# Shearwater Aerospace

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shearwater-aerospace

- Industry: Software
- Headquarters: Montreal, Canada
- Website: www.shearwater.ai/
- Total disclosed funding: $3M
- Latest round: Seed (Feb 19, 2026)
- Investors on record: 1

## About

Shearwater Aerospace Inc., based in Canada, specializes in advanced software solutions for unmanned aerial vehicles (UAVs), enhancing operational efficiency through innovative AI-driven technology.Founded in 2018 in Montreal, Canada, Shearwater Aerospace Inc. focuses on software solutions for UAVs. In its two funding rounds, the company raised a total of USD 3.00 mn in Seed funding from TandemLaunch, marking its growth trajectory in the aerospace sector.Shearwater Aerospace specializes in providing advanced software solutions for unmanned aerial vehicles (UAVs), primarily through its flagship product, Smart Flight™. This platform harnesses artificial intelligence to optimize flight planning and operational efficiency, facilitating extended mission range and endurance without necessitating hardware modifications. The Smart Flight™ platform addresses critical operational challenges such as manual flight planning, limited flight endurance, and the need for real-time adaptability in dynamic environments, ultimately enhancing overall mission outcomes. The company serves a diverse client base, including defense contractors, commercial drone operators, and logistics providers, primarily in North America, Europe, and select markets in Africa. By integrating with industry-standard drone systems such as PX4 and Ardupilot, Shearwater Aerospace allows for seamless adoption of its technology across various geographical markets, thereby improving operational capabilities for its users.Shearwater Aerospace generates revenue through a subscription-based model tied to its Smart Flight™ platform, providing access to its suite of AI-driven operational tools and mission planning features. Clients typically engage through direct partnerships, which may involve tailored agreements based on the scale of operations and specific needs of the end-users. Transactions are structured around service agreements that include ongoing support and software updates, ensuring compliance with evolving regulatory standards and operational requirements. Pricing plans are determined based on the customizability and integration requirements of the services provided, particularly for defense and commercial applications. The revenue model reflects the value added through enhanced UAV performance and operational efficiency for clients engaged in sectors like defense, logistics, and environmental monitoring.Shearwater Aerospace Inc. plans to further enhance its Smart Flight™ platform by developing new products aimed at improving UAV capabilities. In addition, the company is targeting expansion into markets across Europe and Africa by the end of 2024. Recent funding from TandemLaunch will support these initiatives and enable the development of new features to meet evolving customer needs.

## Funding rounds

- Seed, Feb 19, 2026, $3M — TandemLaunch

## Investors

- TandemLaunch (https://capitalatlas.ai/funds/tandemlaunch) — Seed