John Vestri, Riptide’s Chief Operating Officer / Chief Financial Officer attended Frost & Sullivan’s Growth, Innovation, and Leadership Awards Gala in Lost Pines, TX where he accepted the award, and recognition of Riptide’s position in redefining the UUV market, on behalf of the growing team.
As part of its recent UUV Market Study, Frost & Sullivan recognized Riptide’s rapid growth in the UUV market and the high adoption rate of growing range of products. Additionally, Frost & Sullivan acknowledged Riptide’s leadership in UUV innovation including engineering for affordability, superior hydrodynamics, and flexible energy solutions. The study also noted Riptide’s focus on customer support, rapid delivery, and highly flexible designs.
Frost & Sullivan concluded that Riptide is a leader in the UUV market with its future-facing innovations focusing on client- and industry-specific needs to provide the best-in-class UUV technology. Michael Blades, Frost & Sullivan’s Research Director of the Aerospace & Defense Practice, stated that “Frost & Sullivan believes Riptide is the most advanced, customer enabling UUV manufacturer in the market by providing clients with unparalleled energy efficiency, portability, and payload customizability solutions.”
Jeff Smith, Riptide’s founder and president, said “It is a great honor for us to receive such high recognition from an independent market research group as well regarded as Frost & Sullivan. Our team and our customers know we are doing things very differently from the established players but it’s a tremendous compliment to receive this public recognition.”