Drones

Funding in drones Measure Eyes IPO

French drone manufacturer Parrot (EPA: PARRO) is one of the listed drone ecosystem companies), which is traded on the French stock exchange; Drone parachute company ParaZero (ASX: PRZ), which is listed on the Australian Stock Exchange; and the publicly traded drone giant Aerovironment (NASDAQ: AVAV.) Chinese passenger drone company EHang (NASDAQ: EH) is also growing rapidly.

As a sign that the drone industry is maturing, Measure may be just one of several drone companies proposing an IPO this year – and that’s good news for people interested in investing in drones. Reuters reported last month that EHang competitor Joby Aviation was considering a public offer. Other investment news sites write about a number of drone companies.

As for the giant in the room? Rumors that the drone manufacturer DJI would go public have been around for more than two years. DJI continues to hold a clearly dominant market share in the global drone industry. Despite the political headwinds in the US, investment analysts at Torres Capital wrote in November 2020 that 2021 could be the year a DJI is pushing a public offering.

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