Windward
Windward, founded in 2010 and headquartered in Israel with a corporate office in London, is a publicly traded company (formerly listed as WNWD) that provides a Maritime AI platform for real-time, intelligence-driven decision-making.
Profile
Windward uses AI to fuse and analyze maritime data, providing real-time intelligence and risk analysis for shipping, logistics, and government clients.
Windward, founded in 2010 and headquartered in Israel with a corporate office in London, is a publicly traded company (formerly listed as WNWD) that provides a Maritime AI platform for real-time, intelligence-driven decision-making. The company fuses fragmented maritime data from multiple sources to deliver a unified operational picture for stakeholders across maritime, logistics, finance, and government sectors. Its product portfolio includes solutions for business intelligence, risk and compliance, border and asset security, defense and intelligence, and container tracking.
As of mid-2024, Windward reported trailing twelve-month revenue of $33.1 million, with a net loss of $7.3 million and negative EBITDA of $5.8 million. The company had approximately 250 employees as of 2025. In 2025, Windward was acquired by FTV Capital, a New York-based growth equity firm, establishing it as a U.S. majority-owned company.
In April 2026, Windward acquired Prominent Edge, a U.S. defense technology company specializing in geospatial and mission software for the U.S. government, adding ISO 27001, ISO 9001, and CMMI Dev Level 3 certifications. The company's stock price was $2.30 as of March 2025, with a market capitalization of $231 million. Windward competes with companies like Pole Star Space Applications and faces ongoing challenges in achieving profitability.
Who buys this
- Government defense and intelligence agencies
- Maritime shipping and logistics companies
- Financial institutions requiring sanctions and risk compliance
- Border security and asset protection authorities
- Container tracking and supply chain operators
Strengths and what to watch
Strengths
- Proprietary Maritime AI platform that fuses multiple data sources into a single operational picture, differentiating it from point-solution competitors.
- Recent acquisition by FTV Capital and subsequent purchase of Prominent Edge strengthen U.S. government market access and add key security certifications (ISO 27001, CMMI Dev Level 3).
- Publicly traded with disclosed financials, providing transparency on revenue growth ($33.1M TTM as of June 2024, up from $28.3M in FY2023) and operational metrics.
Watch for
- Persistent unprofitability: net loss of $7.3M on $33.1M revenue (TTM June 2024) and negative EBITDA, with no clear path to profitability disclosed.
- Customer concentration risk: reliance on government contracts, especially U.S. defense, which can be subject to budget cycles and political shifts.
- Low market capitalization ($231M) and stock price ($2.30) may indicate limited investor confidence or liquidity challenges.
Recent moves
Key Information
- Industry
- Air/Space/Sea
- Founded
- 2010
- Headquarters
- Israel
Frequently Asked Questions
What does Windward do?
Windward provides a Maritime AI platform that fuses and analyzes data from multiple sources to deliver real-time intelligence and risk analysis. It serves shipping, logistics, government, and financial clients, helping them make informed decisions about maritime operations and compliance.
Is Windward a profitable company?
No, Windward is not profitable. As of mid-2024, it reported a net loss of $7.3 million on $33.1 million in trailing twelve-month revenue, with negative EBITDA of $5.8 million. The company has not disclosed a clear path to profitability.
Who did Windward acquire in 2026?
In April 2026, Windward acquired Prominent Edge, a U.S. defense technology company specializing in geospatial and mission software for the U.S. government. This acquisition added key security certifications like ISO 27001 and CMMI Dev Level 3, strengthening Windward's government market access.
What is Windward's stock price and market cap?
As of March 2025, Windward's stock price was $2.30, with a market capitalization of $231 million. The company was publicly traded under the symbol WNWD before being acquired by FTV Capital in 2025, becoming a U.S. majority-owned company.
Who are Windward's main customers?
Windward serves government defense and intelligence agencies, maritime shipping and logistics companies, financial institutions needing sanctions compliance, border security authorities, and container tracking operators. Its platform supports real-time decision-making across these sectors.
What are Windward's main competitors?
Windward competes with companies like Pole Star Space Applications in the maritime intelligence space. Its proprietary Maritime AI platform differentiates it by fusing multiple data sources into a single operational picture, unlike point-solution competitors.
Sources
- windward.ai — Company description, product portfolio, and customer segments.
- pitchbook.com — Financial data (revenue $33.1M, net loss $7.3M, EBITDA -$5.8M), employee count (250), stock price ($2.30), market cap ($231M), and year founded (2010).
- www.prnewswire.com — Acquisition of Prominent Edge in April 2026, FTV Capital acquisition in 2025, and U.S. government market strategy.
- sea.peoplemattersglobal.com — Context on 2025 tech layoffs and leadership behavior, though not specific to Windward.