Dryad Networks

Dryad Networks

Ultra-early fire detection systems of wildfires as well as health and growth monitoring solutions for public and private forests.

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Financials

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Revenues, earnings & profits over time
EUR2020202120222023
Revenues0000000000000000
% growth---129 %
EBITDA0000000000000000
% EBITDA margin--(30 %)-
Profit0000000000000000
% profit margin--24 %-
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x

Source: Company filings or news article, Dealroom estimates

More about Dryad Networks
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Dryad is a startup that operates in the environmental technology sector, providing innovative solutions for forest fire detection and forest health monitoring. The company serves both public and private forest owners, offering them actionable information and tools to protect and manage their forests effectively.

Dryad's business model revolves around the use of a large-scale Internet of Things (IoT) network of sensors. These sensors are deployed across forests, where they continuously monitor conditions and provide early detection of wildfires, particularly during the critical smoldering phase. The sensors also gather data on forest health and growth, which is then analyzed and presented to forest owners.

The company's technology is based on LoRaWAN, a leading standard for long-range IoT networks. This allows Dryad to integrate with a wide range of third-party wildfire sensors, extending the range of data provided to their analytics platform. The company's open industry standards approach means there is no single-vendor lock-in, making it a flexible solution for forest owners.

Dryad's distributed architecture supports millions of low-cost sensors, enabling large-scale deployments across countries or even continents. The data collected is analyzed using cloud-based big data tools, providing monitoring and alerting services.

The company generates revenue by selling its sensor networks and data analytics services to forest owners. By providing early detection of wildfires and valuable insights into forest health, Dryad helps its clients protect their valuable natural resources and potentially save on costs related to fire damage and forest management.

Keywords: Forest Fire Detection, Forest Health Monitoring, IoT, LoRaWAN, Sensor Networks, Big Data Analytics, Environmental Technology, Wildfire Prevention, Forest Management, Natural Resource Protection.

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