StageAcq - Fin | Alive
About Cyberhawk Innovations
Cyberhawk Innovations carries out aerial inspection and surveying using Remotely Operated Aerial Vehicles (ROAVs) Unmanned Aerial Vehicles (UAV) whether it's a close visual inspection of a live flare stack, flare tip, live transmission tower or topographic land survey from the air.
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ESPs containing Cyberhawk Innovations
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The gas leak detection and flaring reduction market involves technologies and services aimed at identifying and preventing leaks of natural gas and other hydrocarbons from oil and gas operations, as well as reducing the amount of gas that is flared or vented into the atmosphere. This market includes a range of solutions such as sensors, drones, and software platforms that enable operators to monit…
Cyberhawk Innovations named as Leader among 15 other companies, including Crusoe, HUVRData, and Bridger Photonics.
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Expert Collections containing Cyberhawk Innovations
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Cyberhawk Innovations is included in 4 Expert Collections, including Agriculture Technology (Agtech).
Agriculture Technology (Agtech)
Companies that are using technology to make farms more efficient.
This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.
Oil & Gas Tech
This collection includes companies from upstream, midstream, and downstream sectors of the Oil & Gas industry, as well as companies focused on sustainable fuels. Sectors are tagged by general focus of the company (even if the tech works across sectors).
Aerospace & Space Tech
Latest Cyberhawk Innovations News
Jul 6, 2022
The North American oil and gas drones market is anticipated to grow at a CAGR of around 15.7% from 2022-2027. The COVID-19 outbreak witnessed a significant impact on the oil and gas drone services market due to delays in multiple oil and gas projects. For instance, ADNOC delayed the USD 20 billion Hail and Ghasha offshore sour-gas development project in 2020 due to the COVID-19 pandemic. Major leading companies, such as BP and Shell, have started digitalizing their operation by monitoring and recording data on all three sectors. In addition, rising technological developments toward the enhancement of efficient drones are likely to drive the market growth. Midstream is expected to be the fastest-growing markets in oil and gas industry. Although drones offer most efficient monitoring and cost-effective methods, technological limitations such as low speed, shorter flight time, vulnerability to hackers, and susceptibility to weather are restraining the market growth. Key Highlights The introduction and integration of Artificial Intelligence (AI) with the drone coupled with the development of methane gas detection and thermal imaging has been the driving factor leading to the increasing adoption of the drones by the oil and gas operators, and it is expected to propel the market during the forecast timeframe. The demand for oil and gas infrastructure such as pipelines and refineries is expected to increase due to the soaring energy demand, thus offering more significant business opportunities for the oil and gas drone service providers. United States is expected to be the primary oil and gas drone services market in 2020. It is projected to be the largest market in terms of revenue during the forecast period due to the increasing adoption of drones across all three sectors, including upstream, midstream, and downstream. Intensifying offshore oil and gas activities across the region is expected to drive the market's growth during the forecast period. Key Market Trends Integration of AI with Drones to Fuel the Market In the recent past, the drone was required to carry out operations within site. However, the development of AI along with the drone can now hover beyond the line of sight. The integration of AI has helped drones fly beyond the beyond-the-visual-line-of-sight (BVLS) and gather much more data without the need for any human efforts. The data collected proves to be more accurate and can help the oil and gas operator prevent mishaps or leakage during the operation. Modern drones are faster and smarter in processing the enormous data produced from the assets. As the AI improves, these drones may independently decide for further action through their AI capabilities. In addition, the integration with AI can also help operators relate the current data with the past data collected and help them maneuver the action required before fatalities in case of leakage and spills. Further, the AI integrated sensor is now easily able to move inside the closed building and is not prone to collisions with the walls, without the help of any human controlling it. As these technologies keep enhancing, the application for these drones would increase, and, thus, it is expected to drive the market. Key Topics Covered:
Cyberhawk Innovations Frequently Asked Questions (FAQ)
When was Cyberhawk Innovations founded?
Cyberhawk Innovations was founded in 2008.
Where is Cyberhawk Innovations's headquarters?
Cyberhawk Innovations's headquarters is located at Alba Innovation Centre, Livingston.
What is Cyberhawk Innovations's latest funding round?
Cyberhawk Innovations's latest funding round is Acq - Fin.
How much did Cyberhawk Innovations raise?
Cyberhawk Innovations raised a total of $4.73M.
Who are the investors of Cyberhawk Innovations?
Investors of Cyberhawk Innovations include Magnesium Capital, Clydesdale Bank, Scottish Equity Partners, Scottish Investment Bank and Scottish and Southern Electricity Networks.
Who are Cyberhawk Innovations's competitors?
Competitors of Cyberhawk Innovations include Linebird and 6 more.
Compare Cyberhawk Innovations to Competitors
HUVR is an early stage Austin, Texas based data analytics company that collects aerial imaging using drones and provides actionable information to our customers. The company's target markets are: energy infrastructure inspections (wind / solar / oil / gas) and precision agriculture. Its goal is to substantially reduce Op Ex and increase yields which will result in higher profits for our clients. The company was founded in 2014 and is based in Austin, Texas.
SkyX operates on a drones-as-a-service model. It collects and delivers actionable data and insights on the health of assets. It analyzes aerial data and identifies anomalies using SkyVision software. It was founded in 2015 and is based in Toronto, Canada.
Buzz Solutions provides inspections using its drone fleet and software analytics platform operations. It enables field teams to perform the prioritized maintenance promptly, reducing the likelihood of wildfires, forced shutdowns, and power outages resulting from failed grid infrastructure. The company was founded in 2017 and is based in Palo Alto, California.
Nearthlab develops artificial intelligence (AI) technology for industrial autonomous flying drones. Its artificial intelligence (AI)-powered blade inspection solution combines autonomous drones with a smart analytics platform. It was founded in 2015 and is based in Seoul, South Korea.
Droneify offers a fully integrated suite of drone solutions. Companies use Droneify's flight operations, software, and hardware solutions to inspect assets, analyze data, and manage their business. Droneify was formerly known as The Sky Guys. The company was founded in 2015 and is based in Oakville, Canada.
Optelos operates as a secure cloud-based visual data management and artificial intelligence analytics platform transforming geospatial inspection data into actionable insights. It offers patented data management, reality modeling, and artificial intelligence solutions for enterprise businesses performing asset inspections. It serves telecommunication, manufacturing, power utilities, oil and gas, commercial roofing, and other sectors. The company was founded in 2016 and is based in Cedar Park, Texas.
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