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Dual-use airspace security company tripled revenue in 2023 to secure first appearance on competitive list and No. 8 among all security companies
STERLING, Va., August 13, 2024 – Dedrone, the global leader in airspace security, today announced its inclusion on the highly competitive 2024 Inc. 5000 list of America’s fastest-growing private companies, appearing at No. 680 overall and No. 8 overall among security sector companies. For its first-ever appearance, Dedrone launched into the top 1,000 companies by increasing its revenue 696% over a three-year period, despite a turbulent economy. Its growth rate is more than triple the median growth rate of 208% across all 5,000 companies. Inc.’s data-driven approach has previously honored companies like Microsoft, Meta and Oracle, and Dedrone now joins this prestigious group of alumni.
Dedrone’s explosive growth has been fueled by its dual-use technology, suitable for both civilian and military applications. The company tripled its revenue in 2023 in part by closing 16 major defense contracts globally, and now protects over 850 sites from drone-based threats across the globe. In 2023, the company announced:
“This honor from Inc. is a testament to the Dedrone’s commitment to leading the way in airspace security and our passion to bring the most advanced technology including AI/ML to solve hard problems in public safety and national security. Today, it is a necessity to stop bad drones from wreaking havoc and unlocking the true potential of good drones to positively impact our world. Every decision we make and every product we release, serves that mission. Our customers have rewarded that emphasis on excellence and execution,” said Aaditya Devarakonda, CEO of Dedrone. “We offer our congratulations to the other companies on the list.”
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. Dedrone’s recognition on the Inc. 5000 continues a string of significant accolades for the company, including a TIME Best Invention award, CNBC Disruptor 50 for two years running, Most Innovative Company in Security by Fast Company and Best Place to Work by Built In.
Dedrone is implemented across 32 countries and is used by six of the G-7 nation governments; 851 sites, including 49 airports and 61 stadiums; 15 US federal entities and 23 non-US governments. The company actively provides counter-drone solutions for some of the most high-profile events and organizations, working with public safety entities to protect over 360 sites globally. It is the first counter-drone company to earn Support Anti-Terrorism by Fostering Effective Technologies Act of 2002 (SAFETY Act) Designation status from the Department of Homeland Security (DHS).
Dedrone is the world’s leader in smart airspace security. Hundreds of commercial, government and military customers around the world rely on Dedrone’s comprehensive, command and control (C2) solution to protect against the persistent and escalating threat from drones while enabling “good” drones to fly. By leveraging AI/ML, Dedrone is the only solution that provides continuous, autonomous drone interrogation and verification that enables both multi-sensor and multi-mitigation options onto a single "pane-of-glass". Whether on-premise/air-gapped or in the cloud, Dedrone customers can easily detect, track, identify, analyze and mitigate drone threats.
Established in 2014, Dedrone is headquartered just outside of Washington, D.C., and has offices in San Francisco, CA, Phoenix, AZ, Westerville, OH, Bristol, United Kingdom, Odense, Denmark and Kassel, Germany. The company has been named a CNBC Disruptor 50 company, appeared on the Silicon Valley Defense Group NatSec 100 list, and was most recently named one of Fast Company’s Most Innovative Companies in the security sector. To reach our airspace security experts, visit https://www.dedrone.com/about/contact-us and follow us on X, Vimeo, and LinkedIn.
Songue PR for Dedrone
dedrone@songuepr.com
