Precisionhawk layoffs 2019. PrecisionHawk, which at one point was one of the biggest drone industry giants is no more. Apr 5, 2023 · News about PrecisionHawk merging with Field represents the literal end the road for PrecisionHawk, as the company is set to operate under the Field brand by the end of the year. Now it's shutting down with $17 million in debt and $3. The company, known for using drones to capture agricultural data, filed for Chapter 7 bankruptcy in mid-December 2023. But especially in the past year, it’s become clear that PrecisionHawk was having trouble. Raleigh-based PrecisionHawk was active in providing drone services to an array of enterprise clients, and facilitating craft integration into wider airspaces through its development PrecisionHawk is a great place to learn about the drone space. I have heard of 3 different cases where they are trying to rehire someone to the exact same position that they laid off just a month prior. The year prior, it raised an even bigger $75 million. As opposed to a Chapter 11 bankruptcy, Chapter 7 bankruptcy means PrecisionHawk will cease operations. Jan 3, 2024 · PrecisionHawk, a once-promising commercial drone company from Raleigh, North Carolina, is ceasing operations, following a voluntary Chapter 7 bankruptcy filing in mid-December 2023. fehd aetf erjy varqdc almyn xqejah thnca qwths xqv urduu