An Open Letter from HAZON Solution's CEO, Dave Culler on PrecisionHawk Acquisition
Dear Valued Customers, Prospective Clients & UAS Community,
I’m very happy to let you know that three leading companies with expertise in the energy and infrastructure marketplace have decided to join forces. Today we’ve announced that PrecisionHawk has acquired both HAZON and InspecTools Inc – we’ll be working together to elevate the drone industry to the next level.
PrecisionHawk is a leading provider of drone-based aerial intelligence software, hardware, and services. Both HAZON and InspecTools are companies that specialize in drone-based solutions for the energy market. Combined with PrecisionHawk we will enable businesses to scale drone programs from "one-off" flights to fully-integrated aerial intelligence systems.
A few important notes:
- You’ll still have the assurance of HAZON’s safe, secure, and compliant standards-based operations, strengthened by the power of cutting-edge analytics technology and the experience of an industry leader.
- The HAZON team will remain intact, leveraging PrecisionHawk’s expanded portfolio, experience and structure of a larger company. I will be joining the PrecisionHawk Executive Team as the General Manager for the Energy and Utility marketplace. I can assure you that our team of professionals will continue to emphasize safety, standards and execution at the level you’ve come to know and expect. Together with PrecisionHawk and InspecTools, we are elevating what is possible by providing extensive capabilities and leading-edge technologies to advance business solutions and improve the reliability of critical infrastructure.
Learn More about PrecisionHawk
PrecisionHawk, the leading provider of drone technology for the enterprise, helps businesses elevate intelligence. From flights and analysis, to reporting and delivery, they deliver drone-based solutions that strengthen the data value chain. PrecisionHawk’s client list includes Fortune 500 companies and market leaders in 150 countries, spanning a range of industries, including agriculture, energy, insurance, government and construction. To date, PrecisionHawk has raised more than $100 million from leading venture capital firms including Third Point Ventures and Millennium Technology Value Partners, with strategic investments from enterprise customers and partners including Comcast Ventures, DuPont, Intel Capital, NTT Docomo, and Yamaha Motor. The company, founded in 2010, is privately held and headquartered in Raleigh, NC. More information about PrecisionHawk can be found at www.precisionhawk.com or on Twitter @PrecisionHawk.
Learn More about InspecTools
InspecTools delivers high-fidelity machine vision software and data analysis systems to renewable energy clients. Their market-leading software for both solar panel and wind turbine inspection is used by some of the largest equipment manufacturers and service providers in the world, including Vestas, PG&E, and SMA Solar.
Service to our customers and partners will remain HAZON’s top priority as we join PrecisionHawk in their mission to elevate your business intelligence. I hope you share my excitement on this announcement, we look forward supporting your requirements as we positively shape the future together.
David A. Culler Jr. CAPT, USN (ret)
Read full press release here