The drone industry is one of the most promising of the 21st century. Drones have the potential to revolutionize a wide range of industries, from agriculture to package delivery. However, not all drone startups are successful. In fact, many fail.
News is periodically seen about different milestones achieved by drone companies, as well as new investments dedicated to many of these companies. But let's not fool ourselves, nowadays there is a lot of talk about drones, a lot is invested in these businesses, but in general companies still invoice quite little.
No matter how much talk there is, and with some exceptions, it is a still incipient market, which one day will expand greatly, but until that day comes, companies must survive as best they can. And only those that are better financed survive, or have more contacts to obtain the few contracts that come to the market.
I recently read the news that the company PrecisionHawk had filed to suspend its operations through Chapter 7. It was a company created in 2010 in Raleigh (North Carolina, USA), and had received more than 136 million dollars since its beginning, but unfortunately it has not been able to survive.
I make this reflection with regret, because it is always regrettable to close a company that has worked hard to try to be in the market, and also to provide a bit of “realism” to this world of drones that is so new, and still so far from being a recurring and flourishing business.
Aside from purely technological issues, drone regulation is complex and varies from country to country. And companies that do not comply with regulations cannot operate.
I remember when a few years ago some companies “promised” that in a very short time they would make their deliveries with drones. Time has passed, and drone deliveries are a very small segment of the market, which is still in testing, and it is not yet known when, where and under what conditions it will be an “ordinary” way of delivering orders.
I have no doubt that the future of drones is positive, but companies have the “problem” of being able to reach that future. And in the meantime, many of them will fall by the wayside.
But of course, I recognize their great merit of having tried.
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