Pv Labs

About Pv Labs

PV Labs Inc. operates as a specialized designer and manufacturer of advanced aerial imaging and surveillance systems. The company was established in 2004 by Mark Chamberlain, who previously founded and led Wescam Inc. until its acquisition by L-3 Communications in 2002. Chamberlain, an accomplished entrepreneur with a background in Mechanical Engineering from the University of Waterloo, brought extensive experience from the visual information systems market to his new venture. The leadership team also includes CTO Mike Lewis, a key figure in stabilization technology who received an Academy Award for his work in the field.

The firm's business is centered on developing and commercializing high-performance, gyro-stabilized gimbal systems for turnkey aerial imaging solutions. It serves a diverse client base across four main segments: security and surveillance (including ISR and border patrol), public safety (such as search and rescue), airborne geospatial (for mapping and commercial intelligence), and entertainment (aerial cinematography). The company generates revenue through the domestic and international sale of its hardware and software imaging systems. Recent investments are projected to drive annual revenues to between $70 million and $100 million within five years.

PV Labs' core offering is its proprietary Fifth-Generation Advanced Stabilization Technology (FAST), a patented stabilization technique that replaces traditional mechanical gimbal systems. This technology underpins their product line, providing superior stabilization and enabling larger payload volumes in systems that are smaller, lighter, and more cost-effective (SWaP²-C advantages). A key product is the PV-15 stabilized gimbal system, which features an open architecture design for easy integration of various sensor payloads. The company has received significant investment from defense contractor Lockheed Martin to advance the commercialization of its FAST product line. In 2023, Italian firm Civitanavi Systems acquired a 30% minority stake for $2.5 million, with an option to purchase the remainder, a deal intended to reduce time-to-market by leveraging Civitanavi's manufacturing capacity and inertial sensor technology.