Airwayz Drones Overview
Airwayz develops solutions for autonomous drone operations in urban environments, including smart cities, ports, and industrial areas. The company focuses on enabling scalable and safe multi-drone fleets for diverse applications such as inspection, monitoring, delivery, and emergency response. Its AI-powered DynamicUTM technology serves as an Unmanned Traffic Management (UTM) system, integrating with the aerial environment and coordinating with authorities to support advanced commercial drone operations. This real-time system facilitates autonomous decision-making, ensuring seamless operation for multiple drones.
Cumulative Funding Raised Over Time ($)
—Jul 2024
Latest News
growth-positive
Aaron Kaplowitz: Israel’s hard-won tech can solve New Jersey drones mystery — and protect US skies
The article discusses the increasing threat posed by unidentified flying objects and unmanned aerial systems (UAS) along the East Coast of the United States, highlighting the need for advanced detection and mitigation technologies. Israeli startups, particularly R2 Wireless, have developed cutting-edge systems to detect and neutralize drones, which have been tested in Israels ongoing conflict. R2 Wirelesss technology, capable of identifying drone threats in various environments, has been deployed in Israel and could be beneficial for US air defense systems. The article emphasizes the importance of adopting Israels battle-tested drone defenses to safeguard US airspace. Additionally, NATO has invited R2 Wireless to participate in a counter-UAS exercise, showcasing the potential for international partnerships.
Partners
growth-positive
Propeller Drones, Airwayz and FlightOps team up for Israel’s first BVLOS drone flights | Revolution.aero
Propeller Drones has partnered with Airwayz to execute a $7 million contract with Israel Electric Corporation (IEC) for autonomous drone flights. This collaboration marks the first AI-approved beyond visual line of sight (BVLOS) drone operations in Israel, aiming to enhance airspace optimization and unlock new business opportunities. The partnership also includes FlightOps, enabling the group to apply for tenders and regulatory approvals both locally and globally. This project is significant for the drone industry, as it addresses regulatory hurdles and enhances AI flight capabilities to meet government needs. The collaboration is expected to expand Propeller Drones commercial activities and bring them closer to delivering large-scale operations to organizations.
PartnersCustomers
growth-positive
Propeller Drones, Airwayz and FlightOps collaborate on USD7M BVLOS contract - Unmanned airspace
Airwayz has been selected by Propeller Drones to execute a $7 million contract with the Israel Electric Corporation (IEC) for autonomous uncrewed aerial system operations. The project involves inspecting electrical infrastructure using drones on AI-approved routes beyond visual line of sight. Propeller Drones, in collaboration with FlightOps, has enhanced AI flight capabilities to meet IECs requirements and regulatory standards. Airwayz will provide an uncrewed traffic management system to manage large areas and multiple fleets. This marks the first government-approved operation of drones via a pre-approved UTM system in Israel. The collaboration allows the three companies to apply for tenders and regulatory approvals globally, reducing operational risks by using drones for inspections in hazardous locations.
PartnersCustomers
growth-positive
Propeller Drones and Airwayz Collaborate on $7 Million IEC Contract for BVLOS Autonomous Flights
Propeller Drones has partnered with Airwayz to execute a $7 million contract with the Israel Electric Corporation (IEC) for autonomous drone inspections of electrical infrastructure. This collaboration marks a significant milestone in BVLOS drone operations in Israel, utilizing Airwayzs advanced UTM technology to manage flight operations. The project showcases the potential for expanding autonomous drone technologies across various industries by overcoming regulatory challenges. The partnership with FlightOps further integrates AI capabilities to meet IECs requirements, enhancing the commercial viability of autonomous operations. This initiative not only benefits Propeller Drones but also sets the stage for broader adoption of drone technology in challenging environments, opening up new business opportunities.
PartnersCustomers
growth-positive
Rapid Growth of Flight Requests in Rotterdam’s U-Space Airspace
The U-Space Airspace in Rotterdam has seen a significant increase in operators and flight requests, with more than 50 operators submitting nearly 300 flight requests in the past four months. The Port of Rotterdam is exploring ways to support operators flying near critical infrastructure. The European Aviation Safety Agency (EASA) and the Ministry of Infrastructure and Water Management visited the Port of Rotterdam to discuss practical experiences with the U-Space Airspace prototype. The Port Authority is also looking to assist operators in navigating new rules for flying near critical infrastructure.
