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WNWD Windward Ltd

208.00
62.00 (42.47%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Windward Ltd LSE:WNWD London Ordinary Share IL0011809428 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  62.00 42.47% 208.00 207.00 209.00 210.00 176.75 210.00 1,404,250 11:00:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services 28.33M -8.99M -0.1014 -20.51 129.44M

Windward Ltd. Windward Launches Advanced Intelligence

04/11/2024 7:00am

RNS Non-Regulatory


RNS Number : 7832K
Windward Ltd.
04 November 2024
 

REACH

4 November 2024

Windward Ltd.

("Windward", "the Company")

Windward Launches Advanced Intelligence

New solution provides law enforcement and intelligence agencies with an end-to-end solution incorporating early detection, automated target generation, and streamlined investigation workflows to enhance maritime safety and security

 

Windward (LON: WNWD), a leading Maritime AI company, is pleased to announce the launch of Advanced Intelligence, an AI-powered solution equipped with a comprehensive suite of features designed to empower intelligence and security organisations to uncover and handle threats more efficiently.

Today's launch aggregates a number of Windward's recently launched AI-powered products into a single end-to-end solution specifically targeted for law enforcement and intelligence agencies, providing Windward with increased ability to target this significant market.

As the intelligence and security communities face growing maritime threats - including rising attacks on commercial vessels, illegal fishing in exclusive economic zones, drug smuggling, and escalating piracy - the urgent need for advanced tools to identify and respond to emerging risks has never been more critical.

By managing all aspects of the investigative process within one platform, Windward believes that  Advanced Intelligence will markedly reduce time and resources needed to conduct thorough investigations. The solution enables actors to make informed decisions more quickly, and improves how intelligence is gathered and analysed by centralising workflows directly on-screen. 

Launched at EURONAVAL 2024, the world's leading naval defence exhibition, Advanced Intelligence is now available to all customers via an additional SaaS based licence fee, enabling further potential growth in ACV per customer.

Ami Daniel, Co-Founder and CEO of Windward, commented:

 

"The events of the past year have demonstrated that the protection of the maritime domain is a top priority. We are acutely aware that unexpected 'Black Swan' events are now commonplace, and we need to adapt accordingly.

 

Our Advanced Intelligence solution is purposefully designed to empower the intelligence and defence community with cutting edge AI and Gen AI technologies providing them the tools they need to stay ahead of emerging risks and facilitate more efficient investigation cycles. With this innovation, we aim to make the seas safer for everyone-protecting not only national security interests but also the continuity of global trade."

 

About Advanced Intelligence:

Windward's Advanced Intelligence incorporates several existing differentiated  capabilities, including Early Detection, a recently launched AI-based solution that analyses vast maritime data to uncover irregularities, Organization Defined Risk (ODR) and Sequence Search, which enable users to establish their own risk parameters and search for patterns across up to six different activities in a single query.

The solution also offers users daily satellite imagery provided by Planet Labs. This powerful combination of tools accelerates decision-making, enabling intelligence agencies to focus their investigations with greater precision.

The solution also integrates MAI Expert™, Windward's Gen-AI virtual analyst. MAI Expert™ serves as a maritime specialist who provides the context of suspicious activities, such as sanctions evasion, illegal trafficking, or fishing. By providing timely, actionable intelligence, MAI Expert empowers users to not only identify suspicious behaviour but also understand the broader context and take swift and informed action. This allows analysts from non-maritime related defence or intelligence agencies the background and knowledge to understand and deal with complex maritime incidents.

Users can register new risk profiles and behavioural anomalies to identify additional vessels with similar patterns. Furthermore, the platform allows for the continuous monitoring of these behavioural profiles, integrating them into the organisation's process to facilitate early detection in future cases.

Windward's Maritime AI technology is powered by advanced machine learning and behavioural analytics models, utilising billions of data points to provide valuable insights into vessel behaviours, and ownership structures, and predict in real-time which vessels are likely to be involved in illicit activities.

 

Windward believes its solution is the global standard in maritime domain awareness, enabling government bodies across the globe to protect their borders, national interests, and citizens, by bringing visibility to the opaque maritime environment.

For more information, please contact:

Windward

Via Alma

Irit Singer, CMO




Canaccord Genuity (Nominated Adviser & Broker)

+44(0)20 7523 8000

Simon Bridges / Andrew Potts




Alma Strategic Communications

+44(0)20 3405 0205 

Caroline Forde / Kieran Breheny / Will Merison


 

About Windward

Windward (LSE:WNWD), is a leading Maritime AI™ company, providing an all-in-one platform to accelerate global trade. Windward's AI-powered decision support and exception management platform offers a 360° view of the maritime ecosystem and enables stakeholders to make real time, predictive intelligence-driven decisions to achieve business and operational readiness.

Windward's Maritime AI supports companies across industries. The company's clients range from oil supermajors, freight forwarders, and port authorities, to banks, shippers, insurers, and governmental organizations.

For more information visit: https://windward.ai/.

Reach

This is a Reach announcement and the information contained is not considered to be material or to have a significant impact on management's expectations of the Company's performance. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies,

Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.

 

 

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