Hovering Solutions
Developed robots capable of flying autonomously in environments where global navigation satellite system is not available.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
€50.0k | Support Program | ||
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 100 % | 400 % | 60 % | (20 %) | - | 56 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | 7 % | - | 1 % | (6 %) | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | 5 % | - | - | (5 %) | (27 %) | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Hovering Solutions is a cutting-edge technology startup specializing in the development and deployment of Unmanned Aerial Vehicles (UAVs), commonly known as drones. The company focuses on providing advanced engineering solutions that leverage drone technology to enhance business operations across various industries. Hovering Solutions primarily serves clients in the mining, construction, and infrastructure sectors, offering innovative applications such as automated surveys, construction monitoring, and indoor scanning.
Operating in the rapidly growing drone technology market, Hovering Solutions distinguishes itself by offering customized solutions tailored to specific client needs. For instance, their drones are capable of navigating challenging environments like tunnels and sewer pipes where traditional GPS signals are ineffective. This capability is particularly beneficial for tasks such as penstock inspections, ore pass 3D mapping, and vegetation volume measurement in mining activities.
The company's business model revolves around the development, sale, and integration of drone systems into existing client operations. They make money by selling these specialized drones and offering ongoing support and customization services. Additionally, Hovering Solutions provides data management solutions, enabling clients to gather and upload data directly to remote servers, integrating seamlessly with existing systems like SCADAs (Supervisory Control and Data Acquisition), IoT (Internet of Things) platforms, and BIM (Building Information Modeling).
By focusing on high-definition 3D textured models and survey-grade point clouds, Hovering Solutions ensures that clients receive accurate and reliable data, significantly improving the efficiency and consistency of their tasks. The company’s ability to adapt its technology to various applications makes it a valuable partner for businesses looking to incorporate advanced drone solutions into their operations.
Keywords: Drone Technology, UAV, Automated Survey, Construction Monitoring, Indoor Scanning, Mining, Infrastructure, Data Integration, Custom Solutions, Engineering.