According to a Reuters report, industry leading manufacturer DJI is set to take on fresh investment before a likely IPO next year. The funding, thought to be in the region of $500m, will value DJI at close to $15 billion. DJI covers more than 70 percent of global drone sales according to Skylogic research. Recent years have seen the company push towards the growing … [Read more...] about DJI seeks $500m investment with IPO in the pipeline
Investment
SkyX Receives $5Million Committment from Chinese Investment Firm
SkyX, an aerospace company based in Ontario, Canada, has received $4m USD of a planned $5m USD investment from Kuang-Chi Group, a Chinese technology group based in Shenzhen that focuses on investing in cutting-edge aerospace solutions. SkyX has developed a self-charging drone for use in the monitoring of long-range assets like oil and gas pipelines. The autonomous drones … [Read more...] about SkyX Receives $5Million Committment from Chinese Investment Firm
Drone Technology Investment: Bet On The Picks And Shovels
(Source: Forbes) In my recent Forbes post, “Drone Technology Investment: Place Your Bets,” I discussed three sectors for drone technology investment: 1) package delivery services, 2) aerial imaging services and 3) drones and related enabling technologies, discussing in-depth the first two. The third and final sector represents the “picks and shovels” of the industry — and … [Read more...] about Drone Technology Investment: Bet On The Picks And Shovels