CustomersExpand
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Seed |
| Rounds | 1 |
| Investors | 5 |
Team Members
6
Employees: 11-50
Web & Social Links
| Website | airwayz.co |
| Careers | Careers page |
Locations
HaNechoshet St 3, Tel Aviv-Yafo, Israel
Photos & Videos
7 item(s)
Airwayz Drones Business
Business models
B2G, B2B
Product stage
Released
Employees
11-50
Sector
Aerospace, Defense & HLSDefense & HLS SolutionsUnmanned SystemsAutomotive & Mobility TechnologiesUrban MobilityTarget Customer
Transportation & LogisticsLogisticsTransportation InfrastructureGovernment & CityGovernmentMunicipalitiesReal Estate & ConstructionDevelopmentConstructionCore Technology
Platforms & InterfacesSoftwareArtificial IntelligenceMachine LearningDeep LearningMachinery & RoboticsDronesTags (3)
dronesweb-platformartificial-intelligenceSolutions
{"title":"Ports & Logistics","description":"DronePort Rotterdam is an innovation ecosystem and testing ground for developing and implementing drone applications to enhance safety, efficiency, and sustainability in port operations, positioning the Port of Rotterdam as a leader in smart port technology.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
{"title":"Utilities","description":"Airwayz Drones and Propeller Drones provide BVLOS (Beyond Visual Line of Sight) autonomous drone inspection services, powered by AI software, for critical infrastructure like power lines and substations, as demonstrated by their $7 million contract with the Israel Electrical Company (IEC).","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Aerospace & Logistics","description":"Airwayz provides AI-powered autonomous drone solutions and Unmanned Traffic Management (UTM) systems to enable safe, efficient, and scalable drone operations for various applications including security, logistics, inspection, and emergency services.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
{"title":"Urban Air Mobility & Logistics","description":"Israel's National Drone Initiative (INDI) is a project leveraging Airwayz's AI-powered drone operating system to integrate and manage multiple drone operations in urban airspace, enabling services like delivery, emergency response, and infrastructure inspection.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
Use Cases
Port of Rotterdam - DronePortIEC - Israel Electrical CompanyTel Aviv Samsung Marathon 2022: Short-term UTM/USSPINDI - Israel's National Drone InitiativeGeographic Markets
AfricaAmericasEuropeAsiaAirwayz Drones Financials
Undisclosed
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
Seed
Funding stage
1
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
—Jul 2024
Private Equity Funding
Seed
Jul 2024
Undisclosed
BuiltUp Ventures (BUV), LETA Capital, NextLeap Ventures, Iron Nation, InvestiNation
Airwayz Drones Lifecycle
Cumulative Funding Raised Over Time
—Jul 2024
All Events
Seed
Jul 2024
Undisclosed
BuiltUp Ventures (BUV), LETA Capital, NextLeap Ventures, Iron Nation, InvestiNation
Airwayz Drones News
9 articles
growth-positive
Aaron Kaplowitz: Israel’s hard-won tech can solve New Jersey drones mystery — and protect US skies
The article discusses the increasing threat posed by unidentified flying objects and unmanned aerial systems (UAS) along the East Coast of the United States, highlighting the need for advanced detection and mitigation technologies. Israeli startups, particularly R2 Wireless, have developed cutting-edge systems to detect and neutralize drones, which have been tested in Israels ongoing conflict. R2 Wirelesss technology, capable of identifying drone threats in various environments, has been deployed in Israel and could be beneficial for US air defense systems. The article emphasizes the importance of adopting Israels battle-tested drone defenses to safeguard US airspace. Additionally, NATO has invited R2 Wireless to participate in a counter-UAS exercise, showcasing the potential for international partnerships.
Partners
growth-positive
Propeller Drones, Airwayz and FlightOps team up for Israel’s first BVLOS drone flights | Revolution.aero
Propeller Drones has partnered with Airwayz to execute a $7 million contract with Israel Electric Corporation (IEC) for autonomous drone flights. This collaboration marks the first AI-approved beyond visual line of sight (BVLOS) drone operations in Israel, aiming to enhance airspace optimization and unlock new business opportunities. The partnership also includes FlightOps, enabling the group to apply for tenders and regulatory approvals both locally and globally. This project is significant for the drone industry, as it addresses regulatory hurdles and enhances AI flight capabilities to meet government needs. The collaboration is expected to expand Propeller Drones commercial activities and bring them closer to delivering large-scale operations to organizations.
PartnersCustomers
growth-positive
Propeller Drones, Airwayz and FlightOps collaborate on USD7M BVLOS contract - Unmanned airspace
Airwayz has been selected by Propeller Drones to execute a $7 million contract with the Israel Electric Corporation (IEC) for autonomous uncrewed aerial system operations. The project involves inspecting electrical infrastructure using drones on AI-approved routes beyond visual line of sight. Propeller Drones, in collaboration with FlightOps, has enhanced AI flight capabilities to meet IECs requirements and regulatory standards. Airwayz will provide an uncrewed traffic management system to manage large areas and multiple fleets. This marks the first government-approved operation of drones via a pre-approved UTM system in Israel. The collaboration allows the three companies to apply for tenders and regulatory approvals globally, reducing operational risks by using drones for inspections in hazardous locations.
