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PrecisionHawk

precisionhawk.com

Founded Year

2010

Stage

Loan | Alive

Total Raised

$141.89M

Last Raised

$3.5M | 3 yrs ago

About PrecisionHawk

PrecisionHawk specializes in developing and integrating commercial drone technology. From farming to disaster response, PrecisionHawk is using aerial technology to improve efficiency, increase safety, generate additional revenue, and ultimately change the way businesses view their assets and manage resources.

Headquarters Location

410 Glenwood Ave., Suite 200 Suite 600

Raleigh, North Carolina, 27603,

United States

844-328-5326

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ESPs containing PrecisionHawk

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Construction Tech

Companies in this market develop and deploy drones that are designed to collect aerial intelligence and deliver raw materials for the construction industry.

PrecisionHawk named as Leader among 8 other companies, including DroneDeploy, DroneBase, and Volansi.

Missing: PrecisionHawk's Product & Differentiators

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Research containing PrecisionHawk

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned PrecisionHawk in 3 CB Insights research briefs, most recently on Oct 10, 2022.

Expert Collections containing PrecisionHawk

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

PrecisionHawk is included in 6 Expert Collections, including Agriculture Technology (Agtech).

A

Agriculture Technology (Agtech)

2,275 items

Companies that are using technology to make farms more efficient.

R

Robotics

1,974 items

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.

I

Insurtech

4,152 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

R

Renewable Energy

72 items

Startups developing technology to help offshore wind farm operators minimize costs and optimize production. These startups are enabling real-time turbine inspection and monitoring, as well as wind measurement and forecasting to help improve wind farm profitability.

F

Fintech

7,746 items

US-based companies

A

Aerospace

2,262 items

PrecisionHawk Patents

PrecisionHawk has filed 7 patents.

The 3 most popular patent topics include:

  • Cyrillic letters
  • Diagrams
  • Gravity dams
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/9/2020

1/3/2023

Unmanned aerial vehicle manufacturers, Image processing, Acid tests, Security, Intelligent transportation systems

Grant

Application Date

12/9/2020

Grant Date

1/3/2023

Title

Related Topics

Unmanned aerial vehicle manufacturers, Image processing, Acid tests, Security, Intelligent transportation systems

Status

Grant

Latest PrecisionHawk News

Agriculture Drone Market Size Worth $6.37 Billion, Globally, by 2028 – Growing Popularity of Robotics | Exclusive Report by The Insight Partners

