Caterpillar Supports Acquisition and Continues Marketing Agreement with Airware, Airware Launches European Office in Paris
SAN FRANCISCO - September 22, 2016 - Today Airware, the commercial drone solutions provider working with some of the largest Fortune 500 companies in the U.S., announced the acquisition of Redbird, a France-based pioneer in drone data analytics for mining, quarrying, and construction industries. Redbird brings sophisticated geospatial analytics to the Airware Aerial Information Platform, providing customers with the combined power of Redbird's industry-specific analytics and Airware's enterprise-focused workflow, compliance, and security features that Fortune 500 companies are using to scale drone operations. Together, Airware and Redbird provide the most complete offering for construction sites, mines, and quarries to help digitize and optimize operations.
“Construction and excavation sites, such as mines and quarries, must be managed and operated digitally in order to compete in today's markets. Commercial drone technology brings these operations into the digital world while offering faster, cheaper and higher-quality data and analytics,” said Jonathan Downey, founder & CEO of Airware. “By acquiring Redbird and incorporating Redbird's powerful analytics tools on top of the Airware platform, we are helping these enterprises make this transition into the digital age."
With Airware and Redbird’s combined solution, mining, aggregates, and construction companies benefit from 100X more data, and potentially 5X faster turnaround on data analytics. Customers can plan drone flights, capture high-quality aerial data, analyze it, and create detailed, survey-grade mining and construction site maps of up to 1,000 acres per day, per drone, for immediate and exact production tracking and site safety assessment.
“Before working with Redbird, we needed about five days to survey our sites. Today, once the drone has flown over our quarries, I’ll get the production data the next morning.” said Vincent Amossé, Deputy CEO, Groupe CB - Aggregates Division. "When we started using Redbird and saw the immediate impact on our business, we wanted a way to scale our use of drones to more frequent surveys across more sites. Now with Airware, we can access an end-to-end enterprise solution that enables us to manage our entire drone operations from planning and worker management, to repeatable data capture, and analysis and reporting."
“Airware is a company that provides complete drone solutions to enterprise customers. In joining the Airware team, we will be able to rapidly provide complete solutions to the mining, quarrying, and construction industries, allowing us to expand globally into the U.S. market,” said Emmanuel de Maistre, co-founder and CEO of Redbird. “There’s never been a more exciting time for this partnership to take place as building materials companies and contractors are no longer experimenting with drones, but are looking to put drones to work for their businesses.”
Redbird Continues Marketing Agreement with Caterpillar
In addition, in May 2016 Caterpillar Inc. and Redbird expanded the geographic scope of the previously announced marketing agreement in response to greater than expected customer interest. Under this expanded agreement, Redbird’s data analysis and reporting tools are now offered to Caterpillar customers worldwide, instead of only in Europe, Africa and the Middle East. With Airware and Redbird, Caterpillar will advance site intelligence and machine productivity through high-quality aerial data and analytics for their customers and dealers.
“Airware’s acquisition of Redbird increases Caterpillar dealers’ solutions offerings by enhancing their ability to provide an end-to-end enterprise drone solution globally, helping our customers maximize productivity, work smarter, and optimize operations,” said George Taylor, vice president with responsibility for Marketing and Digital at Caterpillar. “By working with leading companies in their fields, we help create value for our customers and provide a competitive edge.”
Airware Expands to Europe
Redbird’s Paris, France, office will become Airware’s European Headquarters. The Paris-based team will continue to build analytics applications while also supporting Airware’s new integrated solutions for European-based customers and partners.
“Over the last six months, our customer base has grown to include European enterprises. With the Paris-based office, we’ll support our existing European customers, as well as meet the growing global demand for commercial drone technology,” said Downey.
James Loftus of JQJ Partners acted as strategic advisor to Airware in connection with the transaction.
Downey discusses the news in a blog post on Medium.
Founded in 2011, Airware offers complete enterprise drone solutions built on the industry’s most comprehensive hardware, software, and cloud services platform. Airware’s leading set of technologies enables enterprises to plan, fly, and analyze aerial data to drive business outcomes including operational cost savings, enhanced worker safety, and improved decision making. Airware has raised more than $90 million to date from investors including Andreessen Horowitz, First Round Capital, GE Ventures, Google Ventures, Intel Capital, John Chambers, Kleiner Perkins Caufield and Byers, and Next World Capital. Airware is headquartered in San Francisco, CA with offices in Paris, France. For more information, go to Airware.com or follow Airware on Twitter: @Airware.
Founded in 2013, Redbird is a Paris-based company that develops one of the most advanced solutions to collect, process and deliver drone data for construction sites, quarries, mines and landfills. Redbird has built a dedicated collaborative cloud platform that enables its customers to easily access and interact with drone information anytime, anywhere. Major construction and quarrying companies are now turning to Redbird’s solution to monitor and improve their productivity, and maintain the highest level of safety on their sites. In late 2015, Redbird signed a strategic and technologic partnership with Caterpillar, the world's leading manufacturer of construction and mining equipment. Visit Redbird’s website: Getredbird.com or follow Redbird on Twitter: @redbirdHQ for further information.