Windward Ltd.
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Windward's AI-based solution will enable its customers to take back control of demurrage and detention charges, reduce reliance on carriers, improve customer service, and stop revenue leakage.
LONDON, Feb. 26, 2025 /PRNewswire/ -- Windward (LSE: WNWD), the leading Maritime AI™ company, today announced the launch of its AI-Powered Detention & Demurrage (D&D) automation solution, the first step in a mission to revolutionize global trade with Gen AI-powered automation. Designed to eliminate the persistent cost uncertainty plaguing freight forwarders, the D&D automation solution processes customer contracts at scale and calculates and communicates actual D&D costs in real time by accounting for all variables ranging from tariff extraction to shipment mapping and contract details.
With the new war frontier shifting under the sea – especially amid new and continuing geopolitical conflicts – Windward's solution empowers all stakeholders including governments, telcos, and energy companies to protect crucial assets
LONDON, Feb. 6, 2025 /PRNewswire/ -- Windward (LSE: WNWD), the leading Maritime AI™ company, today announced the launch of its Critical Maritime Infrastructure Protection solution, a first-of-its-kind AI-powered solution designed to protect the world's essential maritime infrastructure including cables, pipelines, and rigs against growing threats.
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New signed data agreements provide Windward with quality AIS data, fortifying Windward's unparalleled insights with one of the largest terrestrial data networks
LONDON, Dec. 19, 2024 /PRNewswire/ -- Windward (LSE: WNWD), the leading Maritime AI company, announced a data-sharing agreement with S&P Global Market Intelligence, provider of information services and solutions to global markets. This collaboration will deliver Windward with the most comprehensive aggregated AIS data, leveraging one of the largest terrestrial data networks, and over 6,000 vessels equipped with onboard receivers. The agreement ensures continuous, high-quality data provision through 2030.
The partnership will integrate Dataminr's real-time AI insights into Windward's Maritime AI™ platform, enriching critical information with new context
LONDON, Dec. 16, 2024 /PRNewswire/ -- Windward (LSE: WNWD), the leading Maritime AI™ company, today announced that it has partnered with Dataminr, one of the world's leading AI companies, to integrate Dataminr's real-time AI that discovers events, risks, and critical information from publicly available data into Windward's AI-based platform. Windward's platform helps customers proactively respond to emerging maritime and global events before they escalate.
Launched at EURONAVAL 2024, the new solution provides law enforcement and intelligence agencies an end-to-end solution with early detection, automated target generation, and streamlined investigation workflows to enhance maritime safety and security
LONDON, Nov. 4, 2024 /PRNewswire/ -- Windward (LSE: WNWD), the leading Maritime AI™ company, announced today the launch of Advanced Intelligence, an AI-powered solution equipped with a comprehensive suite of features designed to empower intelligence and security organizations to uncover and handle threats more efficiently. The solution streamlines the entire investigation process from early anomaly detection and strategic investigations to vital context provided by MAI Expert™, Windward's generative AI-powered virtual analyst. By controlling all aspects of the investigative process within one platform, the solution significantly cuts down the time and resources needed to conduct thorough investigations.
The launch marks significant advancements in maritime intelligence and business insights, leveraging Windward's unique data and AI technology to equip commercial and governmental stakeholders with a competitive edge, providing the necessary context and recommendations to react quickly.
LONDON, Oct. 29, 2024 /PRNewswire/ -- Windward (LSE: WNWD), the leading Maritime AI™ company, announced today the launch of Early Detection, a groundbreaking AI-based solution that identifies anomalies at sea using Windward's proprietary data and advanced algorithms. Early Detection, coupled with MAI Expert™, Windward's generative AI-powered virtual analyst, equips commercial and governmental stakeholders with a competitive advantage with early identification of critical events, and delivers both the context and recommendations necessary for swift and informed action.
LONDON, Oct. 10, 2024 /PRNewswire/ -- Windward (LSE: WNWD), a leading Maritime AI company, is pleased to announce a number of key business developments since the end of the first half of 2024.
Key customer wins:Wins in the commercial sector continue at a steady pace consistent with previous periods including healthy business expansion from existing customers. In the ROW government sector, Windward won two new customers for a total of $1.9m of ACV.
Government renewals:In both ROW and US sectors, customer renewals are progressing as expected.
LONDON, Aug. 22, 2024 /PRNewswire/ -- Windward (LSE: WNWD), a leading Maritime AI™ company, is pleased to announce its financial results for the six months ended 30 June 2024 ("HY 24").
The complete report was notified via RNS on 20 August 2024 and can be found here.
Below is a summary of Windward's half year financial report for January 1—June 30, 2024 and it contains no new information.
Financial Highlights:
Annual Contract Value (ACV) of $37.2m, up 35% (HY 23: $27.6m)Revenue up 37% to $17.6m (HY 23: $12.8m)Gross margin for HY 24 up three points and now at 81% (HY 23: 78%)EBITDA loss down 66% and now at $1.3m for HY 24 (HY 23: $3.8m loss)Cash balance at period end of June 2024 was $13.8m (31 December 2023: $17.3m), on track to achieve market expectations for 31 December 2024Trading in line with recently upgraded market expectations on revenue for FY24, and confident of achieving an adjusted EBITDA break-even run rate during FY24Windward's Maritime AI™ leverages Amazon Bedrock's broad selection of foundational models, empowering users to utilise Gen AI capabilities and easily navigate complex supply chain issues
LONDON, July 15, 2024 /PRNewswire/ -- Windward (LSE: WNWD), a leading maritime AI company announces today that it has joined the Amazon Web Services (AWS) ISV Accelerate Program and has collaborated with AWS to launch a generative AI solutions that leverages Amazon Bedrock to improve risk management for the shipping, logistics, and public sectors.
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