Company develops hybrid power system for Army drones by DRONELIFE Features Editor Jim Magill A small private company, which produces heavy-fuel-capable rotary engines and hybrid electric power systems, has designed a system for the U.S. Army that it hopes can serve as a compact, highly efficient power source for the military’s next generation of UAVs […]
Remote drone inspections from miles away: MFE to demo Skydio X10 and Dock across the U.S. under new FAA authorization by DRONELIFE Staff Writer Ian J. McNab Edmonton-based MFE Inspection Solutions, a leading provider of advanced inspection tools, has been granted a broad BVLOS (Beyond Visual Line of Sight) waiver by the FAA to operate […]
A Warning and a Call to Action for the Tech Community At XPONENTIAL 2025, the premier global event for uncrewed systems and robotics hosted by AUVSI (Association for Uncrewed Vehicles and Systems International), Axios Co-Founder and CEO Jim VandeHei delivered a keynote that challenged industry leaders to confront the realities of political and technological convergence. […]
FAA Acting Administrator Chris Rocheleau emphasized the agency’s commitment to balancing innovation with safety during a keynote fireside chat at the AUVSI XPONENTIAL conference, addressing critical updates on drone regulations, airspace modernization, and counter-UAS strategies. Rocheleau, a seasoned aviation leader who played a pivotal role in establishing the Transportation Security Administration (TSA) after the 9/11 […]
A decade ago, Parrot was best known for its bright-colored, Bebop drone that buzzed through backyards and hobbyist parks. But in a landscape now dominated by enterprise use cases, government contracts and security-sensitive buyers, Parrot has quietly reinvented itself — and the Parrot Q1 2025 earnings report shows that the strategy is working.
In its first-quarter 2025 earnings, Parrot posted €18.4 million in revenue (which is about $20 million). That’s up 17% from this time in 2024, capping off a string of solid results since its pivot away from the consumer market. Once known for competing against DJI in the race for weekend drone flyers, Parrot has found its groove by doubling down on professional microdrones and photogrammetry software. The French-based drone company seems to be emerging as one of Europe’s most important drone players in the commercial sector.
From backyard to battlefield
Sally French, The Drone Girl, testing out the Parrot Bebop in 2015. (Photo by Hamilton Nguyen)
Parrot’s shift to enterprise drones and data solutions may have seemed like a long shot at first — especially given how dominant DJI remained in the prosumer space. But geopolitical winds have changed. Security concerns over Chinese-made drones, especially among U.S. and European government agencies, created a massive opening for trusted, non-Chinese drone makers. And Parrot pounced.
In a milestone moment this April, the company’s new-generation ANAFI drone was added to the U.S. Department of Defense’s Blue UAS “cleared list.” That designation means it meets stringent American cybersecurity and performance standards, paving the way for adoption by the Pentagon and other federal agencies.
Parrot already had a foot in the door — its ANAFI USA drone has been on the list since 2021 — but the addition of its next-gen system reaffirms its growing credibility in a high-stakes space.
Photogrammetry gains traction
While drones tend to grab the headlines, it’s Parrot’s photogrammetry software business that’s quietly become a growth engine, as evidenced by the Parrot Q1 2025 earnings report. Its Pix4D suite — which turns drone and smartphone imagery into precise 3D models — generated €7.9 million in Q1 revenue (about $9 million). That’s a 22% increase from a year prior. The fact that that segment alone accounts for nearly half of Parrot’s total revenue underscores a major shift in the drone value proposition, from flight hardware to data intelligence.
Tools like Pix4Dcatch, which enables photogrammetry capture from mobile devices, are making the technology more accessible — and more essential — across industries like construction, public safety, agriculture, and energy. Parrot’s move to push direct sales and Cloud-based software has helped land deals with major players in the U.S., Japan, the UK and Brazil.
The tl,dr: takeaways from the Parrot Q1 2025 earnings
Commercial and government buyers now dominate demand
Security and sovereignty concerns are shaping procurement decisions
Data — not drones — is the long-term value play
Parrot says it expects moderate but continued growth in Q2. Perhaps more interesting to investors is that it eyes profitability for the year.
Parrot’s successful reinvention bucks a trend that has dogged many drone companies: failing to adapt to the post-hobbyist era. As regulation tightens, government scrutiny increases and enterprise customers demand robust, secure, scalable solutions, many drone startups have floundered. Others have been acquired or gone dark entirely.
But Parrot’s dual investment in hardware innovation (ANAFI’s rugged, cybersecure design) and software smarts (Pix4D’s enterprise-grade analytics) are helping it remain relevant — and profitable — in a space that’s quickly separating serious players from speculative ones.
Its strong performance in markets like North America, the UK, and Japan, paired with efficient manufacturing and logistics operations, has further insulated it from supply chain volatility and currency fluctuations.
– General Atomics Aeronautical Systems, Inc. is moving into the ground testing phase of development on the YFQ-42A production-representative test vehicle for the Collaborative Combat Aircraft (CCA) program in preparation for its planned first flight later this summer. Ground testing began May 7. “The YFQ-42A is an exciting next step for our company,” said GA-ASI […]
The fourth prototype of China’s Jiu Tian SS-UAV ‘Drone Mothership‘ has completed its structural assembly and is currently undergoing installation and testing, with its maiden flight scheduled for next month. The vehicle has a 25 metre wingspan and can fly for 12 hours, with a maximum range of 7,000 kilometres (4,350 miles). It has a […]
Ukrainian forces are now equipping drones to fly with metal mesh meant to protect them from other drones. The first video of an up-armoured Ukrainian drone just circulated online. The first anti-drone cages, which Ukrainian observers dubbed “cope cages,” began showing up on Russian armored vehicles shortly after Russian forces widened their war on Ukraine […]
On a (lightly) rainy December day at the company’s testing range in Oregon, not one but two Prime Air drones suddenly stopped spinning their propellers mid-flight and plummeted some 200 feet to the ground. The crashes, which destroyed both aircraft, happened within minutes of each other. According to documents from the National Transportation Safety Board, […]
Estonian company Meridein Group is set to build a high-capacity unmanned aerial vehicle (UAV) production plant to bolster the Baltic region’s defense capabilities. The facility will be capable of producing up to 2,000 drones per day. The exact location of the plant has not been disclosed. The first drones are expected to roll off the […]