senseFly, through its parent organization Parrot, has recapitalized its balance sheet and funding, guaranteeing a healthy operational outlook as it continues its growth path as the global leader in fixed-wing drones.
The financial backing comes at a particularly meaningful time for senseFly – an Ecole Polytechnique Fédérale de Lausanne (EPFL) spin-off – which celebrates its 10th anniversary this year. Since its inception, senseFly has flown over 1 million flights, mapped an estimated 500,000 square kms and generated over USD $ 100 million in revenue.
This important milestone sees senseFly’s status shift from promising start-up that pushed the boundaries of remote mapping to leading manufacturer of professional fixed-wing drones used by some of the world’s largest organizations, including Trimble and Microsoft.
In simple terms, this means senseFly has the resources to focus its strategy on its operational efficiency. The benefit of zero debt and a sound balance sheet also allows the fixed-wing leader to place greater emphasis on the technological innovations that matter most to its customers and that will drive the company, and drone industry forward.
“senseFly is demonstrating a rare drone industry success story, transitioning from start-up to a mature, self-funded, successful business. Parrot’s long-term backing, thanks to senseFly important milestones and strategic focus, provides us with greater organizational efficiency and helps continue our upward trajectory as we enter into the next phase of our growth and expansion”said Gilles Labossière, CEO of senseFly
senseFly enters its second decade galvanized by its strong financial standing and market-leading drone solutions—and with a growing customer base positioned firmly at the heart of its business. The Swiss drone manufacturer is confident that the global drone industry is now entering a new stage of development, which presents exciting and significant opportunities for growth.
For more information, please visit www.senseFly.com.
Innovative Solutions for Vertical Markets
Registrations are now open for early payment with discount in the DroneShow and MundoGEO Connect 2020, which will take place on May 19 through 21 in the Frei Caneca Convention Center, in São Paulo (SP), with the main theme Innovative Solutions for Vertical Markets. Find our complete program and save your place right now!
DroneShow and MundoGEO Connect 2020 will be an actual festival of attractions: arenas with innovative presentations; basic and advanced courses; seminars and thematic forums; room for experimenting 3D technologies; awards for the best projects.
In parallel to these activities there will be a fair with the main companies in the sector. Check the ones already booked in the fair. Check the summary of the previous event: