FlightWave Aerospace

Santa Monica, United States Founded: 2014 • Age: 12 yrs Acquired By Red Cat
UAVs for aerial surveying and data collection are manufactured.
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About FlightWave Aerospace

FlightWave Aerospace is a company based in Santa Monica (United States) founded in 2014 by Michael Colonno and Trent Lukaczyk was acquired by Red Cat in September 2024.. FlightWave Aerospace offers products and services including Edge 130 Enterprise, Edge 130 Blue, Controller, and Payloads. FlightWave Aerospace operates in a competitive market with competitors including Wingtra, Delair, Exyn Technologies, UrbanMatrix and Silent Flyer, among others.

  • Headquarter Santa Monica, United States
  • Founders Michael Colonno, Trent Lukaczyk
  • Sectors
    Aerospace, Defense & Maritime
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Red Cat

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Red Cat

    (Sep 05, 2024)

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Products & Services of FlightWave Aerospace

FlightWave Aerospace offers a comprehensive portfolio of products and services, including Edge 130 Enterprise, Edge 130 Blue, Controller, and Payloads. 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.

Primary

Advanced drone for autonomous missions and flight control.

Specialized drone for enhanced performance applications.

Autopilot for planning and executing aerial missions.

Swappable sensors for quick integration in drones.

Funding Insights of FlightWave Aerospace

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2017 Amount Seed - FlightWave Aerospace Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in FlightWave Aerospace

FlightWave Aerospace has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Red Cat and Breakout Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage science-driven companies are supported through venture capital investments.
Founded Year Domain Location
Military drones and AI solutions are provided for defense operations.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by FlightWave Aerospace

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - FlightWave Aerospace

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Flightwave Aerospace Comparisons

Employees
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Competitors of FlightWave Aerospace

FlightWave Aerospace 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 Wingtra, Delair, Exyn Technologies, UrbanMatrix and Silent Flyer, 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
domain founded_year HQ Location
Developer of drone-based surveying solutions
domain founded_year HQ Location
Aerial imagery services are delivered via proprietary drones.
domain founded_year HQ Location
Fully autonomous aerial robotic systems developer
domain founded_year HQ Location
AI-driven hardware and software for drone control are developed.
domain founded_year HQ Location
Provider of autonomous drones
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Flightwave Aerospace

Frequently Asked Questions about FlightWave Aerospace

When was FlightWave Aerospace founded?

FlightWave Aerospace was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is FlightWave Aerospace located?

FlightWave Aerospace is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.

Who is the current CEO of FlightWave Aerospace?

Michael Colonno is the current CEO of FlightWave Aerospace. They have also founded this company.

What does FlightWave Aerospace do?

FlightWave Aerospace was founded in 2014 in Santa Monica, United States, within the UAV manufacturing sector. Multi-rotor airframes like the Jupiter UAS are produced, powered by Li-ion battery packs or hydrogen fuel cell systems. Operations center on aerial data collection in inaccessible areas, with applications in ocean health monitoring, vegetation growth assessment, agricultural development tracking, forest conservation efforts, and public safety surveillance.

Who are the top competitors of FlightWave Aerospace?

FlightWave Aerospace's top competitors include Wingtra, Delair and Exyn Technologies.

What products or services does FlightWave Aerospace offer?

FlightWave Aerospace offers Edge 130 Enterprise, Edge 130 Blue, Controller, and Payloads.

Who are FlightWave Aerospace's investors?

FlightWave Aerospace has 2 investors. Key investors include Red Cat, and Breakout Ventures.

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