The verge of a new era for Drones (Drone Volt)
Drone Volt is a French company specialised in civilian drones for professional use, addressing a wide range of end-market thanks to the combination of its proprietary drone, software and Artificial Intelligence capabilities. The company is scaling-up its activity, thanks to a healthy €15m pipeline of orders as well as partnerships with North American players. In addition, Drone Volt is on the verge to significantly increase its royalty-based business, a potential game-changer for its earnings.
We initiate coverage of Drone Volt with a Buy recommendation and 34% upside. Drone Volt is a French company listed on Euronext Growth in Paris. The company operates in the civilian drones market for consumers and professionals.