If there have been to be an apparent “winner” based on funding figures of 2019, it might be the passenger drone firms. So as to showcase the huge variations in money injections into completely different sectors of the drone trade, this yr we cut up it 4 methods into: drone, passenger drone, counter-drone and UTM firms. These 4 sectors are at present in vastly completely different maturity levels, in addition to at completely different factors within the Gartner Hype Cycle and more likely to expertise very completely different technological and regulatory hurdles.
Undoubtedly, as carriers of people, passenger drones are and can proceed to be topic to the very strictest certification and regulation necessities in addition to the best technological hurdles. It’s exactly due to this that firms are nonetheless within the R&D and prototype manufacturing stage, the one which requires essentially the most cash. Mix that with the hype round City Air Mobility (UAM), and unsurprisingly passenger drone firms are cashing in additional than all of the UTM and counter-drone firms mixed!
2020 Outlook: This sector will change into more and more standard not solely by way of the rising variety of passenger drone ideas, but additionally authorities funding for sensible metropolis and UAM initiatives, and the plethora of conferences dedicated to the subject. For that reason, we’re more likely to see passenger drone firms scooping a big portion of the money once more within the coming yr. In actual fact, Joby Aviation alone with their $590 million Sequence C spherical in January 2020 has already damaged information and is more likely to make up a big a part of the overall of 2020 investments.
Hendrik Bödecker, CFO of DRONEII
Hendrik is an professional in aviation legislation and UAV with over 10 years of expertise within the subject. At Lufthansa Technik he was the only level of contact to Civil Aviation Authorities (CAA) of Germany, Center East and Asia. He used this expertise to kind the spine of regulatory experience at Drone Business Insights. Not solely has he constructed up a portfolio in aiding purchasers in regulatory issues, however he additionally authors DRONEII’s yearly drone funding report.