TOP20 Drone Company Ranking Q1 2016
The race for the TOP20 is getting more and more exciting as the distance shortens between the competitors. As company activity and global reach increases (e.g. new products, funding, etc.), so does their overall score. Whenever new products are launched, funding rounds are completed or M&A’s successfully executed it has a measurable effect in terms of an increase or decrease in global company awareness. These activities are part of the previously mentioned measurement categories.
Compared to the last ranking we see how the two most active companies – Parrot and DJI – are loosing ground to other very active firms. The top four companies were able to hold their rank. However, we were able to identify vivid movement in the lower ranks.
Just after raising $42M in Series B, the Chinese company EHANG announced a new generation of drones – the “Ghost Drone 2.0”. It comes with a 4K camera, VR goggles and a so-called AVATAR Tilt Control – a gadget that makes your drone follow your gestures only by tilting your smartphone. Even though EHANG remains on rank 3, they were able make up leeway up to the leaders in our ranking.
Squadrone System (△+31)
The project Hexo+ started off as a Kickstarter campaign and raised over $1.3M. It was so successful that it was ranked among the top 20 most successful Kickstarter campaigns. After collecting Angel investment of $3M in late June 2015, Squadrone Systems launched the new autonomous hands-free action drone that follows and films you, while you can focus on yourself doing sports or the like.
Boeing’s (NYSE:BA) Insitu division was able (among others) to make their way into the commercial drone market, already having received licenses from the FAA to fly missions. Some of these platforms are being used to explore oil fields or monitor crops. Initially designed for defense, governmental applications are pushing Insitu’s business towards commercial uses.
Ascending Technologies (△+59)
AscTec always stunned the world with high-tech solutions: laser powered quadcopters that fly 12.5h and now the first drone with “self awareness”. Intel’s RealSense camera module, which weighs as little as 8 grams and is less than 4mm thick, brings depth perception to drones both indoors and outdoors with minimal impact to payload and flight times. It is the milestone for today’s sense & avoid technology.
The Swedish platform manufacturer CybAero (CBA) announced on December 15th that it had conducted a private placement with US-based venture capital firm Subversive Capital worth a total of $2.6M. Their product line APID ONE is a game-changing remote-piloted aircraft and expected to fill a vacuum for commercially viable systems.
More than 12,000 very irate backers who collectively pledged more than £2.3 million in the hopes of receiving an autonomous micro drone called Zano last summer. The collapse started when the CEO of the business resigned in November 2015, citing “personal health issues and irreconcilable differences”. The company collapsed into voluntary liquidation shortly afterwards – leaving Kickstarter with a PR disaster on its hands.
Obviously, more and more companies are filling in the gaps left open by the big player – whether it is performance, application or price – the drone race has just begun.
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