Airware (pre-spinoff) Stock

airware.comIndustrial / Industrial softwareFounded: 2011Funding to Date: $42MM

Airware is an enterprise drone analytics company helping enterprises leverage today’s rapidly advancing technologies to safely see and sense their sites and structures to improve productivity, mitigate risks, and take workers out of harm’s way.

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Team

Management Team

Bernard Michini Ph.D
CTO & Founding Member
Yvonne Wassenaar
Chief Executive Officer
David Arsenault
Vice President, Engineering
Jonathan Downey
Founder & Board Member
Sasha Pesic JD
VP & General Counsel

Board Members

John Chambers
Self
Tom Rikert
Next World Capital
Martin Casado Ph.D
Andreessen Horowitz
Jonathan Downey
Airware
Yvonne Wassenaar
Airware

News Highlights

Drone pilots' paydays drop 90 percent in `race to the bottom'
Andy Trench made $2,000 a day in 2015 taking sky-high photographs along the East Coast with a drone he made himself. Now, that same work fetches about $175. "It's apparent that a lot of this industry is a race to the bottom," said Trench, a Rhode Island entrepreneur who's been operating remote-controlled aircraft for more than a decade. Three years after federal regulators began allowing commercial drone flights, the fever to cash in has turned into a pitched battle for business. Prices for collecting airborne data have plummeted amid a flood of competition equipped with cheap, hi-tech aircraft that practically fly themselves.
Drone pilots' pay plummets 90% in 'race to the bottom'
Three years after federal regulators began allowing commercial drone flights, the fever to cash in has turned into a pitched battle for business. Prices for collecting airborne data have plummeted amid a flood of competition equipped with cheap, high-tech aircraft that practically fly themselves.
Running a Drone Business Was a Massive Cash Cow
Then the Drones Arrived
Updated on: Feb 20, 2024

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