Caterpillar Ventures Invests in Airware to Advance Work Site Intelligence through Aerial Data at Scale

Airware, which provides end-to-end solutions that turn aerial data into actionable business intelligence for enterprises, announced today that it has secured a strategic investment from Caterpillar Ventures. The investment allows Airware to accelerate programs that enable dealers to offer solutions and services within the construction, mining, and quarrying industries, and highlights Caterpillar’s commitment in leading the Industrial Internet of Things (IIoT).

“This investment is a continuation of Caterpillar’s commitment to help our customers be more productive and make improved business decisions,” said George Taylor, Caterpillar Chief Marketing Officer & Vice President of the Marketing and Digital Division. “In collaboration with Airware, we are better positioned to offer drone services through industry-leading technology that helps digitize and optimize operations.”

In September of 2016, Airware acquired Redbird, a drone analytics pioneer, to bring to market the most powerful commercial drone solution for mining and aggregates. Today, teams from around the world are using the Airware Redbird solution to monitor day-to-day progress of their sites to improve productivity, worker safety, and operational efficiency.

Caterpillar dealers will be able to offer their customers drone services and analytics, including a core set of photogrammetry, mapping, and volumetrics tools, and a suite of advanced analysis and reporting modules. Caterpillar dealer Bergerat Monnoyeur to be among the first dealers.

Greg Arranz, General Manager, SITECH at Bergerat Monnoyeur added: “We are committed to bringing cutting-edge technology and world-class services to our customers. Airware is an established leader in putting drones to work for mining, construction, and quarrying. They understand the needs of our customers, what it takes to scale operations, and the importance of offering industry-specific analytics to drive better decision making. We’re proud to bring Airware to our customers.”


Company Info

  • Caterpillar Inc.

    100 North East Adams Street
    Peoria , IL
    US , 61629

    For more than 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2016 sales and revenues of $38.537 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments - Construction Industries, Resource Industries and Energy & Transportation - and also provides financing and related services through its Financial Products segment

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