Jan 18, 2023

Agriculture Drone Market: Competitive Landscape and Key Developments AeroVironment, Inc.; AgEagle Aerial Systems Inc; DJI; DroneDeploy; PRECISIONHAWK INC; Third Element Aviation GmbH, Sentera, Yamaha Motor Corporation, U.S.A.; Trimble Inc.; and Parrot Drone SAS are among the key players operating in the agriculture drone market. In August 2021: DJI—one of the market leaders in drone and camera technology—launched Agras T30 and T10 agriculture drones. The Agras T30 and T10 were developed in partnership with farmers to make aerial precision agriculture more reachable and convenient and allow drone technology to improve their productivity. In February 2021: DroneDeploy, a leading enterprise drone data platform, collaborated with Corteva Agriscience, one of the world’s largest pure-play agricultural organizations. The collaboration aimed to help farmers plant and harvest efficiently, safely, and sustainably, as well as to improve management decisions. Inquiry Before Purchase: https://www.theinsightpartners.com/inquiry/TIPTE100001007/ Impact of COVID-19 on Global Agriculture Drone Market Growth: The COVID-19 pandemic severely affected the agriculture drone market as several government initiatives worldwide disrupted manufacturing and global supply chains, resulting in shutdowns and closure of farming sectors. Prolonged dip in food crop prices and reduced demand for agriculture equipment and tools by farmers are a few factors that declined the growth of the agriculture drone market. Commercial and regulatory restrictions have created several challenges for agriculture drone manufacturers in obtaining specific raw materials and components needed to manufacture their products. However, the slowdown of economies due to the pandemic accelerated the requirement for digitization and automation in the agriculture industry. Also, advanced farming techniques such as crop health monitoring, drone yield monitoring, and irrigation scheduling are anticipated to boost the agriculture drone market in the coming years. The agriculture drone market in Asia Pacific is anticipated to grow at the highest CAGR during the forecast period. A growing number of partnerships and cooperation between public and private sectors to augment food supply and a surge in adoption of enhanced technologies in agribusiness are becoming major factors accelerating the market growth in Asia Pacific. Speak to Research Expert: https://www.theinsightpartners.com/speak-to-analyst/TIPTE100001007/ Global Agriculture Drone Market: Regional Overview The agriculture drone market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. North America dominated the market in 2021 and is expected to continue its dominance during the forecast period. The market in the region is further segmented into the US, Canada, and Mexico. North America is one of the largest and most advanced regions supporting massive adoption of innovative agriculture technologies and is continuing to improve more farm tools with the help of IoT and AI. Drones are largely utilized for spraying and precision farming, as it helps with useful data collection of the plants in field conditions. The US is the early adopter of precision farming technologies, thereby becoming a major factor responsible for the growth of the agriculture drone market in North America. In October 2021, the European Commission announced a plan to implement a Drone Strategy 2.0 in 2022 to strengthen the region’s impending vision for sustainable and smart mobility in the agriculture sector. Due to continuous technological advancements in crop spraying, irrigation, and soil & field analysis, the demand for agriculture drones is growing significantly in the region. The stringent government regulations for flying drones at certain heights have become a concern for farmers having agricultural land. Additionally, farmers' lack of awareness, limited adaptability to advancing technologies, and high costs associated with such devices limit the region's market growth. In South America, agriculture drone providers continue to create awareness among farmers, giving information about the field and monitoring crop production. In addition, the use of a drone has helped in cutting down labor requirements and has further reduced resource requirements. In January 2022, a forest restoration project started using XAG Agricultural Drones in Brazil, a pioneer in experimenting with the scope of planting seeds of native tree species with the help of a drone. It aims to help speed up the forest restoration process by planting tree species with a commercial interest and environmental adaptation in the country. Buy Premium Copy of Agriculture Drone Market Growth Report (2022-2028) at: https://www.theinsightpartners.com/buy/TIPTE100001007/ Agriculture Drone Market: Type Overview The agriculture drone market, based on type, is bifurcated into fixed and rotary wings. The rotary wing segment accounted for a larger share of the market in 2021. Due to its greater maneuverability and compact design, higher payload capacity, comparatively lower price than the other types of drones, and easy-to-use nature, the demand for rotary wing drones continues to rise in the market. Rotary drones require less space and provide ease of regulating the direction, which are the major factors augmenting the segment's growth. Browse other research published by The Insight Partners:  Drone Logistics & Transportation Market to 2027 - Global Analysis and Forecasts by Type (Freight Drones, Passenger Drones, and Ambulance Drones); Application (Warehousing, Shipping, and Others); and End User (Military and Commercial) Drone Payload Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Cameras and Sensors, Radar and Communication, Weaponry); End-User (Defense, Agriculture and Environment, Media and Entertainment, Energy, Government, Construction, Others) and Geography Civil Drone Market to 2027 - Global Analysis and Forecasts by Type (Fixed Wing Drone and Rotary Wing Drone); Platform (Hardware, Software, and Services); Application (Aerial Photography, Surveying & Mapping, Inspection, and Others); End-User (Agriculture, Real Estate/ Infrastructure, Energy and Power, Others) Tethered Drone Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Quadcopter and Multicopter), Application (Inspection/Surveying/Mapping, Law Enforcement, Search & Rescue, and Others), and End User [Military and Commercial (Energy & Power, Media & Entertainment, Telecom, and Others)] Drone Simulator Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Hardware and Software), Simulator Type (Fixed and Portable), Drone Type (Fixed Wing and Rotary Wing), and Technology (Augmented Reality and Virtual Reality) Drone Service Market to 2027 - Global Analysis and Forecasts by Type (Fixed Wing, Rotary Wing, and Hybrid); Services (Surveying & Mapping, Delivery, and Aerial Photography); Industries (Real Estate/Infrastructure, Media & Entertainment, Agriculture, Industrial, and Law Enforcement) Drone Camera Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Type (Embedded Camera, Infrared Camera, and Thermal Camera), Application (Photography and Videography, Thermal Imaging, and Surveillance and Mapping), Resolution (Below 12 MP, 12–20 MP, 20–32 MP, and Above 32 MP), End User (Entertainment and Media, Defense and Law Enforcement, Transport and Logistics, Construction, and Others), and Geography Drone Data Link System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Drone Type (Fixed Wing Drone, Rotary Wing Drone, Hybrid Drone); End User (Military, Commercial) and Geography Professional Drone Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Product Type (Fixed-Wing, Rotary Blade, Hybrid); Application (Filming and Photography, Inspection and Maintenance, Mapping and Surveying, Precision Agriculture, Surveillance and Monitoring, Others); End Use Industry (Agriculture, Logistics and Transportation, Energy, Media and Entertainment, Manufacturing and Construction, Safety and Security, Others) and Geography Drone Motors Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Brushless DC Motor, Brushed DC Motor); Power (Below 100 W, 100 W-200 W, Above 200 W); Drone Type (Fixed Wing, Multi-Rotor, Single-Rotor, Fixed-Wing Hybrid); Application (Commercial Drones, Consumer Drones) and Geography About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us: If you have any queries about this report or if you would like further information, please contact us: Contact Person: Sameer Joshi

