A drone delivery route flying seafood from Nan’ao Shuangyong Pier in the east of Shenzhen to the city’s Longgang District in south China began last week. The drones take off with up to a 20 kilogram load of seafood which is then delivered to local couriers who sell it on to customers. Products delivered include […]
SimActive Enhances 3D Mapping with Multi-Camera Drone Payloads SimActive Inc., a global leader in photogrammetry software development, has announced the integration of its Correlator3D™ product with multi-camera drone payloads to enhance 3D mapping capabilities. This innovative software allows users to import configurations from both oblique and nadir cameras, paving the way for superior 3D mapping […]
The latest in an occasional column on bringing products to market in emerging technologies, by industry marketing expert Amy T. Wiegand: Go-to-Market Propeller. The deep dive on how decision makers maximize trade show ROI: from choosing the right events to post show follow up. By Amy T. Wiegand In the rapidly evolving world of drone technology, […]
Drones Dominated the Geo Week ‘24 Floor By: Dawn Zoldi Geo Week distinguishes itself as the leading event fostering improved cooperation among specialists in the built environment, advanced airborne/terrestrial technologies and enthusiasts of commercial 3D technology. The event originated in response to the evolving needs of professionals in the built world and geospatial domains and […]
We tell you all about the most beautiful drone spots in the main French cities that our members had the opportunity to film!
Strasbourg, in Alsace, city of art and history, offers a multitude of spots to capture breathtaking drone images. This article aims to reveal these places must-see attractions, such as the picturesque Petite France, the imposing Notre-Dame Cathedral as well as as the green Parc de l’Orangerie. Finally, he will address the crucial question of choosing a pilot qualified to operate the drone in accordance with the rules of the art and compliance with regulations in force.
Read the post about the city of Strasbourgin this article with SKYPIC, our drone pilots based near Strasbourg and surroundings.
Enjoy your reading & your drone flights !
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On continue notre série sur les plus beaux points de vue drone dans les principales villes françaises que nos membres ont eut l’occasion de filmer!
Strasbourg, en Alsace, ville d’art et d’histoire, offre une multitude de spots pour capturer des images époustouflantes par drone. Cet article se propose de dévoiler ces lieux incontournables, tels que la pittoresque Petite France, l’imposante Cathédrale Notre-Dame ainsi que le verdoyant Parc de l’Orangerie. Enfin, il abordera la question cruciale du choix d’un pilote qualifié pour manœuvrer le drone dans les règles de l’art et du respect des réglementations en vigueur.
Lire notre article sur Strasbourg avec SKYPIC, notre correspondant sur Strasbourg et région.
Want to invest in FPV drones? With last week’s Unusual Machines IPO, there’s another opportunity to.
Puerto Rico-based Unusual Machines made its public debut on the NYSE American on Feb. 14, 2024, raising $5 million at the low end of its projected range. Trading under the ticker symbol “UMAC,” the stock opened at $4 per share. Shares closed on Friday, February 16 at $2.99.
Unusual Machines is gearing up to be a leader in first-person view (FPV) drone technology. It very likely will soon become the parent company of two other big names in the FPV world: Fat Shark Holdings and Rotor Riot. Fat Shark is best known for making FPV goggles for drone racing. It also makes other products like an all-in-the-box FPV drone racing kit. Both companies are current acquisition targets.
Assuming the acquisition deal goes through, this won’t be the first time you’ll have been able to invest in those two businesses. Both Fat Shark Holdings and Rotor Riot were previously owned by another Puerto-Rico based company, Red Cat.
Yet Red Cat announced in late 2022 that it would sell off its consumer division to Unusual Machines for $18 million. That deal was broken down as $5 million in cash, $2.5 million in a convertible senior note of Unusual Machines, and $10.5 million in Series A convertible preferred stock. The move was done largely for two reasons. For starters, that enabled Red Cat to focus on its flagship business, Teal. Teal has inked some big government contracts for its military-grade Teal 2 drone.
The second big reason is so Red Cat could distance itself from Chinese-affiliated business. In a previous statement about the sale, Red Cat CEO Jeff Thompson said the company elected to spin off Fat Shark “because it has parts made in China, and we can’t have any connection with China.” Anti-China sentiment is strong in certain sectors of the population. In fact, just last week the U.S. House of Representatives held a subcommittee meeting focused on banning DJI drones. That’s through a proposed piece of legislation called the “Countering CCP Drones Act.”
A beginner FPV drone kit featuring Fat Shark Dominator Digital HD FPV Goggles
How are investors feeling about Unusual Machines?
That $5 million Unusual Machines IPO makes for a modest entrance into the stock market. Unusual Machines has a market capitalization of about $27 million.
For some investors, the Unusual Machines IPO offers a unique opportunity to invest in FPV drones. FPV is still a relatively niche field, but it’s seen recent growth and interest from bigger players. DJI made big moves in August 2022 when it dropped its Cinewhoop-style Avata drone. That drone is particularly well-suited for indoor flying. Meanwhile, drone video networks like AirVuz showcase the power of FPV imagery with their annual FPV drone video of the year contest.
And still, Unusual Machines could face challenges. As a relatively new, company it must compete with established players like DJI. Additionally, the broader drone industry faces regulatory hurdles and concerns over privacy and safety. And by some accounts, the hobby drone market is actually shrinking.
Still though, the Unusual Machines IPO, was a low-key yet significant step for the company. The raised capital could help fund its growth plans, including product development, marketing, and expansion into new markets. However, investors should be aware of the risks involved, given the company’s size, niche focus, and competitive landscape.
The coming months will be crucial for Unusual Machines as it navigates the public markets and executes its growth strategy. If the company can successfully tap into the potential of the FPV market, its modest debut could be the first chapter in a much larger story around both FPV drone flying and more broadly investing in drones
Founded in 2017, Wakeb is a Saudi company specialised in artificial intelligence, machine learning, cognitive computing, intelligent applications, and software. It is also active in the UAS domain, and at the World Defense Show it unveiled the Khataf long range VTOL, which of course has embedded AI-based algorithms. In its booth at the Riyadh exhibition […]
Ukrainian tech firm Skylab UA has developed an electronic warfare-resistant combat drone with night vision capabilities. The Shoolika Mk6 was announced by Ukraine Minister of Digital Transformation Mykhailo Fedorov, who revealed that the system is capable of launching accurate strikes even in nighttime operations. “The Defense Forces have already tested the Shoolika mk6 and offered their feedback: […]
A drone delivering frozen chicken crashed into a residential society in Gurugram near New Delhi in India on Thursday, police said. They added that an FIR was registered against the company operating the drone for breaching CrPC Section 144, which was enforced in the city. The drone, operated by Skye Air, crashed into the G […]
A drone delivery route flying seafood from Nan’ao Shuangyong Pier in the east of Shenzhen to the city’s Longgang District in south China began last week. The drones take off with up to a 20 kilogram load of seafood which is then delivered to local couriers who sell it on to customers. Products delivered include […]
