FLIGHTWAVE AEROSPACE SYSTEMS CORP

Santa Monica, CA · Aerospace · Acquired by Red Cat Holdings, Inc. (2024)

Unmanned aerial systems (drones) with advanced autonomous flight technology

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Updated Oct 23, 2026

Sector: Aerospace
Headquarters: Santa Monica, CA
Total capital: $4.5M

Federal grants: $1.9M; 2 awards · 2019–2024; Rank in peer group#6 of 91
Private capital raised: None on recordNo Form D filings on SEC EDGAR. Some raises are not filed.
Federal contracts: $2.6M; 14 awards · Commerce, Homeland Security, Defense; Rank in Aerospace#449 of 1335
Granted patents: None on recordNo USPTO grants. Applications publish after 18 months.

Capital timeline

Latest events

Sep 2024Federal contractDefense · Edge 130 Blue Pro Kit Drone Along With Spare Kits, And Training.$151K
Sep 2024Federal contractDefense · Pkb - Drones - Soccent$71K
Aug 2024Federal grantDefense · Phase II · Flightwave EDGE-130 Vtol UAS Tacfi$1.9M
Aug 2024Federal contractDefense · Flightwave The Edge 130 Blue$35K
Aug 2024Federal contractDefense · 673 Sfs Unmanned Aerial System (drone)$36K
Jul 2024Federal contractDefense · Flightwave Edge 130 UAS$39K
Jun 2024Federal contractDefense · Flightwave EDGE-130 Vtol UAS Tacfi$1.9M

Show 8 earlier federal awards

May 2024Federal contractEnergy · Procure Two (2) Edge 130 Blue Pro Kit Unmanned Aircraft Systems (UAS) Edge 130 Blue Pro Kit - With OVERWATCH2. Part #6100-0002-04. For The Office Of Secure Transportation's (ost) Operations.$60K
Apr 2024Federal contractDefense · Flightwave Edge 130 Surveillance Drone For Security Forces$36K
Sep 2023Federal contractCommerce · 1 Edge 130 Enterprixe Fixed Wing UAS Starter Package, With Overwatch Gimbal Payload$30K
Aug 2023Federal contractDefense · Flightwave Surveillance Drone$31K
Aug 2023Federal contractCommerce · Purchase Of Two Flightwave Edge 130 Pro UAS Kits And Accessories With Non-personal Service Component For Training Of Pilots. Base Quantity$60K
Jul 2023Federal contractHomeland Security · Drone For Testing And Evaluation Purposes$64K
Sep 2021Federal contractCommerce · Flightwave Edge 130 Drones$66K
Aug 2019Federal grantDefense · Phase I · Open Call for Innovative Defense-Related Dual-Purpose Technologies/Solutions with a Clear Air Force Stakeholder Need$50K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

1 record has no date or no amount, so it isn’t placed on the timeline.

Standing among 91 peers

Line = median

Aerospace · Device

Federal grants#6 · top 7%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

No founders are linked to this company yet.

Founders appear once a person is matched to the company through its own patents, grants or filings. We never infer people from social profiles.

Checked: USPTO inventors; federal award principal investigators; SEC Form D related persons · Oct 23, 2026

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What it has protected

No granted patents are on record.

USPTO usually publishes applications 18 months after filing, so recent applications may not be visible yet. Patents assigned under a different entity name won’t match.

Checked: USPTO granted patents and published applications · Oct 23, 2026

SKYFRONT CORPSimilar federal contract value in Aerospace · $2.6M in contracts
POLYCHARGE AMERICA, INCSimilar federal contract value in Aerospace · $2.6M in contracts
VENUS AEROSPACE CORP.Similar federal contract value in Aerospace · $2.6M in contracts
EPITOME RESEARCH AND INNOVATIONS INC.Similar federal contract value in Aerospace · $2.5M in contracts
MATERIALS & TECHNOLOGIES CORPSimilar federal contract value in Aerospace · $2.5M in contracts
Systima Technologies, Inc.Similar federal contract value in Aerospace · $2.5M in contracts

Regulatory activity · Aerospace

Sector-level, not company-level

06 Jul 2026Nondiscrimination in Federally Assisted Programs of NASA-Effectuation of Title VI of the Civil Rights Act of 1964National Aeronautics and Space Administration
01 Jul 2026Special Conditions: AMAC Aerospace, The Boeing Company Model 747- 8 Airplane; Side-Facing SeatsFederal Aviation Administration
26 Jun 2026Standard Instrument Approach Procedures, and Takeoff Minimums and Obstacle Departure Procedures; Miscellaneous AmendmentsFederal Aviation Administration
23 Jun 2026Operating Limitations at John F. Kennedy International AirportFederal Aviation Administration
23 Jun 2026Operating Limitations at New York LaGuardia AirportFederal Aviation Administration
18 Jun 2026Special Conditions: Honeywell Aerospace US LLC, Dassault Aviation Model Falcon 900EX Airplane; Electronic System Security Protection From Unauthorized External AccessFederal Aviation Administration

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through Oct 23, 2026. SBIR and STTR awards through Oct 21, 2026.