasting a sailing regatta in real-time over the internet in 2003.

Leadership Team

Vilko Klein: CEO/CTO, leading technological development and strategic direction.

Ivan Nikolić: COO, overseeing business development and operations.

Ivan Pelivan: Director, focusing on strategic partnerships and market expansion.

Competitor Profile

Market Insights and Dynamics

The UAV industry is experiencing rapid growth, with increasing demand for drones capable of extended flight times and long-range operations. Applications span across logistics, agriculture, surveillance, and emergency response sectors.

Competitor Analysis

Key competitors include:

DJI: A leading manufacturer of consumer and professional drones, offering a range of UAVs with varying capabilities.

Parrot: Provides drones for both consumer and commercial applications, focusing on ease of use and affordability.

AeroVironment: Specializes in small UAVs for military and commercial use, emphasizing endurance and payload capacity.

StratoWave Connect differentiates itself by focusing on hybrid propulsion systems and long-range communication technologies, catering to niche markets requiring extended UAV operations.

Strategic Collaborations and Partnerships

StratoWave Connect has engaged in collaborations to enhance its technological capabilities and market reach:

ZICER (Zagreb Innovation Center): Participated in the Startup Factory program, receiving mentorship and funding support.

ACT Group: Benefited from the "Pokreni nešto svoje" program, gaining financial assistance and business development guidance.

Operational Insights

StratoWave Connect's strategic focus on hybrid propulsion and long-range communication positions it uniquely in the UAV market. By addressing specific operational challenges such as extended flight durations and reliable data transmission over vast distances, the company offers solutions that are particularly valuable in sectors like logistics, surveillance, and emergency response.