Cyviation, the cybersecurity company focusing on aircraft security by providing multiple layers of resilience ranging from fleet assessment and aircrew training to Aviation SIEM - aircraft cyber event management, has raised an additional $4 million. This funding is part of a larger round and is expected to enter Series A by H1 2024.
The company recently announced it has reached the commercial stage of its SkyRay solution ahead of plan and is already engaged with multiple industry players, from commercial airlines to OEM, manufacturers, and regulatory agencies. One of the companies adopting Cyviation's SkyRay solution is Polaris Aviation Solutions, a global aircraft management, charter, and project management company.
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."
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.
Michael Santiago, CEO and President of Polaris Aviation Solutions, 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.