Flytrex Funding: Company Raises $40M to Expand Drone Delivery Services Across the US by DRONELIFE Staff Writer Ian M. Crosby On-demand drone delivery leader Flytrex has announced that it has raised $40 million in it’s Series C funding round, bringing its total funding to date to $60 million. The round, led by BRM Group, saw participation from OurCrowd, Lukasz Gadowski, … [Read more...] about Flytrex Funding Round Will Let Company Expand Drone Delivery Across the US
Drone Investment
Drone Tech Market to Grow to $54 B in the Next 4 Years: These Sectors are Leading the Way
The drone tech market is growing fast, and recent innovations and regulatory shifts are only speeding growth. By DRONELIFE Staff Writer Ian M. Crosby A report by Andrew McWilliams from BCC Research projects over 80% growth in revenue for the global drone technology market between 2020 and 2025. Sitting at $30 billion in 2020, McWilliams expects this figure to rise to … [Read more...] about Drone Tech Market to Grow to $54 B in the Next 4 Years: These Sectors are Leading the Way
Investment in Drone Companies Shifts as Drone Technology Matures: U.S.-Based Skyfish Scores $20 Million
U.S. drone manufacturer Skyfish announced a $20 million funding round, in a further indication that investment in drone companies is shifting to reward companies that are offering advanced technology for an established sector. The drone industry has often been accused of being a solution in search of a problem, but as drone technology matures that can no longer be said. … [Read more...] about Investment in Drone Companies Shifts as Drone Technology Matures: U.S.-Based Skyfish Scores $20 Million
Volocopter Funding: €200 Million in Series D
The appetite for investment in the air taxi or urban air mobility sector continues to grow, as new Volocopter funding indicates. Volocopter, one of the first working air taxis - and the only company to receive Design Organization Approval (DOA) by the European Union Aviation Safety Agency (EASA) - has announced a €200 million (about $240 million) Series D funding round, … [Read more...] about Volocopter Funding: €200 Million in Series D
Investing in Drones: Measure Submits Paperwork for Proposed IPO
For individuals, investing in drones is difficult - there are relatively few publicly traded companies solely dedicated to the drone industry. Now, drone operations software platform provider Measure may be offering investors another opportunity. Yesterday, MEASURE announced the confidential submission of a Draft Registration Statement for a proposed Initial Public Offering … [Read more...] about Investing in Drones: Measure Submits Paperwork for Proposed IPO
