Flyability SA
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Flyability SA - overview
Established
2014
Location
-, -, Switzerland
Primary Industry
Electronics
About
Flyability SA is a Swiss company specializing in the development of drones for confined space inspections, enhancing safety and efficiency during challenging operational environments. Founded in 2014 in Switzerland, Flyability SA focuses on creating innovative drone technology for confined space inspections. The company was founded by Adrien Briod, who has a background in technology and entrepreneurship. Flyability has secured a total of CHF 15.
000 mn through three funding rounds, with the latest being a Series C round led by SBI Investment and including other investors like Cargill Ventures and Chevron Technology Ventures. The company operates from its headquarters in Lausanne, Switzerland. Flyability specializes in the development of drones designed specifically for confined space inspections, with their flagship product being the Elios 3. This drone enhances safety and efficiency during inspections in environments such as oil and gas facilities, maritime applications, and nuclear infrastructure.
The Elios 3 features collision-tolerant technology, allowing it to operate effectively in dark and complex spaces. Flyability's drones are used across various industries, resulting in significant reductions in inspection downtime and costs, with clients reporting savings up to 90%. The company serves an extensive client base in over 68 countries, supported by a network of more than 50 distributors worldwide. Flyability generates revenue primarily through the sale of its drones and associated accessories, software, and training services, focusing on B2B transactions.
Clients typically purchase the Elios 3 along with various payload options tailored for specific inspection needs. The company engages in direct sales and partnerships with distributors, ensuring broad availability of its products. While specific pricing models for the Elios 3 and its accessories are not disclosed, customers are generally expected to see a return on investment within the first year of utilizing the drone technology. Additionally, Flyability offers training and support services to enhance the integration of drone inspections into operational workflows.
Flyability plans to enhance its product line with the development of new drone models designed for even more specialized inspection tasks. The company is also targeting expansion into new geographic markets, particularly in Asia and North America, by 2025. The recent funding from Kinled Holding will support these initiatives by providing resources for product development and market entry strategies.
Current Investors
ETF Partners, The Dow Chemical Company, MKS PAMP
Primary Industry
Electronics
Sub Industries
Electronics, Analytics & Performance Software, Application Integration Software
Website
www.flyability.com/
Verticals
Cloud Computing, Manufacturing, Robotics
Company Stage
Series C
Total Amount Raised
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