Newsletter - November 2018

Growth potential for industrial drones

A growing market

Prototype with a payload capacity of 40 kg, in our test facilities at Parc Icade in Rungis.

The market for drones for industrial use is a major one. developing sector where innovation expresses itself in the service of the future. Unmanned Aerial Vehicles (UAVs) open up new possibilities in a wide range of fields, from agriculture and defense to construction and health services.

What's more, it's a market in which the French public authorities are particularly committed. In terms of both regulations and resources, French public authorities encourageent development of this sector to establish French UAVs on the international scene.

According to the Fédération Professionnelle du Drone Civil, professional drones could have a major impact on the economy. 700 million euros in 2020 compared with 160 million in 2016. Meanwhile, the Boston Consulting Group estimates a global, worldwide market of $50 billion by 2050, while PWC's Global report on the commercial applications of drone technology, published in 2016, gives higher global figures: drone-based industry services would be worth $127 billion by the middle of the 21st century.  

Aerial Coboticus: positioned in the sector with its remote handling drones

Aerial Coboticus enters the professional drone market for industrial use. A sector with strong growth potential compared to the use of drones in the audiovisual and film industries, where numerous players are already vying for market share.

Aerial Coboticus and the EIP label: Strong growth potential

In 2017, we were selected to join the competitiveness cluster Systematic supported by the European Union, which assists us in our fundraising efforts.

Within this competitive cluster, we have applied for the label EIP (Innovative Company of the Cluster) which was awarded to us at the end of October 2018, being a an innovative company with high growth potential. This demanding selection process assesses companies' innovation and high added value.

This label brings us recognition in the sector and value the company. Aerial Coboticus is proud to be one of them, and looks forward to raising further funds.

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