PartnersCustomers
growth-positive
Propeller Drones and Airwayz Collaborate on $7 Million IEC Contract for BVLOS Autonomous Flights
Propeller Drones has partnered with Airwayz to execute a $7 million contract with the Israel Electric Corporation (IEC) for autonomous drone inspections of electrical infrastructure. This collaboration marks a significant milestone in BVLOS drone operations in Israel, utilizing Airwayzs advanced UTM technology to manage flight operations. The project showcases the potential for expanding autonomous drone technologies across various industries by overcoming regulatory challenges. The partnership with FlightOps further integrates AI capabilities to meet IECs requirements, enhancing the commercial viability of autonomous operations. This initiative not only benefits Propeller Drones but also sets the stage for broader adoption of drone technology in challenging environments, opening up new business opportunities.
PartnersCustomers
growth-positive
Rapid Growth of Flight Requests in Rotterdam’s U-Space Airspace
The U-Space Airspace in Rotterdam has seen a significant increase in operators and flight requests, with more than 50 operators submitting nearly 300 flight requests in the past four months. The Port of Rotterdam is exploring ways to support operators flying near critical infrastructure. The European Aviation Safety Agency (EASA) and the Ministry of Infrastructure and Water Management visited the Port of Rotterdam to discuss practical experiences with the U-Space Airspace prototype. The Port Authority is also looking to assist operators in navigating new rules for flying near critical infrastructure.
CustomersExpand
growth-positive
Airwayz Drones conducts proof of concept demonstration at Ashdod Port
Airwayz Drones successfully carried out a proof of concept demonstration at Ashdod Port in Israel, showcasing their UTM capability to manage multiple fleets of drones. The demonstration was part of an innovation accelerator program at the port. Airwayz UTMs intelligent software allowed for real-time monitoring and situational awareness, enhancing security measures. The companys U-space service providers (USSP) utilize AI-based software to prevent collisions and ensure safety. The demonstration highlighted the potential of Airwayzs UTM system in seaports and critical infrastructures. The impact on the company is growth-positive.
PartnersCustomers
growth-positive
Welcome to the age of the drone
Israeli start-up Airwayz Drones has developed a Dynamic Unmanned Traffic Management System (UTMS) to manage and control fleets of autonomous drones from multiple companies. The system can make autonomous decisions, track drones and manned aircraft, and reroute flights if necessary. Airwayzs UTMS utilizes AI algorithms and innovative technological capabilities to efficiently control large drone fleets. The commercial drone market is projected to grow significantly, and Airwayzs software is expected to facilitate the integration of drones into multiple industries. InvestiNation CEO Eliezer Gross commented that Airwayz is a game changer and their technology is a world first. The companys two-year testing period, which began in March 2021, is proving to be successful.
CustomersPartnersInvestment
growth-positive
Airwayz is reaching for the skies to help drone fleets fly safely
Airwayz, a company that provides real-time autonomous management of multiple drones, is positioning itself as the air traffic controller for drones. The companys technology acts as an AI-based air traffic controller for fleets of drones, ensuring safe and efficient operation in urban areas. Airwayz is currently running a two-year pilot program in Israel, in collaboration with the Israeli Innovation Authority, the Ministry of Transport, and the Prime Ministers Office. The pilot program involves multiple companies operating a total of 20 drones, working independently but collaboratively to avoid collisions. Airwayz aims to work with private companies and local municipalities to ensure the safe and efficient operation of autonomous drone fleets. The company sees potential partnerships with companies like Amazon, as they will need Airwayzs solution to integrate and operate safely in the sky.
PartnersCustomers
growth-positive
Mimicking an air traffic controller, AI orchestrates multiple drones in flight
Israeli startup Airwayz Drones Ltd. has developed software to safely steer multiple drones in the same airspace. The company successfully managed 20 drones from five different companies in a large-scale experiment. The purpose of the experiment is to set standards and regulations for the future use of drones in various industries. Airwayz Drones software is based on cloud-connected AI algorithms that allow drones to interact with each other without human intervention. The company has raised several million dollars from investors and has received a grant from the Israel Innovation Authority. The experiment is being conducted in partnership with various government organizations.
PartnersInvestment
Airwayz Drones Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 38 |
| Team members | 6 |
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Airwayz Drones Internal
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Admin Info
| Confidence | 98/100 |
| Missing | markets |
| BI Verification | Maor Perlov |
| Registrar ID | 516010386 |
| Crunchbase | airwayz-drones |
| Creator | Eyal Zor |
| Creator email | eyal@airwayz.co |
| Last updater | Ayelet Levi Shinebox |
| Updater email | yayhosh@gmail.com |
| Last update | 2023-05-24T00:00:00.000Z |
| Created | 2020-02-09T00:00:00.000Z |
| Claimed | Yes |