PrecisionHawk Frequently Asked Questions (FAQ)

  • When was PrecisionHawk founded?

    PrecisionHawk was founded in 2010.

  • Where is PrecisionHawk's headquarters?

    PrecisionHawk's headquarters is located at 410 Glenwood Ave., Suite 200, Raleigh.

  • What is PrecisionHawk's latest funding round?

    PrecisionHawk's latest funding round is Loan.

  • How much did PrecisionHawk raise?

    PrecisionHawk raised a total of $141.89M.

  • Who are the investors of PrecisionHawk?

    Investors of PrecisionHawk include Paycheck Protection Program, Millennium Technology Value Partners, Third Point Ventures, Eastward Capital Partners, Innovate Indiana Fund and 13 more.

  • Who are PrecisionHawk's competitors?

    Competitors of PrecisionHawk include Betterview, Proveye, Buzz Solutions, Sensat, Droneify, Gather AI, Volansi, Aeronext, XSun, Descartes Labs and 71 more.

Compare PrecisionHawk to Competitors

SLANTRANGE Logo
SLANTRANGE

SLANTRANGE has pioneered a smarter approach to agricultural intelligence by delivering new layers of information for more control and predictability over agricultural land and more efficient use of resources. The company designs, manufactures and markets sensors and analytics systems for drone aircraft. SLANTRANGE systems are deployed around the world, helping to reduce operational costs and accelerate better decision making.

E
EagleView Technologies

EagleView is a provider of high-resolution aerial imagery, property data analytics and structural measurements for government agencies, insurance carriers, roofing contractors and energy utilities. Using patented image capture techniques, 3D aerial measurement software and machine learning processes, EagleView helps customers answer questions related to millions of properties throughout the world. With a sixty-petabyte library of oblique and orthogonal Pictometry aerial imagery and the capacity to process tens of thousands of roof measurement reports per day, EagleView enables organizations to reduce field visits and adopt faster, safer and more cost-effective workflows.

Proveye Logo
Proveye

Proveye provides an agricultural software platform to derive quantitative data from images through drone cameras, infield sensors, and mobile. It analyzes the image data in the platform and provides disease detection in plants, crop yield and crop health, food security, insurance, monitoring, and other analytic services. The company was founded in 2019 and is based in Kerry, Ireland.

Wingtra Logo
Wingtra

Wingtra develops drones. The WingtraOne simplifies how aerial data is collected. It is as agile as multicopters and has the superior flight capability of a fixed-wing aircraft regarding range and speed. It opens new possibilities in improving wildlife protection, agriculture, parcel delivery, and many other applications.

V
VOA

Brazilian Agtech Co. offers a fully-integrated drone fleet and analytics-based services for precise monitoring, rational application of biological agents, agrochemicals, and nutrients at scale.

SatSure Logo
SatSure

SatSure leverages advances in satellite remote sensing, machine learning, and big data analytics to provide answers to large area questions across multiple domains. The company's geospatial big data platform combines satellite imagery, proprietary algorithms, weather, IoT, drone imagery, social and economic datasets, and cadastral amongst others to generate near real-time location-specific insights. It was founded in 2017 and is based in Bengaluru, India.

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