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  • PrecisionHawk Welcomes New CEO

    January 23, 2020

    PRESS RELEASE – Today we’re pleased to announce that James Norrod has been named as our new Chief Executive Officer. Michael Chasen will lead PrecisionHawk’s advisory board and continue to champion efforts to integrate commercial drones into the National Airspace as Chair of the FAA’s Drone Advisory Committee.

    Mr. Norrod brings more than 25 years of experience leading companies in highly regulated industries, including public and venture-backed technology companies. He specializes in forming strategic partnerships, optimizing domestic and international operations, establishing new sales distribution channels, and developing management teams.

    Mr. Norrod’s extensive portfolio of leadership experience includes serving as CEO of Tellabs, CEO of Zhone Technologies (Nasdaq: DZSI), CEO of Segway, CEO of Telebit (Nasdaq: TBIT), CEO of Adage, (Nasdaq: ADGE), and CEO of Infinite Power Solutions. He has also served as Executive Chairman of GreenBytes. Mr. Norrod has led companies to successful exits to organizations such as Apple, Cisco, and Oracle. His career started with 10 years at IBM, where he managed the General Motors account.

    “PrecisionHawk is grateful for Michael Chasen’s leadership in advancing the commercial drone economy and taking on a pivotal role with policymakers in Washington as the FAA’s Drone Advisory Committee Chairman,” said Mr. Norrod of his immediate predecessor. “Michael grew the company significantly and helped pioneer best practices in drone-based geospatial data analytics across multiple industries. I am looking forward to continuing to build on his foundational work by delivering additional cost and time efficiencies, usability, and operational excellence to our customers. I am eager to partner with him as we continue to build trust between the American public and the commercial drone ecosystem, so that we unlock the full potential of this unique technology.”

    Much of Mr. Norrod’s experience has been in scaling technology companies by navigating difficult regulatory landscapes and forming fruitful strategic partnerships with other innovative firms. This appointment reflects the Board’s confidence in his exceptional ability to foster relationships and drive results, building on the strong momentum PrecisionHawk had in 2019.

    The commercial drone industry has grown faster than anticipated. The FAA forecasts that it could triple between now and 2023, with an estimated 835,000 drones flying by that time.

    Click here for the full press release.

     



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