OpenWorks Engineering Overview
- Year Founded
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2015
- Status
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Private
- Employees
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100
- Latest Deal Type
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Grant
- Latest Deal Amount
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$591K
- Investors
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1
OpenWorks Engineering General Information
Description
Developer of security and counter-terrorism products intended for providing kinetic targeting and surveillance technologies. The company offers a handheld drone capture system providing the capability to protect critical sites and vulnerable points from the threats posed by commercially available drones, enabling the defence sector with enhanced stabilisation for on-the-move targeting and fire control.
Contact Information
Website
www.openworksengineering.comCorporate Office
- 5 Regents Drive
- Prudhoe NE42 6PX
- England, United Kingdom
Corporate Office
- 5 Regents Drive
- Prudhoe NE42 6PX
- England, United Kingdom
OpenWorks Engineering Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Grant | 01-Sep-2024 | $591K | Completed | Generating Revenue | ||
| 4. Grant | 30-Aug-2022 | Completed | Generating Revenue | |||
| 3. Angel (individual) | 21-May-2019 | Completed | Generating Revenue | |||
| 2. Angel (individual) | 14-Oct-2016 | $756K | $904K | Completed | Startup | |
| 1. Angel (individual) | 04-Apr-2016 | $147K | $147K | Completed | Startup |
OpenWorks Engineering Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary H | ||||||||
| Ordinary H | ||||||||
| Ordinary B | ||||||||
| Ordinary B | ||||||||
| Ordinary B | 2,715 | $0.194087 | $21.47 | $21.47 | 1x | $21.47 | 2.04% | |
| Ordinary B | 3,311 | $0.194087 | $17.95 | $17.95 | 1x | $17.95 | 2.49% |
OpenWorks Engineering Comparisons
Industry
Financing
Details
OpenWorks Engineering Competitors (13)
One of OpenWorks Engineering’s 13 competitors is Detect (Aerospace and Defense), a Corporation company based in Panama City, FL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Detect (Aerospace and Defense) | Corporation | Panama City, FL | ||||
| WhiteFox | Venture Capital-Backed | San Luis Obispo, CA | ||||
| Skydio | Venture Capital-Backed | San Mateo, CA | ||||
| Chess Dynamics | Formerly PE-Backed | Horsham, United Kingdom | ||||
| Navtech Radar | Corporate Backed or Acquired | Wantage, United Kingdom |
OpenWorks Engineering Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
OpenWorks Engineering Patents
OpenWorks Engineering Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| GB-201811250-D0 | Jamming remote object | Active | 09-Jul-2018 | ||
| GB-2576865-A | Jamming remote object | Active | 09-Jul-2018 | ||
| GB-2576865-B | Jamming remote object | Active | 09-Jul-2018 | ||
| GB-201802445-D0 | Calibration of object position-measuring apparatus | Inactive | 14-Feb-2018 | ||
| GB-2573090-A | Calibration of object position-measuring apparatus | Inactive | 14-Feb-2018 | G01C15/00 |
OpenWorks Engineering Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
OpenWorks Engineering Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Innovate UK | Government |
OpenWorks Engineering FAQs
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When was OpenWorks Engineering founded?
OpenWorks Engineering was founded in 2015.
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Where is OpenWorks Engineering headquartered?
OpenWorks Engineering is headquartered in Prudhoe, United Kingdom.
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What is the size of OpenWorks Engineering?
OpenWorks Engineering has 100 total employees.
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What industry is OpenWorks Engineering in?
OpenWorks Engineering’s primary industry is Aerospace and Defense.
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Is OpenWorks Engineering a private or public company?
OpenWorks Engineering is a Private company.
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What is OpenWorks Engineering’s current revenue?
The current revenue for OpenWorks Engineering is .
-
How much funding has OpenWorks Engineering raised over time?
OpenWorks Engineering has raised $2.2M.
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Who are OpenWorks Engineering’s investors?
Innovate UK has invested in OpenWorks Engineering.
-
Who are OpenWorks Engineering’s competitors?
Detect (Aerospace and Defense), WhiteFox, Skydio, Chess Dynamics, and Navtech Radar are some of the 13 competitors of OpenWorks Engineering.
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