About SkyTrac
SkyTrac is a company based in Kelowna (Canada) founded in 1986 was acquired by Drew Marine in October 2017.. SkyTrac offers products and services including SDL-350, IMS-350, DLS-140, and ISAT-200A. SkyTrac operates in a competitive market with competitors including CAMP, empowerMX, OpenAirlines, Flightdocs and AireXpert, among others.
- Headquarter Kelowna, Canada
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Skytrac Systems Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Drew Marine
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of SkyTrac
SkyTrac offers a comprehensive portfolio of products and services, including SDL-350, IMS-350, DLS-140, and ISAT-200A. 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.
Broadband satcom device for global aircraft connectivity.
Midband satcom solution for aviation data links.
Versatile terminal for satellite and cellular communications.
Device for reliable global data transmission in aviation.
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Funding Insights of SkyTrac
| 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 |
Investors in SkyTrac
SkyTrac has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Drew Marine and Roynat Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Provider of marine engineering services
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by SkyTrac
| 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 - SkyTrac
| 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 |
Skytrac Comparisons
Competitors of SkyTrac
SkyTrac 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 CAMP, empowerMX, OpenAirlines, Flightdocs and AireXpert, 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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| domain | founded_year | HQ Location |
Aircraft maintenance tracking and management solutions are provided for operators.
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Cloud-based maintenance management software is offered for aviation.
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Software for flight operations, crew and fleet management, and fuel saving
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| domain | founded_year | HQ Location |
Cloud-based maintenance tracking software is offered for aviation.
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| domain | founded_year | HQ Location |
Web-based aircraft maintenance and MRO management solutions are provided.
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| domain | founded_year | HQ Location |
WingWork is recognized as a cloud-based aircraft maintenance platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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 Skytrac
Frequently Asked Questions about SkyTrac
When was SkyTrac founded?
SkyTrac was founded in 1986.
Where is SkyTrac located?
SkyTrac is headquartered in Kelowna, Canada. It is registered at Kelowna, British Columbia, Canada.
What does SkyTrac do?
The company was founded in 1986 in Kelowna, Canada, and operates in the aviation sector. Data-driven maintenance, repair, and overhaul (MRO) solutions are offered to support business performance. Flight data monitoring is enabled by the Insight product for efficiency and safety improvements. Altitude, speed, and fuel consumption are tracked via InFlight, with deviations from operating parameters identified. Project management and hardware integration are handled through OnBoard services.
Who are the top competitors of SkyTrac?
SkyTrac's top competitors include CAMP, OpenAirlines and empowerMX.
What products or services does SkyTrac offer?
SkyTrac offers SDL-350, IMS-350, DLS-140, and ISAT-200A.
Who are SkyTrac's investors?
SkyTrac has 2 investors. Key investors include Drew Marine, and Roynat Capital.