Flare Bright Competitors and Similar CompaniesClear all

Flare Bright's competitors and similar companies include Sygic, NextNav, Favendo and Balboa Geolocation.

	Flare Bright Flare Bright is a developer of a software-based GPS-free navigation system for unmanned aerial vehicles.	Sygic Sygic is a company that develops navigation software solutions.	NextNav NextNav is a technology company that provides 3D geolocation solutions.	Favendo Favendo is a company developing indoor positioning and mobile tracking and navigation solutions.	Balboa Geolocation Balboa Geolocation is a developer of positioning, navigation, and timing solutions for GPS-denied or degraded environments.
Founding Date	Founding Date 2015	Founding Date 2004	Founding Date 2008	Founding Date 2014	Founding Date 2019
Type	Type Private	Type Subsidiary	Type Public	Type Private	Type Private
Tags	Tags Technology application software geolocation navigation	Tags Technology application software geolocation mapping navigation	Tags Technology enterprise software geolocation mapping navigation	Tags Technology application software geolocation navigation	Tags Technology application software geolocation navigation
Locations	Locations Aylesbury, GB HQ London, GB	Locations Bratislava, SK HQ	Locations Reston, US HQ Puteaux, FR Bengaluru, IN Santa Clara, US	Locations Bamberg, DE HQ	Locations El Segundo, US HQ
Employees	Employees 26	Employees 1901% decrease	Employees 9614% decrease	Employees 16	Employees 10
Financial
Revenue (est.)	Revenue (est.) £1.1m (FY, 2023)	Revenue (est.) €26.1m (FY, 2023)	Revenue (est.) $4.6m (FY, 2025)	Revenue (est.) N/A	Revenue (est.) N/A
Cost of goods	Cost of goods £233.1k (FY, 2023)	Cost of goods €11.2m (FY, 2023)	Cost of goods N/A	Cost of goods N/A	Cost of goods N/A
Gross profit	Gross profit £866.8k (FY, 2023)	Gross profit €15m (FY, 2023)	Gross profit N/A	Gross profit N/A	Gross profit N/A
Net income	Net income £217.5k (FY, 2023)	Net income €3.5m (FY, 2023)	Net income ($189.3m) (FY, 2025)	Net income N/A	Net income N/A