The previous twelve months have been a calendar year of consolidation for the drone components entire world. Main drone makers including GoPro, Parrot and 3D Robotics have declared layoffs, while funding to drone-connected businesses has observed a drop-off.
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There was $fifty five million invested in eight VC deals for the drone industry in the 3rd quarter of 2016, compared with $134 million invested in twelve VC bargains in the third quarter of 2015.
But one area that is nevertheless increasing is in the application and support aspect of the drone business. Evaluate, a drone services operator, is one particular of the businesses top that way. The startup nowadays declared a $fifteen million Sequence B funding spherical with LionTree Advisors performing as the monetary advisor. Measure’s final investment decision spherical was in September of 2015.
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Evaluate is a startup that has developed out a nationwide community of licensed pilots. The pilots are skilled to get, approach, and supply aerial data to company consumers for tasks this kind of as mobile tower inspections, design advancement, precision agriculture, disaster response and stay media coverage. Its mantra is, “We do not make drones. We make drones perform.”
Measure’s pilots flew a lot more than 1000 flights all through 2016 — which is about 3 flights a working day.
Measure is portion of a expanding group of drone companies that are focusing on professional programs of drones. Drone knowledge administration system DroneDeploy raised $twenty million in a Collection B offer in August.
Previously in 2016, Airware introduced a $thirty million Collection C round to promote total drone solutions to significant companies, from drone components, the software program to control them, and the cloud in which their data goes.
2016 was the 12 months that client drone companies consolidated. But 2017 could just be the calendar year that professional drone businesses start off expanding.
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