Cyviation raises $4m ahead of series A
Aircraft cyber security startup, Cyviation has raised an initial $4m ahead of its series A opening due for 2024.
The firms claims to be the first cybersecurity company focusing on aircraft security by providing “multiple layers of resilience”. These range from fleet assessment and aircrew training to what s knows as aviation SIEM, aka aircraft cyber event management.
Arik Arad, Cyviation’s chairman said: “It’s not a question of if, but when an aircraft will fall prey to a cyber-attack. We must consistently remain ahead of attackers, anticipating and neutralising threats before they manifest.”
It also recently reached commercial stage of what it calls its SkyRay solution ahead of schedule. Cyviation said it is already in talks with commercial airlines, OEMs and regulatory agencies. One pioneer customer is aircraft management and charter firm, Polaris Aviation Solutions.
Michael Santiago, CEO and president of Polaris said: “In an industry lacking cybersecurity solutions, Cyviation provides the technology and tools that are desperately required, especially for business clients more sensitive to their privacy and safety. It is a pleasure to collaborate with an experienced team, and we are looking forward to continuing to innovate together.”
Cyviation’s continuous, non-intrusive fleet assessment capabilities evaluate and map aircraft vulnerabilities. The assessment process includes threat impact analysis, recommended mitigations and cyber resiliency to bolster and safeguard passenger and crew safety from malicious attacks, said the firm.
Cyviation’s CEO, Avi Tenenbaum, added: “n a world where cyber threats are ever-present and regulatory measures continuously evolve, our mission is to provide the aviation sector with unparalleled cybersecurity defences.”