Cyberhawk Innovations

Aberdeen, United Kingdom Industrial & Manufacturing Acquired

Cyberhawk Innovations is a global leader in industrial drone inspection and aerial data management. Founded in 2008 by Malcolm Connolly, the company pioneered the use of unmanned vehicles for inspecting high-risk industrial assets. Cyberhawk delivers safer, smarter asset inspections through expert drone services and the iHawk cloud-based SaaS platform for visual asset management. With over 500,000 drone flights across 40+ countries and 300+ customers, Cyberhawk serves asset-intensive industries including oil, gas, power generation, renewables, and utilities. The company achieved 55% revenue growth to $28.7 million in FY 2024.

Acquired

Cyberhawk Innovations has been acquired

Acquired by Ondas Inc. Aug 10, 2026 ~$125M

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2008

Employees

201–500

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

1 signal
M&A Recent Search summaries: $118.2M cash plus 581,732 Ondas shares (not confirmed on opened page) 2026-08-10

Ondas (Nasdaq: ONDS) completed its acquisition of Cyberhawk, drone-enabled inspection and visual data management provider

Company now owned by public acquirer; no standalone secondary liquidity expected

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 10-03-2026

DateRoundAmount RaisedValuationLead Investors
Mar 28, 2019 Buyout / Equity — — Magnesium Capital, BMO Global Asset Management

Prominent Investors

Scottish Equity Partners Scottish Equity Partners (SEP) Scottish Investment Bank

Leadership

  • Malcolm Connolly

    Founder & Technical Director

    LinkedIn
  • Chris Fleming

    Chief Executive Officer

    LinkedIn
  • Matt Zafuto

    Chief Commercial Officer

  • Nick Stewart

    Chief Information Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Percepto

    AI-powered autonomous drone platform for industrial infrastructure inspection

  • Aeryon Labs

    Tactical unmanned aircraft systems for industrial inspection

  • Skydio

    AI-powered autonomous drone platform with enterprise software

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